OUR CLIENTS & NOTABLE SUCCESSES

SA’s Domestic Rand-Denominated Al-Ijarah Sukuk (2023)

The first successfully issued sovereign Rand-denominated Al-Ijarah (lease-based) Sukuk on the African continent, executed through The RSA Domestic Sukuk Trustee (RF) Proprietary Limited as trustee of The RSA Domestic Sukuk Trust. Standard Bank, in partnership with Afris Capital, served as Joint Lead Managers alongside Bahrain Conventional Wholesale Bank — a landmark issuance for Islamic finance in South Africa and across the broader African market.

Platform Telco (2026)

Platform Telco is a leading South African investment firm focused on digital infrastructure and telecommunications, offering a robust, scalable alternative to traditional fibre broadband under a management team with a strong track record of scaling telecom businesses. In partnership with RMB, Afris invested in Platform Telco, securing a long-term asset poised for strong capital appreciation and sustainable income.

Eskom Global Medium Term Note (2018)

Eskom successfully priced a 10-year, dual-tranche global bond valued at US$1.5 billion under its US$4 billion Global Medium-Term Note Programme. The issuance was led by a consortium of joint mandated lead managers — Standard Bank, partnering with Afris Capital, Absa, Barclays, and JP Morgan, together with Quartile Capital and Dew Partners. Proceeds funded the completion of Eskom’s capital expansion programme.

Ikusasa Chemicals (2023)

Afris’s investment in Ikusasa Chemicals strengthens its position in the water infrastructure sector. Ikusasa is a key supplier of water treatment chemicals to organisations including Sasol, NECSA, Umgeni Water, and the City of Cape Town, and designs, builds, and operates packaged water treatment plants — backed by South Africa’s first membrane manufacturing facility