Fund of funds
South Suez Capital Limited
South Suez Capital Limited, founded in Mauritius in 2009, is an independent private equity fund-of-funds manager. It is specifically dedicated to the African continent, making it Africa's first such firm. Regulated by the Mauritian Financial Services Commission and the South African Financial Sector Conduct Authority, South Suez primarily invests as an LP in private equity funds across Africa. The firm also actively participates in the African private equity secondary market and makes direct investments into operating companies. Its investment strategy focuses on providing investors with access to a diversified portfolio of companies operating in over 40 African countries, with a significant proportion of investments being growth or greenfield opportunities aimed at driving development.
Investment focus
- Stages and strategies
- GrowthFund investments
- Regions
- Northern Africa, Eastern Africa, Western Africa, Central Africa, Southern Africa
Funds managed
- South Suez Africa Fund I (SSAF I) 2010 $278m
Fund commitments
Selected portfolio and direct investments
- Walvis Bay Medipark (Pty) Ltd, Erongo Radiology (Pty) Ltd, Spescare Namibia (Pty) Ltd
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 9 Dec 2025 | Salt Capital and South Suez Capital's acquisition of Welwitschia Hospital, ERAD Radiology, and Spescare Namibia's operations in Namibia | Private Equity | Undisclosed | Namibia |
Sources
- Partner Researchers, accessed 14 November 2026
- Partner Researchers, accessed 14 November 2026
- https://www.adenia.com/news/adenia-closes-fifth-flagship-fund-oversubscribed-at-470m/, www.adenia.com. Accessed 14 November 2026.
- https://techtrends.africa/global-vc-firm-partech-secures-largest-africa-focused-fund-at-263-million/, techtrends.africa. Accessed 14 November 2026; link checked 15 November 2026.