Adiwale Fund I has announced the acquisition of a minority stake in Maintenance Climatisation Technique (MCT). The 60-year old company is the Ivorian leader in the installation and maintenance of innovative industrial, commercial and residential air conditioning solutions. It also offers electrical engineering services.

MCT operates in eleven countries in French-speaking sub-Saharan Africa, and is a local partner for Carrier, the world leader in air conditioning services.

MCT’...