African Minerals Exploration & Development Fund SICAR SA

African Minerals Exploration & Development Fund SICAR SA is a private equity firm focused on developing mineral projects in Africa. It prefers to invest in brownfield projects that have the prospect to become world-class deposits, projects that demonstrate the potential to have lower-quartile production costs, and minerals that have a large end-market and an extensive array of applications. The firm considers investing in assets at any point prior to a pre-feasibility study. It does not currently invest in Somalia, Angola, Zimbabwe, Mali, and certain North African countries. It seeks to invest in both private and publically listed companies in the mineral exploration and development projects and platinum. The firm typically invests in sub-Saharan Africa with a focus on Namibia, Botswana, South Africa, Mozambique, and Liberia, amongst others including politically stable countries with reliable mining regulatory framework and title law. Under the right conditions the firm may also invest in Nigeria, DRC, and Eritrea. For future funding it may invest in the form of warrants and/or options. It seeks to take a board seat and seeks a significant minority or majority ownership of projects. African Minerals Exploration & Development Fund SICAR SA is based in Luxembourg with additional offices in London, United Kingdom and Johannesburg, South Africa.