Aim-listed Kropz, which operates the Elandsfontein phosphate mine, in South Africa, has secured a R250-million loan facility from the African Rainbow Capital (ARC) Fund to meet the immediate and additional near-term funding requirements at Elandsfontein as it progresses commercial sales, as…
SE-listed investment holding company African Rainbow Capital (ARC) increased its intrinsic net asset value by 15.8% year-on-year to R15.3-billion for the financial year ended June 30, while its net asset value a share increased by 13.4% to R11.41 a share.…
Investment holding company African Rainbow Capital (ARC) has acquired a minority interest in GoSolr – a residential solar energy company in South Africa – for an undisclosed amount. GoSolr was founded in 2021 and began with installations in Cape Town,…
Aim-listed emerging African phosphate producer and developer Kropz has entered into a new conditional convertible equity facility of up to R550-million – about $31.6-million – with major shareholder African Rainbow Capital (ARC) Fund to progress the ramp-up of operations at…
JSE-listed African Rainbow Capital (ARC) Investments has reported good performances and progress across its portfolio of investments in South Africa in the first quarter of this year. ARC Investments’ only asset is the ARC Fund, which has interests in various…
Aim-listed Kropz on June 2 received approval from the South African Reserve Bank for a R177-million equity facility with African Rainbow Capital (ARC) Fund. In May, the emerging African phosphate explorer and developer announced that it had entered into a…
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