Principal Investments

Our Current Investments

AfyA Care Nigeria Limited

Location: Lagos, Nigeria

Sector: HealthCare

Investment Status: Current

Investment Date: 2020

AfyA Care Nigeria (“AfyA Care”) was established to create an integrated healthcare platform by investing in brownfield and greenfield hospitals, health insurers, and heath-tech opportunities in Nigeria in the first instance, and in other African countries in the future. Afya has a vision to make healthcare accessible and affordable.

MCM invested in AfyA Care’s ‘Series A’ fund raise to finance identified greenfield and brownfield investment opportunities.

 

Website: https://afya.care/

FCSL Asset Management Company Limited

Location: Lagos, Nigeria

Sector: Financial Services

Investment Status: Current

Investment Date: 2020

FCSL Asset Management Company Limited (“FCSL”) is registered and licensed with the Securities and Exchange Commission (SEC) and the Nigerian Stock Exchange (NSE) as an Issuing House, Broker-Dealer and a Supplemental Market Maker. FCSL is also licensed to trade on the National Association of Securities Dealers (NASD), a trading platform for unquoted securities.

MCM invested in FCSL to support the Company’s growth plans.

 

Website: https://www.fcslng.com/

Sourcing and Produce Limited

Location: Lagos, Nigeria

Sector: Commodities trading

Investment Status: Current

Investment Date: 2020

Sourcing & Produce Limited (“S&P”) is a specialty and niche commodity trading company that focusses on procuring and distributing agricultural commodities that are sourced from Africa to the local and international markets. S&P trades commodities such as ginger, cashew nuts, orange peels, hibiscus flower, chili pepper, sesame seeds, groundnuts, and desiccated coconut.

MCM provided capital to finance the working capital needs of the Company.

 

Website: https://sourcingandproduce.com/

Inkblot Productions Limited

Location: Lagos, Nigeria

Sector: Entertainment – Film Production

Investment Status: Current

Investment Date: 2017

Inkblot Productions Ltd (“Inkblot”) is a film production company based in Lagos State that produces feature films and television series.

MCM invested in Inkblot’s three-movie slate, including the sequel to the blockbuster movie ”The Wedding Party” as well as “Moms at War” and “New Money”. The investment was made through a private entity established specifically for the movie projects.

Website: https://ink-blot.tv/

NFC Agro Processing Limited

Location: Benue, Nigeria

Sector: Agriculture – FMCG/Agro-Processing

Investment Status: Current

Investment Date: 2016

NFC Agro Processing Limited (”NFC” or the ”Company”) is a food processing and water packaging company based in Benue State. The Company operates a water packaging factory which has a capacity to produce 10,400 cartons of bottled water and 64,000 bags of sachet water monthly.

MCM’s initial investment was to finance the Company’s working capital needs.

 

Website: https://www.nfc-ng.com/

Sterling Realties Development Company Limited

Location: Lagos, Nigeria

Sector: Real Estate – Residential

Investment Status: Current

Investment Date: 2016

Sterling Realties Development Company Ltd (“SRDC”) is a real estate development company that commenced operations in 2015 and has varied interests in general property development.

MCM’s initial investment in the Company is towards developing a 55-hectare beach front real estate project in Maiyegun, Lekki, Lagos State. Upon completion of the project, 370 serviced plots will be sold to the general public.

Website: https://maiyegunbeachestate.com/

Sterling Virtual Office Limited

Location: Lagos, Nigeria

Sector: Real Estate – Serviced

Investment Status: Current

Investment Date: 2013

Sterling Virtual Office Ltd (“SVO”) is a serviced office provider based in Lagos. The Company commenced operations in 2013 and currently leases two office spaces in Ikoyi with a combined lettable floor area of c.1,000 sqm.

MCM provided the seed capital required to establish the company and raised follow-on funding from other investors for working capital.

 

Website: https://sterlingvirtualoffices.com/