- Finergreen has divested its African business to local management teams in Côte d’Ivoire, Kenya and South Africa.
- The African operations will now operate independently under the Amara Infrastructure Partners and Honeywood brands.
- The company will prioritise growth in Europe and Asia through hubs in Paris, Madrid and Singapore.
Finergreen has sold its African operations to local management teams as the boutique investment bank sharpens its strategic focus on Europe and Asia.
The transaction includes the company’s offices in Abidjan, Nairobi and Cape Town, which have collectively advised on energy transition projects across more than 30 African countries. The African business employed a team of 25 professionals and formed a significant part of Finergreen’s international expansion over the past decade.
The Abidjan office in Abidjan was established in 2016 as the company’s first international branch outside France. This was followed by expansion into Nairobi in 2019 and Cape Town in 2021.
Following the transaction, the West and East African operations will operate under the new brand Amara Infrastructure Partners. The business has been acquired by long standing managers Jean Jacques Ngono, Caroline Boone and Florian Cammas.
The Southern African operation will now trade as Honeywood after being acquired by Managing Partner António Ferreira Pinto and his local team.
Both businesses will operate independently from Finergreen under separate brands.
Finergreen said it will now concentrate on expanding its activities across European and Asian markets through its core hubs in Paris, Madrid and Singapore. The company will retain a smaller presence in Central America through its Mexico office and said it may continue to support transactions in Africa through partnerships with its former teams.
Alain Renaud said the strategic shift would allow the company to focus on profitable growth in markets where it has its strongest operational footprint and client networks.
Meanwhile, Jean Jacques Ngono said the newly independent business plans to expand beyond clean energy advisory into broader sustainable infrastructure opportunities aimed at addressing Africa’s infrastructure gap.
Ferreira Pinto said Honeywood intends to build on its experience in infrastructure and energy finance across Southern Africa by combining project finance expertise with mergers and acquisitions advisory services to support energy transition investments in the region.
Author: Bryan Groenendaal
