• About
  • Advertise
  • Careers
  • Contact Us
Monday, June 23, 2025
  • Login
No Result
View All Result
NEWSLETTER
Tech | Business | Economy
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
    • Mobility
    • Environment
    • Travel
    • StartUPs
      • Chidiverse
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • EventDIARY
    • Editorial
    • Appointment
  • TECHECONOMY TV
  • Apply
  • TBS
  • BusinesSENSE For SMEs
  • Chidiverse
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
ADVERTISEMENT
Home Economy Finance

Vantage Capital Exits Another Company

by Joan Aimuengheuwa
May 9, 2023
in Finance
0
Vantage Capital Exits Another Company
Cap Tamarin Masterplan

Cap Tamarin Masterplan

UBA
Advertisements

Vantage Capital, Africa’s largest mezzanine debt fund manager, announced that it has fully exited its investment in Cap Tamarin, a smart city development located in the town of Tamarin on the west coast of Mauritius, managed by Trimetys Group. 

Vantage’s exit, which was financed by an equity and bond raise that also provided funds for further expansion of the development, is a second this year, following its initial exit from Dynamic Beddings.

Vantage provided $10 million to Cap Tamarin in July 2018 to fund the infrastructure and amenities of the development which included civil works, telecom works, electrical works and construction of the park and bridges. 

Whilst banks were unwilling to fund the early-stage construction risk, Vantage recognised the potential of Cap Tamarin, a mixed-use development project in a prime coastal location that combines an aspirational island village lifestyle with a strong developmental impact on surrounding communities. 

Today, all major roads and bulk infrastructure at Cap Tamarin have been completed as well as various phases including a supermarket, primary school, gas filling station, sports club, offices and commercial units. Various other projects are also underway including the development of a medical clinic, retirement village and various residential units.

Roshal Ramdenee, Associate Partner at Vantage Capital, said “Vantage is pleased to have supported Cap Tamarin, a project with significant potential for both the local community and investors. Our ability to provide flexible funding for the early-stage construction of the development, when traditional banks were unwilling to do so, highlights our commitment to supporting high-impact projects in Africa. We are proud to have fully exited our investment and to have contributed to the successful completion of major infrastructure and amenities at Cap Tamarin.”

Warren van der Merwe, Managing Partner at Vantage Capital, added “The Jhuboo family and Trimetys have been visionary and trustworthy sponsors to invest with.  We wish them all the best in taking this landmark development to its successful conclusion.”

Kian Jhuboo, Director at Trimetys noted, “Vantage Capital has been a valuable partner and has accompanied our project with great professionalism and also a great listening ear thanks to Warren and his team.”

Loading

Advertisements
MTN ADS

Author

  • Joan Aimuengheuwa
    Joan Aimuengheuwa

    Joan thrives at helping individuals and businesses scale via storytelling...

    View all posts
0Shares
Tags: Cap TamarinKian JhubooRoshal RamdeneeVantage CapitalWarren van der Merwe
Joan Aimuengheuwa

Joan Aimuengheuwa

Joan thrives at helping individuals and businesses scale via storytelling...

Next Post
skills gap in Nigeria

Strategies to Bridge Technology Skills Gap in Nigeria

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Recommended

inDrive

inDrive Raises $150 million from General Catalyst to Boost Growth, Expand Offering

2 years ago
NIMC Enforces Sanctions for Erring Agents, Partners to Protect Citizens Data

NIMC Enforces Sanctions for Erring Agents, Partners to Protect Citizens Data

1 year ago

Popular News

    Connect with us

    • About
    • Advertise
    • Careers
    • Contact Us

    © 2025 TECHECONOMY.

    No Result
    View All Result
    • News
    • Tech
      • DisruptiveTECH
      • ConsumerTech
      • How To
      • TechTAINMENT
    • Business
      • Telecoms
      • Mobility
      • Environment
      • Travel
      • StartUPs
        • Chidiverse
      • TE Insights
      • Security
    • Partners
    • Economy
      • Finance
      • Fintech
      • Digital Assets
      • Personal Finance
      • Insurance
    • Features
      • IndustryINFLUENCERS
      • Guest Writer
      • EventDIARY
      • Editorial
      • Appointment
    • TECHECONOMY TV
    • Apply
    • TBS
    • BusinesSENSE For SMEs

    © 2025 TECHECONOMY.

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In
    Translate »
    This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.