4th Floor, Sibekelo 2 Building, Mbabane Office Park, Mhlambanyatsi Road, Mbabane, Eswatini

Private Equity

Our Approach to Private Equity

We believe in a proactive approach to investing, hence our consistent application of a private equity investment model in all our investment activities, characterised by the following:

  • Holding atleast 2 board seats on the boards of our investee companies medium- to long-term investment holding period.
  • Holding atleast 25.1% shareholding in our investee companies so that we have influence. In instances where we hold less than 25.1%, we ensure that our investment structure provides that we still have influence.
  • Target IRR of 25%.
  • Investing in partnerships with strong international operators with technical know-how, financial capacity and experience.
  • Prudent accounting for our investments.
  • Strong focus on portfolio management, characterised by effective management and monitoring of our investments.
  • Our portfolio management process requires, amongst others, various technical skills ranging from financial, risk management and business, to devising and negotiating exit.
  • Structured exit from our proprietary investments through one or a combination of the following:
    • Sale to our investment/operating partners;
    • Sale to other financial investors; and/or
    • IPO of our investee companies.

Our Proprietary Private Equity Portfolio

ESW has built a diversified regional portfolio of assets in microfinance, fintech and insurance.

GetSure Botswana

GetSure Botswana

Fractal Labs

Fractal Labs

Tu Loans

Tu Loans

GetBucks South Africa

GetBucks South Africa

GetBucks Kenya

GetBucks Kenya

GetBucks Eswatini

GetBucks Eswatini

GetBucks Botswana

GetBucks Botswana

MyBucks

MyBucks

Lilanga

Lilanga