News

News Updates ÀRGENTIL APIP II INVESTS IN CCX Àrgentil Capital Partners (Àrgentil) has acquired a 49% stake in Chocolate City Lounge, a Nigerian restaurant and lounge company, through its Àrgentil Principal Investment Portfolio II (APIP II). The investment includes equity and debt funding to support the company, which will help develop its flagship location at […]

News Updates ÀRGENTIL ACQUIRES STAKE IN TEMPOHOUSING NIGERIA LIMITED Àrgentil Capital Partners (Àrgentil) has acquired a 20% stake in Tempo Housing Nigeria Limited (Tempo Housing), a developer of innovative housing solutions using modern prefabricated technology. This investment, made through the Àrgentil Principal Investment Portfolio II (APIP II), also includes debt financing to support Tempo Housing’s

News Updates ÀRGENTIL APIP II MAKES A FOLLOW-ON INVESTMENT IN CCX Àrgentil Asset Management Limited has expanded its investment in Chocolate City Lounge to support CCX’s Lagos market entry by acquiring a 70% stake in 7th Heaven Bistro 7 Limited. This aligns with CCX’s strategy to grow its restaurant and lounge chain across Nigeria, leveraging

News Updates ÀRGENTIL INVESTS IN A PHARMACEUTICAL COMPANY Àrgentil Capital Management Limited invested in Sygen Pharmaceuticals Limited through its investment vehicle, Consumer Growth Partners, alongside other co-investors. Sygen, established in 2019 by acquiring Nigerian German Chemicals’ assets, is a prominent player in Nigeria’s pharmaceutical sector. It operates from Ogun state with multiple depots nationwide, aiming

News Updates ÀRGENTIL’S CLEAN ENERGY PORTFOLIO COMPANY FMGSL ACHIEVES FIRST CLOSING Àrgentil Capital Management closed financing for First Modular Gas Systems Limited (FMGSL), a clean energy company it co-founded with Dharmattan Gas Facilities Limited. FMGSL secured equity and debt financing from the Africa Infra Plus Fund (AIPF), totaling $16 million for its gas processing plant

News Updates Gbenga Hassan, Speaker At 2023 AFSIC Gbenga Hassan, our Managing Partner, participated as a distinguished panelist at the 2023 Africa Sovereign Investment and Development Forum (AFSIC). The panel, titled “Private Equity in Africa: Powering Economic Recovery,” brought together industry leaders to discuss the role of private equity in driving Africa’s economic growth. Alongside

News Updates TEAM SITE VISIT TO THN’S 2ND RESIDENTIAL DEVELOPMENT TempoHousing Nigeria (THN) completed its third proprietary project, 3Cliffs Haven, in Lekki, Lagos-Nigeria.  ÀCML representatives conducted a site visit to gain further insights into the development.  The 3Cliffs Haven project showcases THN’s commitment to sustainable housing solutions. The development consists of 18 units of one-bedroom

News Updates GBENGA SPEAKING AT PEVCA ÀCML attended the PEVCA 2024 conference in Nigeria, where Gbenga Hassan, our Managing Partner, spoke on “Infrastructure and the Transition to a Green Economy.” He discussed the challenges and opportunities in sustainable infrastructure and green technologies, highlighting Nigeria’s renewable energy potential. Noting that over 40% of Nigerians use generators

News Updates ENGAGEMENT WITH FCDO AND MANUFACTURING AFRICA TEAMS IN LAGOS ÀCML participated at the visit of The Foreign Commonwealth and Development Office (FCDO) and Manufacturing Africa (MA) team, to Sygen Pharmaceuticals Ltd (Sygen). Sygen had been successfully onboarded to the MA programme prior to the visit.   This meeting provided an excellent opportunity to discuss the support

News Updates AVCA CONFERENCE 2024 SPOTLIGHTS GBENGA HASSAN At the AVCA2024 conference in Johannesburg, Argentil Capital Management Limited (ACML) Managing Partner Gbenga Hassan participated in a panel discussion titled “When Health is Wealth: Unlocking Opportunities for Health Financing in Africa” He was joined by industry experts Romen Mathieu (The EuroMena Funds), Sandrine Henton (EG Capital),