Finance

Mauritian TRT Investments buys 49% stake in SA’s KAS Africa for $10mln

Monday, 19 April 2021 16:23
Mauritian TRT Investments buys 49% stake in SA’s KAS Africa for $10mln

(Ecofin Agency) - Mauritian investment firm TRT Investments has acquired a 49% stake in KAS Africa, a South African consumer goods distribution company. The investor, which manages more than $200 million in assets, has joined the company's shareholding for $10 million. KAS Africa manufactures personal care, oral care, and baby care products.

The money will be used to back the South African company’s long-term growth plan and meet its short-term cash flow needs. KAS Africa will build and equip a new manufacturing plant while working to improve its products and attract new customers.

“We have bought a significant share in KAS Africa because it fits into TRT’s strategy of industrializing Africa and helping to build it into the alternate supply chain of the world. We are particularly excited about the potential of expansion into East and West Africa for KAS Africa,” said Adam Molai (pictured), CEO of TRT investments.

The investment company which manages a portfolio of diverse operations in five African markets (South Africa excluded) claims more than 20 years of experience in the manufacturing and distribution sector in southern Africa.

Chamberline Moko



 
Telecom


 
Public Management


Ecofin Agency covers the news from 9 business sectors in Africa: Public management, Finance, ICT, Agribusiness, Electricity, Mining, Oil and Gas, Comms and Laws. Ecofin Agency is also creating and management specialized medias, in paper and on the web/social networks, for institutions or African publishers.

AGENCE ECOFIN

Mediamania Sarl
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11

REDACTION
redaction@agenceecofin.com

Public management
Aaron AKINOCHO
Borgia KOBRI
Moutiou ADJIBI

Finance
Idriss LINGE
Walid KEFI
Chamberline MOKO

Agribusiness
Espoir OLODO

Electricity
Gwladys JOHNSON

Oil and Gas
Olivier DE SOUZA

Mining
Louis-Nino KANSOUN

ITC 
Muriel EDJO

Comms
Servan AHOUGNON

Cameroon
Brice R. MBODIAM
Sylvain ANDZONGO
Monique MAY
Julienne Rose SENDE

Togo
Fiacre E. KAKPO
Waliyullah TAJUDEEN
Séna AKODA

Niger
Sandrine GAINGNE

Gabon
Stephane BILLE
Pierre-Celestin ATANGANA

Desk
Stéphane ALIDJINOU
Souha TOURE
Vahid CODJIA
Diane ZODEHOUGAN
Hikmatu BILALI

Translation
Schadrac AKINOCHO
Mouka MEZONLIN
Firmine AÏZAN



Digital
Omar SOKHNA
Mamadou DIOP
Bacary MANE
Abdel Razak MOULIOM

Digital Marketing
Jérémie FLAUX
Geraud ACHI
Jean Christian BERNARD
Franck FOUTE

Web publishing
Bakoly RAHARISOA
Rina RAMANANDRAISOA
Hasina RAJEMISON

Development
Dominique FLAUX

 


 
REGIE COMMERCIALE
AGENCE ECOFIN
Rue du Léman, 6
1201 Genève
Tél: +41 22 301 96 11
Fax: +41 22 301 96 10

Benjamin FLAUX
bf@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72

Voir page 
Nos services
 

 










 



Ecofin Agency is a news agency for economic and sectorial information. It was created in 2010 and it website was launched in June 2011.

Please publish modules in offcanvas position.