Adiwale Fund I acquires minority stake in Senegalese crane company Codex

Adiwale Fund I acquired a minority stake in Codex SA, a Senegalese lifting services provider operating the largest mobile crane fleet in Senegal. The capital injection will fund new equipment and regional expansion.

“this new partnership illustrates the crucial role of private equity in the industrial sector”avca.africa

• 1 source
• avca.africaAVCA | Adiwale backs Senegalese lifting services providerSep 11, 2025

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