Browsing: Vantage Capital

Vantage Capital

Vantage Capital seals exit from PickAlbatros Hotels after $18.4M pandemic boost

Industry and Trade
  • PickAlbatros operates a portfolio of 4-star and 5-star hotels located in key tourist destinations in Egypt.
  • Vantage Capital’s exit highlights the resilience and growth of Egypt’s hospitality sector amid challenging global conditions.
  • Egypt’s hospitality sector is a key pillar of the country’s economy, attracting 15 million international tourists annually.

Vantage Capital, Africa’s mezzanine debt fund manager, has announced the successful full exit of its investment in PickAlbatros Hotels, a leading hotel owner and operator based in Egypt.

PickAlbatros operates a portfolio of 4-star and 5-star hotels located in key tourist destinations along Egypt’s Red Sea coast, including Sharm El Sheikh, Hurghada, Sahl Hasheesh, and Marsa Allam.

These resorts are popular for their luxurious beachfront access, fitness clubs, water parks, and swimming pools, making them major attractions for international tourists, particularly from Europe.

The investment exit marks a milestone for both Vantage Capital and the PickAlbatros group, highlighting the resilience and …

Vantage Capital concludes a $71 million deal with telco Camusat

Tech & Business
  • Vantage Capital invested $71 million in Camusat to fund the expansion of its telecom infrastructure division, AktivCo, and refinance debt.
  • Camusat aims to drive sustainable telecom growth by partnering with major mobile network operators in Africa, focusing on decarbonization and low-carbon infrastructure.
  • The partnership supports Camusat’s strategic expansion in emerging markets, while Vantage Capital’s investment emphasizes environmental, social, and governance (ESG) goals.

Fund manager Vantage Capital has finalized a $71.5 million (€66 million) mezzanine investment in Camusat Holding S.A.S, a key player in the telecommunications infrastructure industry in Africa and across the world.

This investment is set to fuel the expansion of AktivCo, Camusat’s Infrastructure-as-a-Service (IaaS) division, and refinance existing debt. The deal, which is part of a larger $87.7 million (€81 million) financing package, was conducted in consortium with Eurazeo, a European-based investment firm.

Powering Africa’s telecommunications infrastructure

Camusat has established itself as a key partner for mobile network …