April 21, 2016

Private equity firm, Quantum Global Group has announced its expansion across Africa and the Middle East. Founded on its first wealth management contract in 2007 and registered in Mauritius, Quantum Global has established a private equity arm that manages a family of funds targeting direct investments across Africa in the key growth industries of agriculture, timber, infrastructure, mining, healthcare, and hospitality.

Under its expansionary plans, the firm will establish offices in the key African markets of Angola, Kenya, Mozambique, and Nigeria, and has already started regulatory procedures to open an office in Dubai. The Dubai office will offer financial advisory service to Middle Eastern and Asian investors that are looking to leverage the potential for growth across the African continent. The firm will expand its services offered at its African locations to include the active sourcing of deals, managing each office’s private equity investments, and financial advisory services.

Mauritius is known for its stable economic, political, and regulatory nature, its notable infrastructure, and existing Double Taxation Agreements (OTAs) with most African countries. These positives have attracted attention from global funds, and Quantum plans to leverage these factors to attract foreign investment into African markets.

“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,” notes Jean-Claude Bastos de Morais, Founder and Chairman of the Advisory Board, said in a company statement.

In the later half of 2015, Quantum closed its $250 million timber fund, the largest dedicated timber fund in sub-Saharan Africa, and joined the Forest Stewardship Council International (FSC International). Although still a niche market in the region, economic development in sib-Saharan Africa is driving up demand for timber-related and timber-derived products, which Quantum’s team aims to capitalize upon through best practice management and natural forest preservation.