Venture capital firm
Amethis Investment Fund Manager S.A.
Amethis is a Paris-headquartered private equity firm founded in 2012 that specialises in small and mid-cap investments across Africa, Europe, and the Middle East. The firm's investment strategy focuses on providing growth capital to "regional champions"—scalable, often family-owned businesses that deliver essential goods and services to the growing African middle class. Amethis positions itself as an active shareholder, supporting entrepreneurs through its international network and value-added governance while implementing rigorous environmental, social, and governance (ESG) standards.
Investment focus
- Sectors
- Financial servicesConsumerHealthcareManufacturing and industrialsAgriculture and foodTechnologyEnergy and power
- Stages and strategies
- GrowthBuyout
- Instruments
- EquityDebtMezzanine
- Regions
- Pan-African, Europe
- African markets named in public materials
- Kenya, Morocco, Côte d'Ivoire, Egypt, South Africa
Funds managed
- Amethis Fund III 2023 $471m
- Amethis MENA Fund II 2021 $120m
- Amethis MENA Fund I 2013 $91m
- Amethis Fund I 2012 $280m
- Amethis Europe Expansion Fund
Selected portfolio and direct investments
- ATI Industries
- Overseas Catering Services
- Tiba Starch & Glucose Manufacturing Co. S.A.E
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 13 Oct 2026 | Amethis, Bpifrance and management acquire a majority stake in ATI Industries | Private Equity | Undisclosed | Côte d'Ivoire |
| 12 Mar 2026 | Amethis' Investment in Tiba's Operations in Egypt | Private Equity | Undisclosed | Egypt |
| 29 Jan 2026 | Retail Holding and Amethis MENA Fund II acquire OCS Group's Operations in Morocco and Senegal | Private Equity, Corporate Transactions | Undisclosed | Senegal |
Sources
- Partner Researchers, accessed 14 November 2026