Quantum Global Group will be expanding across Africa and the Middle East in a bid to increase investor access to Africa, through its funds registered in Mauritius; one of Africa’s strongest legal and regulatory environments. The funds have been set up to target high growth industry sectors in Africa that include agribusiness, timber and mining, healthcare and mezzanine investments.
As part of the expansion plan, Quantum Global has begun the legal registration process to open a representative office in Dubai. The new office will offer financial advisory services to Asian and Middle Eastern investors looking to tap into the development potential that Africa uniquely offers. In addition, Quantum Global also announced the planned opening of strategic offices across the continent in Angola, Kenya, Mozambique and Nigeria. The Firm will broaden the scope of its investment services in these markets 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 (OTAs) 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.
Jean-Claude Bastos de Morais, Founder and Chairman of the Advisory Board, said: “With Africa offering enormous development potential, global investors including those from Asia and the Middle East, are increasingly looking to capitalise on investment opportunities in the region in the low-risk environment that Mauritius has to offer. Building on Quantum Global’s African heritage, we can bring considerable investments into the region. We are therefore extremely thrilled about expanding our presence across Africa and the Middle East.”
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 Centre aims to increase investment knowledge while providing African focused investment products to global investors,” concluded Bastos de Morais.