Phatisa backs Kenya's Artcaffé
The mezzanine facility, through Phatisa Food Fund 2, will support the group’s next phase of growth.
** For the best experience, download the free Africa Private Equity News app Android | iOS **
Phatisa has invested in Artcaffé, a casual dining and gourmet food business in Kenya, via a mezzanine debt growth facility.
With a portfolio of over 60 outlets spanning restaurants, an in-house bakery, central kitchen, and a gourmet retail offering, Artcaffé has built a distinctive, scalable model in East Africa’s fast-evolving consumer landscape.
This mezzanine facility, through Phatisa Food Fund 2, will support the group’s next phase of growth – expanding into new regions, and strengthening its B2B offering whilst leveraging various digital channels and deepening its overall market presence.
Stay ahead in Africa's private equity and venture capital sector with Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. Subscribe here