Global Firm Explores Mining, Agriculture Investments in Nigeria, Kenya, Others

Crusoe Osagie

Quantum Global Group has announced plans to expand its investment to countries in Africa and the Middle East. The expansion move, according to the company was aimed at increasing investors’ access to Africa’s vast development potential and establish new offices in Nigeria, Angola, Kenya and Mozambique to give ‎investors access to its portfolio of Mauritius registered funds in Mauritius, which offers one of Africa’s strongest legal and regulatory environment.

The company in a statement obtained by THISDAY, said ‎the funds are basically setup to target high growth industry sectors in Africa that include agribusiness, timber and mining, healthcare and mezzanine investments.

As part of the expansion plan, the company has also begun the legal registration process to open a representative office in Dubai, saying that the new office will offer financial advisory services to Asian and Middle East investors looking to tap into the development potential that Africa uniquely offers.

According to Quantum Global, it will broaden the scope of its investment services in these marks by offering financial advisory services, actively sourcing deals and managing the local private equity investments.

“Quantum Global will leverage Mauritius’ economic and political stability and sound regulatory framework to attract high quality foreign investments into Africa. With excellent infrastructure and Double Taxation Agreements (DTAs) with most African countries, Mauritius has caught the attention of several global funds, investment houses and advisors from across the world to establish their investment vehicles on the country.

Commenting on the Group’s expansion plans, Founder and Chairman of the Advisory Board, Jean-Claude Bastos de Morais said: “With Africa offering enormous development potential, global investors including Asian and Middle Eastern, are increasingly looking to capitalise on investment opportunities in the region in a low risk environment that Mauritius has to offer. “Building on Quantum Global’s African heritage, we can really bring considerable investments into the region. We are therefore extremely thrilled about expanding our presence across Africa and the Middle East,” he said.

Focused on high-growth sectors on the African continent, Quantum Global’s Mauritius registered portfolio comprises of a mezzanine fund and dedicated private equity funds in the infrastructure, hospitality, agriculture, healthcare, timber, and mining sectors.

“The island nation of Mauritius has a lot of strategic advantages. It has become a promising, transparent international financial center for inbound and outbound trade, and investments into Africa. At Quantum Global, we plan to play a crucial role in building a financial ecosystem in Mauritius that will see the creation of a financial ‘Center of Excellence’. The Center aims to increase investment knowledge while providing African focused investment products to global investors,”  Bastos de Morais said.
Quantum Global is an international group of companies active in the areas of private equity investments, investment management, private wealth management as well as macroeconomic research and econometric modelling.

Its private equity arm manages a family of funds targeting direct investments in Africa in the sectors of Agriculture, Healthcare, Hotels, Infrastructure, Mining and Timber – as well as a sector agnostic structured equity fund.