Investor
The Mauritius Commercial Bank Limited
The Mauritius Commercial Bank Limited is a Port Louis-headquartered financial institution and the oldest and largest commercial bank operating in Mauritius. Founded in 1838, the bank has evolved from a local retail network into a major regional financial group operating across Sub-Saharan Africa and the Indian Ocean. While running an extensive retail and corporate banking business, MCB Ltd functions as an active private credit provider, project finance anchor, and principal private equity investor. It routes its structural private equity and thematic asset management operations through its integrated corporate division, MCB Capital Markets, and its specialised fund management arm, MCB Capital Partners. The bank's investment strategy focuses on providing growth equity, corporate debt packages, and project finance to mid-market infrastructure, energy, agribusiness, and retail distribution platforms expanding across Eastern and Sub-Saharan Africa.
Investment focus
- Sectors
- Financial servicesConsumerAgriculture and food
- Stages and strategies
- GrowthBuyout
- Instruments
- EquityDebt
- Regions
- Sub-Saharan Africa
- African markets named in public materials
- Mauritius
Selected portfolio and direct investments
- Axian Energy
- Compagnie Minière Du Bafing SA
- Invictus Investment Company Plc
- Tolaram Corporation Pte Ltd
Recent investments and transactions
| Date | Transaction | Type | Value | Market |
|---|---|---|---|---|
| 3 Sep 2026 | Mauritius Commercial Bank (MCB) invests USD 51 million in Tolaram to refinance the Guinness Nigeria acquisition | Corporate Transactions | $51m | Nigeria |
| 29 Jun 2026 | EBRD and partners support CoreX Holding's acquisition of a majority stake in Compagnie Minière Du Bafing SA | Private Credit | $180m | Côte d'Ivoire |
| 16 Jun 2026 | The Mauritius Commercial Bank (MCB) invests USD 60 million in AXIAN Energy | Private Credit | $60m | Mali |
| 20 Nov 2025 | The Mauritius Commercial Bank Limited (MCB) invests in Invictus Investment Company PLC | Private Credit | Undisclosed | Morocco |
Sources
- Partner Researchers, accessed 14 November 2026
- Partner Researchers, accessed 14 November 2026