Deals - Feb 14, 2025

Asafo & Co. Advises the Tazi family on Sale of Biomag to Comaner SA

Asafo & Co. is pleased to announce its role as legal advisor to the Tazi family in its sale of Biomag, a recognized expert in the production and marketing of flavors and blends for the food industry, to Comaner S.A., a specialist in ingredients and food additives in Morocco.

Deals - Feb 10, 2025

Asafo & Co. Advises Adiwale Partners on West Africa Agribusiness Investment

Asafo & Co. recently advised Adiwale Partners (Adiwale), a major private equity fund focused on supporting SMEs in West Africa, on its strategic investment in Jus Délice, a leading producer of organic pineapple juice based in Togo.

Deals - Feb 06, 2025

Asafo & Co. Advises Groupe RG on Key Acquisition in Morocco

Asafo & Co. advised Groupe RG, a European leader in Personal Protective Equipment (PPE) distribution, on its acquisition of a majority stake in Groupe Novindus, a Moroccan distribution platform specializing in industrial supplies and maintenance services and operating through its subsidiaries—Novindus, Helios Dica, Restel, and Helios Dexis—in Tangier and Casablanca.

Deals - Jan 29, 2025

Asafo & Co. Advises Africa CapitalWorks and Adiwale Partners on Pivotal Investment in Africa’s Education Sector

Asafo & Co. recently advised Africa CapitalWorks (ACW) and Adiwale Partners (Adiwale), two major private equity funds investing in mid-market companies across sub-Saharan Arica, on their investment in Enko Education, a leading network of private schools in Africa.

Deals - Jan 24, 2025

Asafo & Co. Advises Norfund on Strategic Expansion of Investment in CrossBoundary Energy

Asafo & Co. recently advised Norfund in its latest investment in CrossBoundary Energy, doubling its stake in the company to US$ 80 million.

Deals - Jan 09, 2025

Asafo & Co. Advises UAE Mining Group on Strategic Acquisition in Morocco

Asafo & Co. recently advised Purple Hedge Resources in its acquisition of Compagnie Minière d’Oumejrane from Groupe Managem.

Deals - Dec 05, 2024

Asafo & Co. Advises Songon Energies on Development of Major Power Plant in Côte d’Ivoire

Asafo & Co. advised Songon Energies S.A. on the negotiation with the Côte d’Ivoire government and signing of amendment No. 2 to the ENERGY 73 Convention for the financing and implementation through the BOOT model (Build, Own, Operate, Transfer), of a 372 MW ISO combined cycle thermal power plant located in Songon, Côte d’Ivoire.

Deals - Dec 04, 2024

Asafo & Co. Advises SAHAM Group and Tana Africa Capital on Strategic Exit from International School in Ethiopia

Asafo & Co. advised SAHAM Group, a private investment company dedicated to driving economic growth and creating lasting value, and Tana Africa Capital, a leading private equity firm focusing on sustainable growth in Africa, on the sale of their joint stake in Flipper International School (FIS) to ADvTECH Group.

Deals - Nov 26, 2024

Asafo & Co. Advises Admaius Capital Partners in Partnering with Proparco to Support Medical Education in Senegal

Asafo & Co. advised Admaius Capital Partners, which is partnering with Proparco to support the St. Christopher Iba Mar Diop Medical School in Dakar, one of the largest private medical training institutions in Francophone Africa.