BluePeak Private Capital invests US$20-million in Watu Africa

BluePeak Private Capital has invested US$20-million in Watu Africa to further assist with its expansion in the East African region. Watu Africa is a leading East African asset leasing company focused on improving mass-market mobility. The company has provided over 600,000 loans across 7 countries and positively impacted the lives of more than 3.6-million people. The typical customer base requires finance for two and three-wheeler vehicles.

BluePeak Private Capital is an alternative asset management firm established in 2019 and has a presence in Tunis (Tunisia), Nairobi (Kenya) and London (United Kingdom). The firm was founded to fill a financing gap and focus exclusively on the provision of bespoke financing solutions for impactful businesses across Africa. BluePeak Private Capital has US$140-million in assets under management and has invested in companies such as Africure Pharmaceuticals, Ieng Group and GRIT Real Estate Income Group among others.

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