Deals - Oct 17, 2022

Asafo & Co. Advises Assifill Buildings on Project Bond Issuance

Asafo & Co. advised, alongside Red Med Capital, Assifill Buildings, a wholly owned subsidiary of SOMAGEC, in its 300 million Dirham issuance of project bonds to finance two public procurement projects led by Assifill Buildings.

Deals - Oct 11, 2022

Asafo & Co. Advises on Africa 50’s Investment in Holged

Asafo & Co. advised Holged Group, a leader in primary and secondary education in Morocco and Tunisia, in Africa 50’s investment in its share capital.

Deals - Sep 29, 2022

Asafo & Co. Advises BMCE Capital Investments on Launch of its First Private Equity Fund

Asafo & Co. advised BMCE Capital Investments on the launch of Fonds Capital Venture, its first private equity fund to support growth in Morocco’s startup ecosystem.

Deals - Sep 21, 2022

Asafo & Co. Advises Valoris Capital on Launch of its Private Equity Fund

Asafo & Co. advised Valoris Capital, a private equity management company, in structuring and obtaining the necessary approvals to launch its first private equity fund, Valoris Equity Fund.

Deals - Sep 04, 2022

Asafo & Co. Advises Aruwa Capital Management on its Investment in Koolboks, an Africa-focused Solar Refrigeration Startup

Asafo & Co. advised Aruwa Capital Management as lead investor in a $2.5 million seed funding of Koolboks, a solar energy refrigeration startup for off-grid areas in Africa.

Company News - Sep 02, 2022

Asafo & Co. Expands its Abidjan Office and Global Mining Practice with Hire of Daye Kaba as Partner

Asafo & Co. strengthens its mining practice with the hiring of Daye Kaba, an international corporate finance and commercial lawyer joining the firm as a partner in Abidjan.

Deals - Jul 27, 2022

Asafo & Co. Advises AfricInvest FIVE, Adelie, and Seedstars Africa Ventures in Investment in Fintech Company Bizao

Asafo & Co. recently advised AfricInvest FIVE (Financial Inclusion Vehicle) as lead investor, alongside co-investors Adelie and Seedstars Africa Ventures, in an €8 million Series A fundraising to back fintech company Bizao.

Deals - Jul 26, 2022

Asafo & Co. Advises IFU and Norfund on the Opening of a Tanzanian Bank in the DRC

Asafo & Co. advised IFU and Norfund, respectively the Danish and Norwegian investment funds for developing countries, in their investment to support the largest bank in Tanzania, CRDB Bank Plc, in opening its first subsidiary in the Democratic Republic of Congo.

Deals - Jul 21, 2022

Asafo & Co. Advises on First IPO on Casablanca’s Alternative Market

Asafo & Co. advised Disty Technologies on its IPO, the first ever, on the Alternative Market of the Casablanca Stock Exchange.