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VenFin is a South African active private equity and venture capital investment company focusing on high growth investment opportunities. The company has assets in excess of $1.1 billion spanning the telecommunications, software, energy and media sectors. VenFin also has selected fund and direct investments in China.
Prior to 1 January 2006, VenFin was listed on the JSE Securities Exchange (JSE) with its largest investment being a 15% stake in Vodacom Group (Pty) Ltd, South Africa’s largest mobile network operator. [1] The group subsequently disposed of the Vodacom investment to Vodafone plc, and delisted from the JSE. [2] More recently, VenFin disposed of its 25% stake in Alexander Forbes, a leading South African insurance broker and financial services company, for just under $300 million. As of 2012 VenFin's largest investments are in global systems integrator Dimension Data plc, free to air television broadcaster e.tv and vehicle tracking provider Tracker. The company is actively making new investments across a number of sectors, including media, telecommunications, technology and renewable and alternate energy.
Telecommunications infrastructure in South Africa provides modern and efficient service to urban areas, including cellular and internet services. The Independent Communications Authority of South Africa (ICASA) is the watchdog of the telecommunications in the country.
SoftBank Group Corp. is a Japanese multinational investment holding company headquartered in Minato, Tokyo which focuses on investment management. The group primarily invests in companies operating in technology that offer goods and services to customers in a multitude of markets and industries ranging from the internet to automation. With over $100 billion in capital at its onset, SoftBank's Vision Fund is the world's largest technology-focused venture capital fund. Fund investors included sovereign wealth funds from countries in the Middle East.
Vodafone Group Plc is a British multinational telecommunications company. Its registered office and global headquarters are in Newbury, Berkshire, England. It predominantly operates services in Asia, Africa, Europe, and Oceania.
Liberty Global plc is a British-Dutch-American multinational telecommunications company with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty Global Plc, Liberty Global B.V. and Liberty Global, Inc., with the first of these being publicly traded. It was formed in 2005 by the merger of the international arm of Liberty Media and UnitedGlobalCom (UGC).
Vodacom Group Limited is a South African mobile communications company, providing voice, messaging, data and converged services to over 130 million customers across Africa. From its roots in South Africa, Vodacom has grown its operations to include networks in Tanzania, the Democratic Republic of the Congo, Mozambique, and Lesotho, and provides business services to customers in over 32 African countries, including Nigeria, Zambia, Angola, Kenya, Ghana, Côte d'Ivoire, and Cameroon.
Sir Julian Michael Horn-Smith is a British businessman who is a member of the boards of a number of international corporations and an advisor to others. He was deputy chief executive of Vodafone until July 2006.
Safaricom PLC is a listed Kenyan mobile network operator headquartered at Safaricom House in Nairobi, Kenya. It is the largest telecommunications provider in Kenya, and one of the most profitable companies in the East and Central Africa region. The company offers mobile telephony, mobile money transfer, consumer electronics, ecommerce, cloud computing, data, music streaming, and fibre optic services. It is most renowned as the home of M-PESA, a mobile banking SMS-based service.
Rostam Abdulrasul Azizi is a self-made Tanzanian billionaire, business magnate, economist and former politician. In 2013, according to Forbes Magazine he was the first Tanzanian dollar billionaire with a net worth of over 1 billion dollars, in 2023 he had amassed a net worth of 8.2 billion dollars. and according to Henley & Partners Africa wealth report 2022, and was only dollar billionaire in East Africa.
Vodafone Ghana, formerly Ghana Telecom, is the national telecommunications company of Ghana.
Vodacom Tanzania Limited is Tanzania's leading cellular network company. As of December 2020, Vodacom Tanzania had over 15.6 million customers and was the largest wireless telecommunications network in Tanzania. Vodacom Tanzania is the second telecom company in Africa, after Vodacom, to switch on its 3G High-Speed Downlink Packet Access (HSDPA) which was available only in Dar Es Salaam in early 2007.
Gateway Communications, also known as Gateway Carrier Services was a telecommunication business division. It was acquired by PCCW Global, a division of HKT Limited in 2012. HKT Limited itself was a subsidiary of PCCW. Gateway Global Communications owns one of the largest pan-African telecommunications networks, supplying Africa's foremost mobile operators and ISPs.
M-PESA is a mobile phone-based money transfer service, payments and micro-financing service, launched in 2007 by Vodafone and Safaricom, the largest mobile network operator in Kenya. It has since expanded to Tanzania, Mozambique, DRC, Lesotho, Ghana, Egypt, Afghanistan, South Africa and Ethiopia. The rollouts in India, Romania, and Albania were terminated amid low market uptake. M-PESA allows users to deposit, withdraw, transfer money, pay for goods and services, access credit and savings, all with a mobile device.
Indus Towers Limited is an Indian telecommunications infrastructure company offering passive infrastructure services to mobile network operators and other wireless services providers. Headquartered in Gurugram, Haryana, Indus Towers was incorporated in November 2007 by Bharti Infratel, Vodafone Essar, and Idea Cellular, to provide shared telecom infrastructure to telecom operators on a non-discriminatory basis.
Vodafone India was the Indian subsidiary of UK-based Vodafone Group and was a provider of telecommunications services in India with its operational head office in Mumbai.
Sanlam Kenya plc is an insurance, investment and retirement group based in Kenya.
Alexander Forbes Group Holdings, commonly referred to as Alexforbes is a diversified financial services organisation. The company is headquartered in Johannesburg, South Africa, with a presence in two other countries on the African continent: Namibia and Botswana and in the Channel Islands through an offshore Jersey operation.
Rand Merchant InvestmentHoldings, also referred to as RMI Holdings, is a listed financial services investment holding company that holds various insurance brands in South Africa, Australia, China, Mauritius, New Zealand, Republic of Ireland, Singapore, the United Kingdom and the United States of America.
Discovery Limited is a South Africa-based financial services group that is listed on the Johannesburg Stock Exchange (JSE) with its headquarters in Sandton.
Remgro Limited is an investment holding company based in Stellenbosch, South Africa. It has interests in banking, financial services, packaging, glass products, medical services, mining, petroleum, beverage, food and personal care products. In 2015, Forbes listed Remgro as the 9th biggest publicly traded company in South Africa and 1436th in the world.
Yolanda Zoleka Cuba is the Group Vice President Southern and East Africa Region at MTN Group, one of Africa's telecommunications companies.