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Sango Capital operates as an investment management firm, primarily focused on private equity and direct investments across Africa. The firm designs investment strategies to deliver strong risk-adjusted returns by targeting opportunities within the continent's growing economies, including sectors such as infrastructure, energy, and consumer products. Their approach emphasizes active management and strategic capital deployment to foster economic development and generate value.
The firm was co-founded in 2011 by Richard Okello and Charles Mwebeiha. Okello brought prior experience as a Principal at Makena Capital, a significant private endowment, shaping their foundational insight. Their vision for Sango Capital emerged from recognizing the potential for impactful and financially rewarding investments within the diverse and dynamic African markets, leading them to establish a firm dedicated to this specialized focus.
Sango Capital serves institutional investors seeking carefully managed exposure to African growth. The company’s overarching mission is to generate robust financial returns while conscientiously integrating environmental, social, and governance considerations into their investment decisions. They strive to maximize their positive impact and create sustainable value for the societies and economies where they operate, ultimately seeking to reframe perceptions of Africa's investment landscape.
Sango Capital has 4 tracked investments across 2 companies. The latest tracked deal is $9.0M Series B in Terragon Group in July 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 27, 2023 | Terragon Group | $9.0M Series B | Grégoire DE Padirac | Loftyinc, TLcom Capital, Vestedworld, Western Technology Investment |
| Mar 17, 2023 | Almentor | $10.0M Series C | E& Capital, Egypt Ventures, Endure Capital, Partech, Sango Capital, Sawari Ventures | — |
| Mar 1, 2023 | Almentor | $10.0M Series B | Partech Ventures, E& Capital, Egypt Ventures, Endure Capital, Sango Capital, Sawari Ventures | Y Combinator, Eric Nadalin |
| May 1, 2021 | Almentor | $7.0M Series B | Partech Ventures | Y Combinator, Eric Nadalin, Egypt Ventures, Wael Amin |