Mineworkers Investment Company

Public data, unclaimed profile

South African investment company, 100% black-owned. Co-investor in the Actis-led consortium that acquired Swiftnet (completed March 2025). Detailed thesis not captured: directory-only profile, outside matching.

At a glance

Based on observed investment behaviour: 1 recorded deal

Investor type: Private equity or venture capital fund (inferred, not verified)
Capital type: Private equity (inferred from profile)
Observed ticket: 355 M$, median 355 M$ (1 disclosed amount)
Countries: South Africa (1)
Activities: Telecom towers and fibre (1)
Instruments: Equity (1)
Stages: Growth (1)
Recent activity: 0 deal in 12 months, latest Mar 2025

Stated thesis versus observed behaviour

Fewer than three recorded deals: insufficient evidence to compare thesis and behaviour.

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Investment thesis

Criteria inferred from recorded deals: the fund has not stated its thesis yet.

Investment ticket: n/a
Instruments: Equity*
Preferred sectors: Telecoms & digital infrastructure*
Target geographies: South Africa*
Stages (stated by the fund and from its deals): Growth

Reference deals

Recent public deals: they say better than a thesis what the fund actually signs.

Swiftnet

March 2025 · South Africa

Growth355 M$EquityTelecoms & digital infrastructureCo-Invest

Co-investor alongside Actis

Activity : Telecom towers and fibre

Announced March 2024, completed March 2025 — 12 months from announcement to closing

Instrument : Acquisition of 100% (Actis 70%) — enterprise value ZAR 6.75bn, ≈ USD 355m at announcement, ≈ USD 370m at completion

South Africa's leading telecom tower portfolio: over 4,000 sites, 100% sold by Telkom, with long-term contracted revenue from Telkom and other anchor tenants.

Why they invested

Create a leading independent tower platform in South Africa
Tower densification, rural coverage and the 3G/4G-to-5G transition
Long-term contracted revenue from anchor tenants
Actis' ninth digital infrastructure investment (over USD 1.5bn committed to the sector)

Co-investors Royal Bafokeng Holdings

Source : act.isN1 · Primary source

In short

Mineworkers Investment Company invests across the following sectors: Telecoms & digital infrastructure, in the following areas: South Africa. Check in 30 seconds whether your company fits these criteria.

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