Revenue quality
Demand, customer concentration, margins and the repeatability of growth.
Portfolio
We disclose completed investments when appropriate. Pipeline companies are not presented as portfolio holdings.
Nigeria · Food processing
A Nigerian food-processing company producing accessible cereal-based foods and snacks.
Demand, customer concentration, margins and the repeatability of growth.
Working capital, liquidity, controls and the quality and timeliness of reporting.
Board effectiveness, accountability, policies, leadership and operating systems.
Relevant indicators linked to employment, inclusion, access, supply chains and environmental responsibility.
Across the portfolio, commercial, operational and impact performance are monitored against investment-specific objectives.