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.

Investment thesis

Investment ticket: — – —
Instruments: —
Preferred sectors: —
Target geographies: —
Stages (based on reference deals): Growth

Reference deals

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

Swiftnet

March 2025 · Afrique du Sud

Growth355 M$EquityInfrastructureCo-Invest

Co-investor alongside Actis

Activity : Telecoms and data centres

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.is

In short

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