The alliance was formed to look at investments on the African continent.
EmpowerGroup is a privately held investment firm located in Johannesburg, South Africa. They have made a variety of successful strategic investments in companies listed on the Johannesburg Stock Exchange JSE. They have also invested in highly successful private companies which operate in the Mining, Property Development, Financial Services and ICT sectors. EmpowerGroup, due to the nature of its shareholding, also meets the requirements of the South Africa's laws on Black Economic Empowerment which provide significant economic advantages.