Finergreen Sells African Operations To Focus On Europe And Asia Expansion

Finergreen, a boutique investment bank focused on the energy transition sector, has officially sold its African operations to local management teams as part of a broader strategy to focus on growth opportunities in Europe and Asia. The decision marks a major restructuring move for the company after nearly a decade of expansion across the African continent.

The sale includes Finergreen’s regional offices in Abidjan, Nairobi, and Cape Town, which have collectively played an important role in supporting renewable energy and infrastructure projects across more than 30 African countries. These offices employed around 25 professionals and contributed significantly to the company’s international business development efforts.

Finergreen first entered the African market in 2016 with the launch of its Abidjan office, which also became the company’s first international office outside France. The Nairobi office followed in 2019, while the Cape Town office was established in 2021 to strengthen its footprint in Southern Africa.

Following the transaction, the West and East African businesses will now operate independently under the new name Amara Infrastructure Partners. The business has been acquired by long-time Finergreen executives Jean Jacques Ngono, Caroline Boone, and Florian Cammas. At the same time, the Southern African operations have been taken over by Managing Partner António Ferreira Pinto and his local team, and will now operate under the brand Honeywood.

Both new companies will function independently and will no longer be connected to Finergreen’s operations. Despite stepping away from direct activities in Africa, Finergreen said it may continue to collaborate with its former regional teams on selected future transactions in the continent.

The company will now focus its business expansion plans on Europe and Asia, operating mainly from its hubs in Paris, Madrid, and Singapore. It will also retain a smaller presence in Central America through its Mexico office.

According to company leadership, the restructuring will allow Finergreen to concentrate on markets where it has stronger operational capabilities and client networks. Meanwhile, the newly independent African firms are aiming to expand their services beyond clean energy advisory, with plans to support wider infrastructure and energy transition opportunities across the region.