Abate Capital is the bridge between Ethiopian & EAC talent and
We believe there is a distinct entrepreneurial and managerial talent in
this part of Africa, and our purpose is to fully fund and sustain local
initiatives throughout financing, equity, advisory and management.
We adhere to the principles of the EAC, and we have a motto: do good
by doing well.
We finance and develop both existing and greenfield opportunities by
assuming an active role in the promotion and management of the
projects and companies we advise, making sure the full potential of the
projects we assume is realised.
We adhere to the classical cardinal virtues, which guide our delivery:
Prudence: we foster (both within our team and with our
partners) the habit to judge and decide between actions with
regard to the natural end of business: the creation of human
wealth for its stakeholders. Many business judgements lack
realism in the beginning and that condemns the future of the
business to underperformance.
Endurance: Abati Capital prefers to work smoothly but, when
reality gets tough, we display the ability to confront
uncertainty and intimidation. The world of business is a brave
Temperance, also known as restraint, means that we are here
for the long term and facing heaven, i.e. we prefer moderate
but stable performances and returns to explosive beginnings
that end into a burst.
Justice: we will always act according to the natural law of the
realities we confront: people, countries, companies… That
means that we put what is needed; not more and not least.
Patience: our approach is long term, this meaning no rush, no exit
pressures, no need to wait for the next rising cycle…
Opportunity: we are not dogmatic on sectors (we can invest in any
sector), stage (we can invest in any stage of a business) and
ownership structure (we can partners with private individuals,
corporations, public entities, etc.)
Strategic position: we love bottle-neck sectors: those that require
an important amount of expertise from the promoters, sizeable
initial investments and excellent performance to comply with local
regulations and to gain public trust.
The sectors we are looking at are those that accompany the
development of the middle class: affordable real estate, affordable
education, affordable healthcare, light / value added
manufacturing, food processing and food exports, affordable
financing, affordable clothing, FMCG and industrial improvements.