British International Investment

ACWA Power International is a company specializing in the development, investment, co-ownership, and operation of power generation and desalinated water production facilities. Founded in 2004 and headquartered in Riyadh, Saudi Arabia, it manages a diverse portfolio that includes thermal, solar photovoltaic, solar concentrated solar power, and wind energy projects. Additionally, ACWA Power provides operations and maintenance services specifically for the power generation and water desalination sectors. The company has a significant regional presence, with operations in various countries, including Saudi Arabia, Oman, the United Arab Emirates, Jordan, Morocco, South Africa, Turkey, Vietnam, Mozambique, and Egypt. As a subsidiary of ACWA Holding Company, ACWA Power plays a crucial role in addressing energy and water needs across its operational territories.

Etana Energy is an electricity trader focused on distributing electricity generated from renewable sources, specifically solar and wind projects, to various businesses. The company aims to address the substantial power needs across South Africa by providing low-carbon electricity solutions. It offers competitive pricing, forward price certainty, and flexible contract terms, catering to municipal, industrial, and retail customers. Through its services, Etana Energy contributes to the transition towards sustainable energy while ensuring reliable power supply.

Ecobank Transnational Incorporated (ETI), a public limited liability company under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

Zambia National Commercial Bank Plc, founded in 1969 and headquartered in Lusaka, provides a comprehensive range of retail and commercial banking services across Zambia. The bank operates through three primary segments: Retail Banking, Corporate Banking, and Treasury Management. It offers various account types, including savings, current, and fixed deposit accounts, alongside personal and term loans, trade financing, and mortgages. Additionally, Zambia National Commercial Bank provides debit and credit cards, digital banking solutions, and cash management services. Its clientele includes individuals, small and medium-sized enterprises, large corporations, government entities, and the agricultural sector. With a network of 69 branches, around 200 automated teller machines, and 2,000 point-of-sale terminals, the bank aims to meet the diverse financial needs of the Zambian economy.

Scatec ASA is an integrated independent solar power producer based in Oslo, Norway. Founded in 2007, the company specializes in the design, development, financing, engineering, procurement, construction management, ownership, operation, and maintenance of solar photovoltaic power plants. Scatec operates through three segments: Power Production, Services, and Development and Construction. With a portfolio of 1.9 GW in operation and under construction, Scatec's projects are located in various countries, including Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa, and Ukraine. The company aims to deliver affordable and sustainable clean energy solutions globally. Scatec changed its name from Scatec Solar ASA in November 2020 to reflect its broader focus and capabilities in the renewable energy sector.

Lona is a manufacturer and exporter of citrus products based in Cape Town, South Africa. The company specializes in a diverse range of agricultural products, including grapefruit, mangoes, grapes, pears, plums, avocados, pomegranates, lemons, and oranges, as well as various vegetables. Through its operations, Lona aims to deliver high-quality produce to international markets, leveraging South Africa's favorable climate for citrus cultivation.

Ecobank Transnational Incorporated (ETI), a public limited liability company under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.

Liquid Intelligent Technologies is an independent data, voice, and IP provider focused on building a digital future for Africa. Founded in 2004 and headquartered in Ebène, Plaines Wilhems, the company has developed an extensive fiber network that spans over 18,000 kilometers across several African countries, including Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, the Democratic Republic of Congo, Lesotho, and South Africa. Liquid Intelligent Technologies offers a variety of services such as broadband, leased lines, private networks, telecommunications connectivity, and web hosting. These services are designed to support both public and private sector enterprises in enhancing their digital experiences and navigating their digital journeys effectively.

Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.

Mettle Investments Limited is a specialist financial services company based in Bellville, South Africa, established in 1995. The company focuses on the lending business, offering a variety of financial solutions including asset-backed short-term lending, debtor finance, working capital finance, corporate finance, incremental housing finance, factoring, and invoice discounting. Mettle serves a diverse clientele, which includes international corporations, small and medium enterprises, and individual clients. In addition to its lending services, the company is involved in the solar energy and fintech sectors, highlighting its commitment to innovation and the development of specialised financial solutions.

Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.

FirstRand Bank, established in 1998, is a prominent financial services provider based in Sandton, South Africa. It offers a wide range of banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers, both domestically and across various African countries. The company operates through several divisions, including First National Bank (FNB) for retail and commercial banking, Rand Merchant Bank (RMB) for corporate and investment banking, WesBank for installment finance, and Ashburton Investments for investment management. Its services span deposit products, loans, credit facilities, investment products, transactional services, insurance, advisory services, and wealth management, catering to a diverse client base that includes consumers, small businesses, medium corporates, parastatals, government entities, and the agricultural sector.

Absa is a prominent financial services group based in Johannesburg, South Africa, offering a comprehensive range of banking and financial products tailored to meet the needs of personal, commercial, and corporate customers. The bank provides personal banking services, including savings and current accounts, credit cards, home loans, and various investment products, along with electronic banking solutions. For business and corporate clients, Absa delivers services such as commercial property finance, asset finance, term loans, and trade products, as well as specialized solutions for sectors like agriculture, tourism, and public services. Established in 1991, Absa strives to address local challenges through its diverse offerings in retail, business, corporate, investment, and wealth banking, alongside insurance services.

ACWA Power International is a company specializing in the development, investment, co-ownership, and operation of power generation and desalinated water production facilities. Founded in 2004 and headquartered in Riyadh, Saudi Arabia, it manages a diverse portfolio that includes thermal, solar photovoltaic, solar concentrated solar power, and wind energy projects. Additionally, ACWA Power provides operations and maintenance services specifically for the power generation and water desalination sectors. The company has a significant regional presence, with operations in various countries, including Saudi Arabia, Oman, the United Arab Emirates, Jordan, Morocco, South Africa, Turkey, Vietnam, Mozambique, and Egypt. As a subsidiary of ACWA Holding Company, ACWA Power plays a crucial role in addressing energy and water needs across its operational territories.

Liquid Intelligent Technologies is an independent data, voice, and IP provider focused on building a digital future for Africa. Founded in 2004 and headquartered in Ebène, Plaines Wilhems, the company has developed an extensive fiber network that spans over 18,000 kilometers across several African countries, including Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, the Democratic Republic of Congo, Lesotho, and South Africa. Liquid Intelligent Technologies offers a variety of services such as broadband, leased lines, private networks, telecommunications connectivity, and web hosting. These services are designed to support both public and private sector enterprises in enhancing their digital experiences and navigating their digital journeys effectively.

ARM Cement PLC is a Kenya-based manufacturer of cement, operating primarily in Kenya, Tanzania, South Africa, and Rwanda. Founded in 1974 and formerly known as Athi River Mining Limited, the company changed its name in 2012. ARM Cement is organized into two main segments: Cement and Lime, and Other Products. It produces a variety of cement types, including tiling cement, composite cement, portland cement, and clinker, and sells these products under the Rhino brand. In addition to cement, the company is involved in the mining and processing of industrial minerals and chemicals, the trading of other building products, and the manufacture and sale of fertilizers under the Mavuno brand. The majority of ARM Cement's revenue is generated from its operations in Kenya.

Kamponji Enterprises Limited (KEL) is one of Malawi’s poultry companies. Established in 2013, the Limbe-based company produces, distributes and retails table eggs, broiler day-old chicks and animal feed across Malawi.

FirstRand Bank, established in 1998, is a prominent financial services provider based in Sandton, South Africa. It offers a wide range of banking, insurance, and investment products and services to retail, commercial, corporate, and public sector customers, both domestically and across various African countries. The company operates through several divisions, including First National Bank (FNB) for retail and commercial banking, Rand Merchant Bank (RMB) for corporate and investment banking, WesBank for installment finance, and Ashburton Investments for investment management. Its services span deposit products, loans, credit facilities, investment products, transactional services, insurance, advisory services, and wealth management, catering to a diverse client base that includes consumers, small businesses, medium corporates, parastatals, government entities, and the agricultural sector.

Zambeef Products PLC is the largest integrated food processing and retailing company in Zambia, involved in the production, processing, distribution, and retailing of a wide range of food products, including beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. The company also engages in row cropping operations, primarily focused on maize, soya beans, and wheat, utilizing approximately 7,973 hectares of irrigated land and 8,776 hectares of rain-fed crops. In addition to its agricultural activities, Zambeef operates 226 retail outlets across Zambia and West Africa, providing a variety of food and non-food products. The company is also engaged in chicken breeding and the production and sale of leather and meat products. Incorporated in 1994 and headquartered in Lusaka, Zambia, Zambeef plays a significant role in the region's food supply chain.

ARM Cement PLC is a Kenya-based manufacturer of cement, operating primarily in Kenya, Tanzania, South Africa, and Rwanda. Founded in 1974 and formerly known as Athi River Mining Limited, the company changed its name in 2012. ARM Cement is organized into two main segments: Cement and Lime, and Other Products. It produces a variety of cement types, including tiling cement, composite cement, portland cement, and clinker, and sells these products under the Rhino brand. In addition to cement, the company is involved in the mining and processing of industrial minerals and chemicals, the trading of other building products, and the manufacture and sale of fertilizers under the Mavuno brand. The majority of ARM Cement's revenue is generated from its operations in Kenya.

CRDB Bank Plc is a prominent financial institution operating in the United Republic of Tanzania and the Republic of Burundi, offering a wide range of banking services to individuals, small and medium enterprises (SMEs), corporate clients, and high net worth individuals. Founded in 1996 and headquartered in Dar es Salaam, the bank provides various retail banking products, including multi-currency accounts, personal and SME loans, and general insurance services. In addition, CRDB Bank facilitates corporate banking services such as trade finance, project finance, and cash management. The bank also emphasizes treasury services and digital banking, including mobile and internet banking solutions. With a robust network of branches, automated teller machines, point of sale terminals, and microfinance partners, CRDB Bank aims to meet the diverse financial needs of its customers effectively.

INT Towers Limited owns and operates over 9,100 telecoms towers across seven regions in Nigeria. It is a wholly owned subsidiary of the IHS Towers Group – the largest independent tower operator in Africa – which has a presence in Nigeria, Cameroon, Cote d’Ivoire, Rwanda and Zambia.

Grindrod is a logistics company based in South Africa, operating in 32 countries and employing over 5,500 skilled professionals. The company focuses on creating sustainable returns and long-term value for its shareholders through its three main divisions: Freight Services, Shipping, and Financial Services. Grindrod offers a comprehensive range of solutions, including terminal operations, port management, rail logistics, maritime transport, and project logistics. Its Freight Services division specializes in handling dry-bulk commodities along key trade corridors in South Africa, Mozambique, and Namibia, while its Logistics segment provides services such as ships agency, clearing and forwarding, and container handling. By investing in assets and opportunities, particularly in sectors like oil and gas, dry bulk, and containerized cargo, Grindrod aims to become a fully integrated freight logistics and shipping service provider.

Standard Bank Group is a leading commercial bank headquartered in Johannesburg, South Africa, with a rich history dating back to 1862. It operates extensively across 18 African countries and in select emerging markets globally. The bank is structured into various segments, including Personal and Business Banking, Corporate and Investment Banking, and Treasury and Capital Management. It provides a wide range of financial services, such as transactional banking, savings, lending, investment, and insurance. Personal and business banking offerings include current accounts, savings products, loans, and electronic banking services for individuals and small to medium enterprises. The corporate and investment banking segment caters to governments, larger corporations, and financial institutions, offering services in foreign exchange, commodities, trade finance, project finance, and wealth management. Standard Bank Group leverages its deep knowledge of emerging markets to deliver tailored financial solutions to its diverse clientele.

Feronia is an agribusiness based in Vancouver, Canada, operating in the Democratic Republic of the Congo. The company produces crude palm oil and palm kernel oil from three oil palm plantations, the first of which was established in 1911. Following its acquisition of the palm oil business in 2009, Feronia focused on revitalizing these plantations, which were on the verge of extinction, through significant investment and development efforts. The company aims to contribute to the local economy and secure a sustainable future for its operations, supplying palm oil primarily for the domestic market. In addition to palm oil production, Feronia also engages in arable farming, further supporting its agricultural initiatives in the region.

Foresythe Farm runs a breeding herd of circa 5,400 cattle in Zambia.