Standard Bank Group

Vaalco Energy, Inc. is an independent energy company based in Houston, Texas, founded in 1985. The company is engaged in the acquisition, exploration, development, and production of crude oil and natural gas. Vaalco primarily operates in the Gabon segment, where it holds a production sharing contract for the Etame Marin block located offshore. In addition to its activities in Gabon, Vaalco has interests in an undeveloped block offshore Equatorial Guinea and operates in other regions including Egypt and Canada. The company's focus on crude oil production underscores its commitment to contributing to the energy sector.

CrossBoundary is a New York-based investment advisory firm established in 2011, specializing in frontier markets. It offers services such as capital raising, strategic advisory, due diligence, and market assessment to a diverse range of clients, including governments, development finance institutions, and private equity firms. In 2014, the firm founded CrossBoundary Energy, an investment firm based in Nairobi, Kenya, focusing on infrastructure investments, particularly solar power for African businesses. CrossBoundary Energy provides financing for distributed solar projects ranging from 100kW to 10MW, aiming to facilitate the transition from diesel to renewable energy generation.

Indorama Fertilizers operates a world-class, 1.4 million metric tonnes per annum urea manufacturing facility based in Port Harcourt, Nigeria. The plant has been developed to global environmental, social and construction standards. It plays a key role in supporting the agricultural sector in Nigeria by providing a reliable supply of fertilizers for local farmers, thereby enabling import substitution and supporting the diversification needs of the Nigerian economy. Indorama Fertilizers is also advantageously located to serve neighboring West African countries and key Western hemisphere markets, including North America, South America and Europe

Kenmare Resources plc is a mining company headquartered in Dublin, Ireland, with operations focused on producing mineral sands products. The company operates the Moma Titanium Minerals Mine located on the northern coast of Mozambique. Its primary products include ilmenite, zircon, and rutile, as well as various concentrates. These minerals are key raw materials used in the production of intermediate products that ultimately find their way into everyday items such as paints, plastics, and ceramic tiles. Kenmare is recognized as a major global supplier of these mineral sand products, serving customers across over 15 countries. As of December 31, 2019, the company had total proved and probable ore reserves of 1,584 million tons.

Emerging Africa Infrastructure Fund is a public-private partnership firm established in 2002 and headquartered in Ebene, Mauritius. It focuses on mobilizing capital from both public and private sources to provide long-term debt and mezzanine finance for infrastructure projects in sub-Saharan Africa. The firm primarily lends to projects that are owned, managed, and operated by private sector businesses, particularly in fragile states where traditional lenders are often hesitant to engage due to perceived risks. By financing the construction and development of essential infrastructure, the Emerging Africa Infrastructure Fund aims to foster growth and development in the region, enhancing the overall economic landscape. The fund is managed and advised by Investec Asset Management.

Perseus Mining Limited is an Australia-based gold mining company recognized for its successful exploration activities in West Africa. Established in 2004, Perseus transitioned from exploration to production with the commencement of commercial operations at its Edikan Gold Mine in Ghana in 2012. The company operates three majority-owned mines: Edikan, Sissingué, and Yaouré, producing approximately 510,000 ounces of gold in the fiscal year 2024. The Edikan mine holds significant gold resources, including measured, indicated, and inferred reserves. In addition to its existing operations, Perseus acquired the Meyas Sand gold project in Sudan in 2022 and the Nyanzaga gold project in Tanzania in fiscal 2024, although development at Meyas Sand is currently on hold due to regional instability. Perseus Mining is committed to enhancing shareholder returns through prudent investment strategies and aims to establish itself as a leading multi-mine gold producer in West Africa. The company's management team is experienced and focused on achieving growth through exploration and efficient operations.

Grit Real Estate Income Group Limited is a prominent pan-African real estate company focused on investing in and managing a diversified portfolio of real estate assets across selected African countries, including Botswana, Senegal, Morocco, Mozambique, Zambia, Kenya, Ghana, and Mauritius. The company aims to build a secure financial future for schools, employees, and non-profit organizations by unlocking potential throughout the continent, thereby creating sustainable jobs and anchoring communities. Grit's high-quality assets are supported by long-term leases predominantly denominated in US dollars and euros, backed by reputable multinational tenants across various robust property sectors. The company is committed to delivering strong and sustainable income for its shareholders, targeting an annual dividend yield of over 8.5% in USD and a total return on net asset value of over 12%.

Shoprite Holdings Limited is a leading retail company primarily engaged in food retailing across South Africa and various other African countries. The company operates through several segments, including Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It offers a diverse range of products, including groceries, clothing, general merchandise, cosmetics, liquor, furniture, bedding, home entertainment, and household appliances. Shoprite also distributes pharmaceutical products and surgical equipment to healthcare providers. As of mid-2020, the company operated 2,829 stores under various brands such as Shoprite, Checkers, Usave, and OK Foods, catering to consumers across different income levels. Higher-income consumers are targeted through Checkers and Checkers Hyper, while Shoprite Usave serves the lower-income market. Additionally, Shoprite provides services in ticketing, car rental, accommodation, and short-term insurance. Founded in 1979, the company is headquartered in Brackenfell, South Africa.

Metrofibre Networx (Pty) Ltd. is a managed bandwidth and internet service provider based in Midrand, South Africa, specializing in fiber optic broadband connectivity solutions. The company develops and operates fiber-to-the-premises access infrastructures that interconnect commercial business parks, residential estates, and suburbs within the Tshwane and Johannesburg areas. Its offerings include BusinessBroadband, designed for small to medium enterprises requiring reliable voice and data services, and FibreBroadband, which allows business DSL users to upgrade to a fiber connection. Metrofibre Networx also provides guaranteed bandwidth services, LANConnect for E-LAN connections, and MetroAccess, enabling service operators to connect off-net customers. Additional services comprise MetroLAN for multipoint Ethernet connections, InfiNetMetro for high-speed optical services, and various E-line and E-tree products for enhanced network connectivity. The company is focused on delivering versatile and scalable broadband solutions to meet the diverse needs of its clients, including internet service providers and residential property owners.

TradeSafe is an independent online financial escrow platform based in South Africa, specializing in secure transaction management between individuals and other parties. The company acts as a trusted third party, ensuring that buyer funds and documentation are safely held in trust until both parties are satisfied with the terms of the transaction. By providing a secure environment for financial exchanges, TradeSafe minimizes the risks of fraud and misrepresentation, thereby enhancing the overall safety and success of transactions. The platform effectively safeguards clients' funds, allowing users to engage in transactions with confidence.

Airports Company of South Africa Limited operates nine of South Africa’s airports. Its head office is in the Maples Office Park.

Payment24, established in 2014, is a technology company based in Cape Town, South Africa, with a global presence. It specializes in developing and operating a card and mobile payment platform, primarily focused on fleet fuel management. The company offers solutions for fleet fuel management, fleet card systems for oil companies, and auto dealerships. Its platform integrates with gas stations and vehicles, tracking employees and fuel consumption in real-time, and providing businesses with a comprehensive view of their fuelling transactions. This enables more efficient fleet management, reduces fuel fraud, and offers advanced payment options.

Helios Towers DRC is a leading provider of telecommunications infrastructure in Africa, specializing in the construction and maintenance of telecommunications towers. As the first independent tower company on the continent, Helios Towers DRC has developed a substantial network, boasting over 6,500 towers across multiple markets. The company offers passive infrastructure services, leasing tower space to wireless telecommunications service providers, thereby facilitating improved connectivity in one of the world's fastest-growing regions. By focusing on the building and maintenance of these vital structures, Helios Towers DRC plays a crucial role in enhancing telecommunications services throughout Africa.

Helios Towers Tanzania Ltd is a company based in Dar es Salaam, Tanzania, that specializes in the project planning, operation, management, and leasing of communication towers. The company provides co-location and build-to-suit services, catering to a range of wireless operators that utilize various technology platforms, including GSM, CDMA, WIMAX, as well as 2G, 3G, and 4G networks. As a subsidiary of Helios Towers Africa Limited, Helios Towers Tanzania plays a crucial role in enhancing telecommunications infrastructure in the region.

Emerging Africa Infrastructure Fund is a public-private partnership firm established in 2002 and headquartered in Ebene, Mauritius. It focuses on mobilizing capital from both public and private sources to provide long-term debt and mezzanine finance for infrastructure projects in sub-Saharan Africa. The firm primarily lends to projects that are owned, managed, and operated by private sector businesses, particularly in fragile states where traditional lenders are often hesitant to engage due to perceived risks. By financing the construction and development of essential infrastructure, the Emerging Africa Infrastructure Fund aims to foster growth and development in the region, enhancing the overall economic landscape. The fund is managed and advised by Investec Asset Management.