Who is African Pioneer Group?
The African Pioneer Group was founded in 1990 as a black-owned business and has grown exceptionally over the last three decades. The Group has vast experience in initiating, developing, and maintaining strong and profitable relationships with business partners and associates implementing innovative strategies based on operational excellence, cost reduction, capital stewardship and profitable growth. Today, African Pioneer Group are a diversified investment holding company with investments in a wide variety of sectors. African Pioneer Group pride himself as being an established black industrialist focused on building significant or controlling interests in the Food & Beverages, Fishing, Leisure & Gaming and Energy sectors.
The African Pioneer Group has a diverse portfolio of passive and active investments.
Passive investments include businesses where the Group holds shares without operational contribution, such as Coca Cola Beverages South Africa and Woodlands Dairy. These companies have:
Clearly defined vision for its future.
Strong capital base and market position.
Reliable and capable management.
Profitability and excellent returns.
Active Investments are investments with substantial operating activities where the Group contributes knowledge and expertise to create value in the associated companies. In this, the Group ensures hands-on control of the investments.
One of the African Pioneer Group’s objectives is for management to continually identify investment opportunities, which will add value to the group, through prudent and strategic investment in well-managed businesses, listed or unlisted, which offer capital growth and competitive returns. This is reinforced by the management team continually monitoring the overall market, thereby securing lucrative investment opportunities.
———-
Standard Bank is pleased to announce that it has provided an R800m funding solution for African Pioneer Group, a leading black owned and managed diversified investment holding company in South Africa.
African Pioneer Group (“APG”) is an established black owned and managed industrialist firm focused on building significant or controlling interests in the Food & Beverages, Fishing, Leisure & Gaming, Renewable Energy and Petroleum sectors, founded in 1990 by a group of entrepreneurs based in Eastern Cape.
APG has been built on finding opportunities where strategic intervention through driving revenue growth, containing costs, and developing people results in further value creation for the benefit of all its stakeholders. The Group strives to utilise its resources and its market position to advance the cause of a better quality of life for all its people through economic advancement and empowerment evidenced by its large community-based shareholders.
The funding solution provided by Standard Bank’s Structured Capital team is anticipated to provide APG with the financial flexibility to pursue their strategic imperatives, explore new markets, expand its investment reach, and strengthen its competitive position as an allocator of private capital.
“We are honoured to have been trusted by African Pioneer Group to partner with them on their ambitious growth trajectory. The partnership with African Pioneer Group is aligned with the bank’s strategy of providing our clients with holistic funding solutions that drive meaningful and sustainable economic development”, Tyson Sithole, Executive Structured Capital Investment Banking
Statement from African Pioneer Group on the funding partnership with Standard Bank: “The facility, being pre-approved and available to draw at short notice offers a number of benefits regarding APG’s ability to respond to its growing deal pipeline; negotiation power, quick execution as well as giving management full control over the investment decisions by giving them flexibility to allocate funds across various investment opportunities in terms of APG’s strategic goals and risk tolerance”, David Ngobeni, Group Chief Operations Officer, African Pioneer Group.
Source: https://africanpioneergroup.co.za/about-us/
https://corporateandinvestment.standardbank.com/
Credit photo : Nadine Venter
