Cordis Africa

African capital, Luxembourg structure.

We work with licensed local sponsors to give African investments an institutional structure, and we build the indices, data and family office tools that international investors have lacked.

Three giraffes in dry savannah

Two ways to partner

Local knowledge and international structure rarely come together. Cordis Africa brings them together, on terms agreed in writing before anything starts.

Capital partner

Cordis sponsors a Luxembourg vehicle, acts as its general partner, and arranges the authorised manager, depositary and administrator around a local sponsor's pipeline. Economics are set out in a term sheet agreed before the first deal.

Strategic partner

A local institution keeps its own vehicle and brand; Cordis provides structuring, governance, European distribution relationships and technology. The partnership is a contract. We do not take over the institution.

Every partnership depends on the local partner holding the licences its regulator requires. We check this before we start, not afterwards.

Indices for African markets

African equities are poorly covered by indices, and most of the indices that exist ignore currency, which is usually what matters most to a foreign investor. Cordis builds rules-based indices for research that take account of liquidity, disclosure and exchange-rate regimes. Any future licensing will follow the applicable benchmark rules.

  • NABLA 50

    The core African large-cap index, with its own universe, currency treatment and methodology.

  • SAVANA 50

    An African growth index with its own rules and exposure profile.

About the indices

African families, European structures

Many African families and entrepreneurs hold assets in three or four countries, through structures set up at different times by different advisers. Atelier was designed for exactly this situation. It builds one map of everything owned, reconciled from the documents each provider sends.

For families establishing themselves in Europe, we assemble the Luxembourg structure, the administrators and the banking relationships, and we coordinate the reporting.

Family offices