TLG Capital has finalized a $10 million private credit facility to support an African-founded investment holding company in acquiring a leading insurance platform in Ghana. This strategic move underscores TLG Capital’s commitment to backing Africa-rooted entrepreneurs and fostering regional consolidation in the financial services sector.
Zain Latif, Principal at TLG Capital, commented:
The macroeconomic environment in Africa has been challenging since Covid, but we believe the turning point has passed. Many African economies are showing resilience and promise. We are positioning now with a diversified portfolio across the continent, backing firms led by local entrepreneurs who will define the next decade.
Latif added:
At TLG Capital, we believe the future of Africa’s most successful businesses will be shaped by entrepreneurs deeply rooted in the continent. Our facility in Ghana is a deliberate investment in that future—enabling regional consolidation across Nigeria and Ghana and building stronger, scalable platforms under local leadership.
He emphasized the structural shift underway in African markets:
When a multinational withdraws, it often signals that the standard model no longer fits the local context. When African entrepreneurs step in, they bring agility, innovative models, deep local insight, and above all, the commitment to stay. They fill the gap. They transform industries.
In a world of growing geopolitical uncertainty, Africa’s real-economy story is beginning to stand apart. Local entrepreneurs must be ready to seize this moment. TLG Capital stands ready to partner with those bold enough to build the institutions that will serve Africa’s next decade.
