Tana Africa buys minority stake in Africa Protein Holdings (Mauritius)

Tana Africa has acquired a minority equity stake in Africa Protein Holdings, a Mauritius based holding company that owns Quality Meat Packers Ltd and Anirita Poultry Farm Plc which are based in Kenya. The company was established in the 1980s as a retail butchery in Nairobi and expanded to become a leading African meat processing company with a significant footprint in the export market. The company remains under the control of the Velji family which is the majority owner of the business. The amount or the stake acquired were not disclosed.

Tana Africa Capital is an Africa focused investment company with US$600-million of capital raised since inception. Tana is owned by the Oppenheimer Family and Temasek Holdings. Since its establishment in 2011, Tana has invested in a portfolio spanning the FMCG, retail, healthcare, education, and agribusiness sectors with operations in more than 20 countries across the African continent. Tana is managed by a team of investment professionals from offices in Johannesburg (South Africa) and Abidjan (Ivory Coast).

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