Motsepe owns an indirect 27-percent stake in African Rainbow Capital Investments.
African Rainbow Capital
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Motsepe, South Africa’s richest black person, owns a 27-percent stake in African Rainbow Capital Investments.Â
- Southern Africa
South African billionaire Patrice Motsepe’s ARC acquires minority stake in GoSolr, boosting solar energy push
With this latest acquisition, ARC reinforces its commitment to building a greener future.
- Hot News
Tymebank breaks new ground with 6.2 million customers thanks to Patrice Motsepe’s ARC support
TymeBank is owned in part by ARC Financial Services Holding, a Black-owned and -controlled company linked to Motsepe.
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ARC Financial Services Holding, a company founded by Motsepe, owns a stake in TymeBank.
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Patrice Motsepe’s African Rainbow Capital sets aside $24.7 million for aggressive expansion into fintech space
by Ishioma Emiby Ishioma EmiThe investment company has entered negotiations to add a fintech conglomerate to the group.
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The deal would create one of South Africa’s biggest lenders.