Milestones

Africa Rising Capital was established as a corporate and project finance advisory and investment holding firm and the first in the Africa Rising Group of Companies.

Afris Mining Holdings (AMH) partnered with Asia Minerals Limited (AML) to establish Kudumane Manganese Resources (KMR).

Africa Rising Empowerment Trust NPO was established as an empowerment vehicle for the employees of the Africa Rising Group of companies.

Afris Group established Africa Rising Petrochem (ARP), a petroleum trading associate company, and acquired a fuel wholesale trading licence.

Afris Group, through its explosives investment holding associate company Africa Rising Explosives, partnered with Sasol South Limited and Enaex SA, a Chilean-based multinational conglomerate.

Karen Gantsho Foundation Company was established to compliment the activities of Africa Rising Empowerment Trust.

After a Covid-19 induced pause, Afris resolved to resume its fund management activities and has completed the first of seven stages in the process