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1K Africa and Crossfin Acquire Leading Multinational Enterprise Software Company, Sybrin, for R410 Million | Business Wire

Acquisition positions Sybrin for global expansion into FinTech and RegTech marketsRead more

Philanthropy or investment?

What's the best way to spread this wealth? Some - like billionaire philanthropist Bill Gates - believe the best way to help Africa's poorest people is for the super-rich to share their wealth through charitable donations. Dr...

With plenty of money and time, family offices eye risky markets

With deep pockets and long time horizons, and perhaps even a desire to do good, some of the world’s wealthiest families are investing in risky African and other frontier markets. Family offices, which manage assets on behalf...

Wealthy families plan investments in Africa

1K Africa, a private equity scheme backed by "influential families" from around the world, established its Johannesburg office last week and is poised to invest $300m across various sectors in South Africa and sub-Saharan Africa.The movement, which...

Coors-Led African Private Equity Fund Opens Johannesburg Office

1K Africa, a private-equity fund started by the great grandson of the founder of Coors Brewing Co., said it’s opening a Johannesburg office after hiring three former Standard Bank Group Ltd. employees. Navaid Burney, who was chief...

1K Africa opens in South Africa

The newly-formed group, which helps wealthy families make impact investments, has assembled an experienced team for its first African office. 1K Africa, a movement of influential families which launched at the World Economic Forum on Africa in...

Africa-Focused Buyout Fund Opens Doors

New firm backed by brewing scion John Coors will target investments to reduce poverty across region A private equity firm led by brewing scion John Coors has opened its first office, focusing on African investments.1K Africa has...

Uplifting A Continent

The tipping point for John K. Coors came one evening in a Kenya farming community two years ago. The great-grandson of Adolph Coors, founder of Coors Brewing Co., had recently established the Children of Hope Home to...

‘Africapitalism’ promises new model of African self-empowerment

Continent's investors increasingly drawn to development model based on using private-sector investment to stimulate growth. For investors seeking profits, Africa is impossible to ignore. Sub-Saharan Africa has six of the world's 10 fastest-growing economies over the past decade; glossy...