The Advanced Finance and Investment Group (AFIG Funds) and the Norwegian Investment Fund for Developing Countries (Norfund), complete the acquisition of the packaging leader in Côte d'Ivoire.

Started last March, the process of buying the Ivorian packaging company, Nouvelle Mici Embaci (NME), presented as one of the most important in the packaging sector, was finalized at the beginning of July. Its new buyers include fund manager AFIG Funds and Norway's Norfund. The operation was financed by Bridge Bank Côte d'Ivoire and Mauritius Commercial

The acquisition process of Nouvelle Mici Embaci, which is also a subsidiary of the Ivorian private group Carré d'Or, took place in three phases. The first began in March 2023 with the approval of an acquisition loan from Bridge Bank Group Côte d'Ivoire. This phase was followed in May 2023 by the signing of the capital investment by Norfund and the finalization of sales agreements with the seller, Holea Holding. The final disbursement phase was completed on Monday, July 3