Financial Services

GroCapital Holdings

GroCapital Holdings is the bank holding company for the recently acquired South African Bank of Athens (SABA).

This banking license will deepen AGH’s reach in the financial services, agribusiness and foods sectors in South Africa. Financial services are a key enabler for these sectors and will help businesses grow and drive food security.

The South African Bank of Athens has been operational in South Africa since 1947. The bank offers comprehensive traditional business banking such as lending, transaction banking and treasury functions, as well as alliance, business and international banking. It is known for its focus on the development of market-leading, niche transactional banking offerings in partnership with businesses.

GroCapital Advisory Services

GroCapital Advisory Services offer advice on the full range of strategic transactions, comprising Mergers & Acquisitions, Capital Raising and BEE ownership transactions.

In addition, we provide our investment portfolio, of companies just outside the direct scope of AGH’s four strategic pillars, with a comprehensive advisory approach that draws from our strengths in providing strategic and tactical know-how, industry knowledge, and utilising our extensive food & agriculture network to strengthen our invested companies.

AFGRI Technology Services

We are bringing together the greatest minds, technology and products to build revolutionary solutions that will solve agriculture’s greatest challenges. We aim to be the catalyst of innovation and technology-enabled solutions to drive sustainable agricultural growth across the African and global agricultural value chain.

AFGRI Technology Services (ATS), part of AFGRI Group Holdings, was born of the desire to advance the development and implementation of agricultural technology solutions – solutions we believe will help ensure both the future of agriculture and enable food security, not just for Africa, but for the whole world too.

GroCapital Financial Services

GroCapital Financial Services is a leading provider of specialised financial services, customised to the unique needs of corporates involved in agriculture. An integrated approach to the customers market needs is followed, with profitability a priority. GroCapital aims to leave customers with the peace of mind to concentrate on their business. Products and service offerings include specialised and corporate finance (including structured working capital and capital expenditure funding, foreign exchange, trade finance, currency and interest rate hedging (Yield X), price risk management (SAFEX), and debt origination and restructuring.

Collateral Management International

Collateral has been used for hundreds of years to provide security against the possibility of payment default by the opposing party in trade. In the modern banking industry collateral is mostly used in over the counter (OTC) trades.

Collateral management has however evolved rapidly over the last 15–20 years with increasing use of new technologies, competitive pressures in the institutional finance industry, and heightened counterparty risk from the wide use of derivatives, securitisation of asset pools, and leverage. As a result, collateral management is now a very complex process with interrelated functions involving multiple parties. Collateral Management International Proprietary Limited (CMI) was established in 2008. The company is a 100% subsidiary of AFGRI Investments, operating independently from the ultimate holding company, AFGRI Group Holdings, with its own brand, systems, people and communication lines.

Strategic Pillars

  • Agriculture

    AFGRI is a leading agricultural services company with core competencies to enhance, support and guide the growth of agricultural enterprises.

    We provide services across the entire grain production and storage cycle, offering financial support and solutions as well as inputs and hi-tech equipment through the John Deere brand supported by a large retail footprint.

    Business Segments:

    Grain Management, Equipment, Farmer Finance & Insurance, Retail

    AFGRI International operates AFGRI Mauritius Holdings, a South African-based company which holds AFGRI Mauritius Investment Limited as well as the AFGRI related companies that operate in Australia. AFGRI Mauritius Investment Limited, is incorporated in Mauritius and holds the investee companies throughout Africa.

  • Food

    Philafrica is an investment company involved in food processing with a vision to unlock the potential of Africa’s high-potential agricultural lands through food processing.

    At Philafrica Foods, there is a belief that the most effective way to transform African agriculture is market pull through processing plants. But to do this well in Africa, it’s critical to support each stage of the value chain and care for all stakeholders.

    Business Segments:

    Cassava Processing, Grain Milling, Oil & Protein, Dog Food Production, Poultry Mozambique, Animal Feed Production

  • Financial Services

    GroCapital Holdings is the bank holding company for the recently acquired South African Bank of Athens (SABA).

    This banking license will deepen AGH’s reach in the financial services, agribusiness and foods sectors in South Africa. Financial services are a key enabler for these sectors and will help businesses grow and drive food security.

    The South African Bank of Athens has been operational in South Africa since 1947. The bank offers comprehensive traditional business banking such as lending, transaction banking and treasury functions, as well as alliance, business and international banking. It is known for its focus on the development of market-leading, niche transactional banking offerings in partnership with businesses.

    GroCapital Advisory Services offer advice on the full range of strategic transactions, comprising Mergers & Acquisitions, Capital Raising and BEE ownership transactions.

    In addition, we provide our investment portfolio, of companies just outside the direct scope of AGH’s four strategic pillars, with a comprehensive advisory approach that draws from our strengths in providing strategic and tactical know-how, industry knowledge, and utilising our extensive food & agriculture network to strengthen our invested companies.

    Investment Portfolio:

    AFGRI Technology Services, GroCapital Financial Services, CMI – Collateral Management International

  • Impact

    Harvest Time Investments
    Ukufeza Ikhono | Unlocking potential

    We understand that the perfect farm takes passion, dedication and sometimes just that little bit extra, and that’s why AGH is proud to support South Africa’s new-era farmers through our training and development programme, hosted within Harvest Time Investments.