African Venture Capital Association 28 February 2013
The African Agriculture Fund, managed by Phatisa, has invested in Continental Beverage Company, a company bottling and distributing mineral water with its head office in Abidjan, the commercial capital of Côte d’Ivoire.
Demand for clean drinking water is on the increase in Africa, as a direct result of population growth and urbanisation. Supplying an alternative source of safe drinking water is especially critical as water insecurity affects between 75 million and 250 million people in Africa according to recent UN research.
The Teylium Group (Teylium) is an African conglomerate active in a number of West and Central African economies. The Group was founded with the commitment to deliver first-world solutions to the Continent’s enormous development potential. Teylium currently operates in several business segments in the West and Central African region as follows: real estate, hospitality, finance, telecommunications and agro-industry.
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