SOUTH AFRICAN AND DUTCH BILLIONAIRES START AFRICAN INVESTMENT ALLIANCE
Dutch entrepreneur Marcel Boekhoorn and South African investor-philanthropist Dr Iqbal Survé today announced a joint investment in a South African gold reclamation project. The investment will see significant amounts of gold being reclaimed from mining dumps using state of the art technology, resulting in both the creation of jobs and foreign currency earnings for the South African economy.
Mr Boekhoorn is one of Europe’s most successful investors with a long track record of exceptional returns, making him one of the wealthiest persons in the Netherlands.
Mr Boekhoorn’s holding company, Ramphastos Investments, comprises a wide array of business interests ranging from cutting edge technology (voice biometrics, digital antenna’s, de-compostable coffee cups, aviation glass) to private equity and real estate. His most prized real estate asset is the High Tech Campus Eindhoven, often dubbed the most intelligent square mile in the Netherlands.
“Partnering with Dr Iqbal Survé, a well-respected and highly reputable industrialist enables us to bring novel technology to the country while capitalizing on Dr Survé’s knowledge and network”, said Mr Boekhoorn.
Dr Iqbal Survé is a South African billionaire philanthropist and technology investor, Executive Chairman of Sekunjalo Group and Executive Chairman of Independent Media.
Dr Survé emphasized that he expects to report more joint investments with Mr Boekhoorn in the months to come. He concluded that Mr Boekhoorn’s focus on sustainable, impact projects is aligned with some of the objectives of the R500m Sekunjalo Impact Fund, which was launched on 9 February 2017. Two key areas of the Impact Fund are sustainability as well as technologies.
Unique about the gold project announced today is the fact that the two businessmen invested without ever having seen each other, both merely relying on on the ground staff’s recommendations. Both entrepreneurs are committed towards a long-term partnership with joint teams already vetting follow-on transactions.
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