AFGRI Group Holdings’ investment philosophy is to create long-term value through targeted investments in four strategic pillars: agriculture, food, financial services and impact.
In support of the vision to contribute to sustainable food security, a full spectrum of investments forms the base of our group which ensures food producers, farmers and companies involved in agriculture have access to finance, insurance, storage, equipment and inputs, feeds, retail, processing of oils and grains, technology and sustainable farmer development.
AFGRI Group Holdings exists to enhance the sustainable competitive position and growth potential of its business investments and is set to expand, all the while, with the fundamental purpose of being an enabler to food security across the continent.
Besides the value-adding intervention in its operating companies, which defines the group’s business model, AFGRI Group Holdings leadership sets the policies, approval frameworks and related oversight processes that promote governance, transparency, disclosure and communication.
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 and Insurance, Retail and New-era Farmer Development
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.
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 and Protein, Dog Food Production, Poultry Mozambique, Animal Feed Production, Snack Manufacturing, Bakery and Mussel Farming and Processing
GroCapital Holdings is the bank holding company. Through the acquisition of the South African Bank of Athens (SABA), the banking license deepened AFGRI Group Holdings’ reach in the financial services, agribusiness and foods sectors in South Africa. SABA was renamed Grobank which has evolve an offering taking advantage of shared knowledge of business banking and the food and agriculture industry to focus on the holistic food and agricultural value chain, from seed to service.
Grobank operates as a commercial specialist across every area of this value chain, whilst also offering an expanding range of capabilities and services to businesses outside of this sector. The food and business offering, coupled with continuous leadership in the alliance banking market as well as Grobank’s service-driven attitude to banking means a bank that truly does offer something that will change the lives of customers and stakeholders.
AFGRI Group Holdings believes in the notion of creating social value while simultaneously creating financial value. The company invests various resources (money, equipment, volunteering time) in a variety of community initiatives in the areas that it operates with the aim of stimulating and supporting social and economic upliftment.
The Group’s focus areas in creating social value are in the following sectors:
We continue to support and partner with community projects that are sustainable, impact driven and empower communities that are within 50km radius of the Group’s operations throughout South Africa.
AFGRI Group Holdings, through its invested companies, operates in some African countries as well as Western Australia, in which we’re making a meaningful contribution to food and agriculture and the grain value chain.
Whether through storage and post-harvest solutions, credit and other financial products, emerging training and mentoring, John Deere equipment, commodity marketing, collateral management or industrial food processing.
While operating as a private company in an unlisted environment would typically accommodate less stringent oversight, AGH deems it prudent to maintain the high level of corporate governance expected of a public company.
The Executive Team is responsible for defining and achieving the business objectives, the strategy and the profit performance. It is also responsible for ensuring compliance with all the relevant laws and regulations, controlling the risks connected with the business activities of its investments and financing these activities.
In carrying out its responsibilities, the Executive Team acts in both the interests of its own organisation and of its investments. The Executive Team renders accountability to the Board of AFGRI Holdings.
Chief Executive Officer
Acting Group Chief Financial Officer
Group Legal Director
Group Chief Operating Officer
Executive Director: Stakeholder Management
Executive Director
Chairman of Board, Chairman of Investment Committee, Chairman of Directors Affairs Committee
Chairman of Audit, Risk and Credit Committee
Chairman of Social and Ethics Committee
Chairman of Remunerations Committee
Non-Executive Director
Non-Executive Director
Non-Executive Director
Non-Executive Director
Executive Director, Group CEO
