The power of women.
We work to strengthen the wealth-creating capacity of our members & promote economic development within the entrepreneurial community
AFRICAN-WIB propels women entrepreneurs into economic, social and political spheres of power worldwide by:
- Strengthening the wealth creating capacity of our members and promoting economic development within the entrepreneurial community
- Creating innovative and effective change in the business culture
- Building strategic alliances, coalitions and affiliations
- Transforming public policy and influencing opinion makers
- Transformational Empowerment – we seek to promote economic empowerment and wealth creation for African women through diligent selection of and assiduous shareholder activism within African assets. We seek downstream women participation opportunities in the related value chains and distribution channels of all our investments.
- Capital Preservation Focus – we are resolute in maintaining strong investment underwriting to ensure that we protect the downside of all investments we look after. This is further anchored through our pursuit of asset backed or asset intensive investment opportunities.
- Yield Maximization – we relentlessly pursue the attainment of return maximization for a given set of risk constraints throughout the investment and economic cycles, taking into account the investment risk constraints of safety and liquidity needs.
- Liquidity – the investment portfolio shall remain sufficiently liquid to meet all operating requirements that may be reasonably anticipated
The strategic asset allocation (“SAA”) of AWIBI is as follows:
- Private equity provides the greatest opportunity for the development of downstream women participation opportunities in the related value chains and distribution channels of all our investments
- Investment into listed equity, listed bonds and cash instruments facilitates the company’s liquidity requirements whilst meeting our return baseline requirements
Each asset class detailed in our asset allocation strategy has unique characteristics, which must be considered in aligning the investment strategy with AWIBI objectives and risk appetite. Objective attributes including Capital Appreciation potential, Capital Preservation potential and Income Generation potential provide a basis for mapping an investment objectives across asset classes.
- Water Infrastructure
- Energy AND Renewable Energy
- Mining and Beneficiation
- Transport and Logistics
- Agriculture and Agro-processing
- Information and Communications Technology
- Manufacturing and Processing
Further to this, qualifying companies must have the following attributes:
- The company must have a strong management team
- The company must be scalable and capable of delivering profit within a three-year period.
- Investments will be of between R1 000 000 (one million rand) and R400 000 000 (four hundred million rand). A maximum of 20% of the share capital will be invested in any one investment.
- Investments must be in full alignment with our investment philosophy pillars
- Primary: Permissible investments must be asset-backed by property, plant and equipment, or other financial assets that are capable of providing collateral cover
- Secondary: Permissible investments with significant synergies to the above Infrastructure and natural resources sectors.
- Country Diversification: Permissible investments must be capable of being rolled out in multiple countries in order to diversify country risk, particularly with respect to distribution channel components
- Sector Diversification: Sector concentration risk will be continually monitored to ensure exposure limits are not broached.
|SECTOR AND COUNTRY||OPPORTUNITY||CO-FINANCIERS||AFRICAN-WIB INVESTMENT||INVESTMENT HIGHLIGHTS||RISK MITIGANTS|
|1. Agriculture, South Africa and Mauritania||Samaki is an US$80m aquaculture, fish production and processing project. The project involves an aquaculture farm and chilling, freezing and canning processing facilities based in Nouadhibou Mauritania (90% of project cost) and a kosher wet fish and breading facility in South Africa (10% of project cost)||Africa Development Bank|
Quality off takes
Asset backed via Property, Plant
|2. Agriculture, South Africa and Lesotho||Grow Culture is a South Africa and Lesotho company in the medical cannabis sector, holding an 85% share of Medi-Link in Lesotho and a 51% share of Medical Cannabis Pty Limited in South Africa. The Group is licensed to to cultivate, manufacture, supply, hold, import, export and transport Cannabis and its resin in Lesotho and South Africa and holds specialist skills in this regard||Cityvest ||R44m||IRR 112%|
Asset backed via Property, Plant and Equipment
|3. Telecoms, South Africa||Aetos Communications is a telecoms towers builder,|
owner and lessor holding a 50% stake in Ndzalama Towers. It further holds an 8% stake in a Mobile Virtual Network Enabler and bidder into the Wireless Open Access Network
Asset backed via Property, Plant and Equipment
- African Women In Business Investments Limited (“AWIBI”) shares are available at R100 (One Hundred Rand per share)
- The minimum subscription is for R1000 (One Thousand Rand) being ten AWIBI shares
- Shares are freely tradeable, as AWIBI is a public unlisted company, in the secondary market.