Our Evolution

Milestones

Africa Rising Capital

2009

Africa Rising Capital established as a corporate and project finance advisory business.

AFRIS Mining Investments established

2013

Africa Rising Holdings established to partner with AML in mining Manganese ore in the Northern Cape province of South Africa.

Africa Rising Empowerment Trust established

2014

An NPO established as an empowerment vehicle for employees of the AFRIS Group of companies.

Business model shift

2019

The business model of the AFRIS Group changed to place more emphasis on principal investments and less on advisory services.

Africa Rising Petrochem established

2020

Established to trade petroleum products to mining companies and other corporates.

Africa Rising Explosives established

2021

Established to partner with Sasol South Africa Limited and Enaex SA, a Chilean-based multinational conglomerate.

The Karen Gantsho Foundation established

2023

Created to invest more resources in basic education and access to drinking water in selected rural villages in South Africa.

AFRIS Community Development Company established

2023

An NPC established as an empowerment vehicle for select rural communities in partnership with the Karen Gantsho Foundation.

AFRIS Employee Empowerment Company established

2025

A new employee empowerment scheme was established to replace the 2014 vehicle that distributed all its reserves to employees during the COVID-19 pandemic.

Fund Management activities resumed

2026

Resumed to accelerate investments in our “Future” sectors of focus.