Eranove

The Eranove Group is a leading player in utilities management and electricity and drinking water production in Africa. The Pan-African Industrial group has been present in Cte d'Ivoire for several decades (SODECI, CIE, CIPREL, Awale, and Smart Energy), in Senegal (SDE) since 1996, and in the Democratic Republic of Congo via a service contract with... Régideso since 2012. The acceleration of the Eranove group's development (+44% revenue growth in five years) and its growing geographical footprint with projects under development in Gabon, Madagascar, Cte d'Ivoire, Mali and Togo confirm the appropriateness of its approach. With a turnover of 576 million euros, a power generation capacity of 1,250 MW, and 1,000 MW being developed, 437 million m3 of drinking water produced, Eranove Group employs more than 9,000 people, and catalyzes their skills and know-how to best serve its 1.9 million customers for electricity and 1.8 million for water (figures for 2017). As a responsible player, the Group is committed through its subsidiaries to all CSR (Corporate Social Responsibility) issues and to ISO 9001 quality, OHSAS 18001 safety and ISO 140001 environmental certifications. The majority shareholder of the Eranove Group is ECP (Emerging Capital Partners), a pan-African leader in private equity. ECP has raised more than $3 billion since its inception, making it one of the leading equity investors focused exclusively on Africa. ECP has six offices across Africa and more than 17 years of investment experience. The company has made more than 60 investments and 40 exits and operates in more than 40 countries on the continent.Read More