Private equity firm Tana Africa Capital, through its second fund Tana Africa Capital II (TAC II), invested in Kensington Distillers and Vintners (KDV), a fast-growing alcoholic beverage manufacturing and distribution business with operations in South Africa, Kenya and Nigeria. The investment was made directly into KDV Holding that owns majority stakes in Truman & Orange South Africa, Monument Distillers East Africa and Monument Distillers Nigeria.

Since its founding in 2014, KDV ha...