Asafo & Co. Guides AFIG and NME in Injaro Investment 

Asafo & Co. advises AFIG Funds (AFIG) and NME (Nouvelle Mici Embaci) on Injaro Investment Advisors’ equity investment in NME, a prominent packaging company in Côte d’Ivoire. 

Injaro Investment Advisors, through its fund Injaro Ghana Venture Capital Fund (IGVCF), has announced its inaugural investment in NME, marking its entry into the Ivorian market. This investment by IGVCF adds to the consortium of private equity investors, including AFIG and Norfund, which acquired 100% ownership of NME last year, a deal also facilitated by Asafo & Co. 

The transaction aims to establish a regional packaging industry hub, expected to fuel economic growth and boost employment opportunities in the region. 

The Asafo & Co. team advising NME and AFIG was led by partner Patrick Larrivé (pictured) who was assisted by Martin Van Box Som and Camille Bessi