Invictus Investment secures new financing to accelerate African expansion

UAE – Invictus Investment Company PLC, a leading agro-food enterprise in the Middle East and Africa, has secured a new acquisition finance and revolving credit facility from The Mauritius Commercial Bank Limited (MCB), strengthening its working-capital position as it expands across Africa.

The company, which operates in 65 countries and manages a portfolio of more than 30 agro-food product categories, said the financing will accelerate growth in processing, logistics and distribution, while also supporting future acquisitions targeting companies valued between US$ 200–300 million.

Established in 2022 and headquartered in Dubai, Invictus Investment has grown rapidly from its origins in procurement and commodity supply to become one of the region’s key players in grain trading, commodity exports and value-added food assets.

The deal comes as the agro-food group ramps up its strategy to build an integrated midstream and downstream footprint across the continent.

According to the company, the new package is structured to provide flexible funding capacity, enabling Invictus to expand its presence in high-growth African markets and consolidate a diversified portfolio of food and FMCG assets that serve both local and regional demand.

The company said the financing aligns with its long-term objective of building resilient supply chains that contribute to food security in the Middle East and Africa.

Announcing the transaction, Amir Daoud Abdellatif, CEO of Invictus Investment, said the agreement reinforces market confidence in the company’s performance and growth trajectory.

“The financing agreement with MCB underscores the confidence our partners have in Invictus Investment’s financial and operational performance and our ability to deliver sustainable growth and value creation. It gives us greater flexibility to optimise our capital structure and continue expanding across highgrowth markets, and supports our vision to develop a fully integrated enterprise that contributes to food security in the Middle East and Africa,” he said.

Abdellatif added that the partnership will help advance the company’s ambition of creating a fully integrated agro-food enterprise capable of shaping food resilience across regions.

He stressed that building networks of aligned partners is central to delivering long-term value for communities and strengthening regional supply systems.

MCB, which has a 188-year history and is among Africa’s most established banking groups, described the relationship with Invictus Investment as strategically important to its regional growth agenda.

MCB CEO Thierry Hebraud said that supporting agro-processing companies involved in food security is a key priority for the institution.

He noted that the financing demonstrates MCB’s capacity to structure sophisticated solutions that enhance resilience and sustainability within its clients’ ecosystems. Hebraud emphasised that the bank aims to foster long-lasting relationships with multinational enterprises operating across the continent.

“The relationship with Invictus Investment is of strategic value for us, as it aligns well with our willingness to develop longlasting relationships with multinationals doing business in Africa,” he noted.

Invictus Investment plans to continue advancing its acquisition-led strategy, focusing on majority stakes in leading African companies that align with its integrated value-chain model.

Recent acquisitions include a 65% stake in Angolan fertiliser firm Angata, Merec Industries, Mozambique’s largest flour milling company, among others.

The company is also exploring smaller targets that complement its broader strategic direction.

With its expanding sourcing network, midstream investments and downstream distribution assets, Invictus says it is positioning itself to become one of the region’s most influential agro-food platforms.

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