| C o m m u n i t y I n v e s t m
e n t V e n t u r e s |
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Dynamic Instruments (Pty) Ltd.
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Company History
Community Investment Ventures provides investors a fully empowered investment
vehicle providing an opportunity to participate in the next wave of growth in
the power, telecommunications and information technology sectors.
Community Investment Ventures was founded by a seasoned group of entrepreneurs
and technology industry veterans in order to help develop entrepreneurial
companies in South and sub-Saharan Africa. The evolution of Community Investment
Ventures into its current form was the result of consolidation of the assets of
New Gx Capital, Community Investment Ventures and the Rockit Fund. New Gx
Capital is a black owned and controlled private equity fund whose core focus is
the telecommunication and power sector. CommunityInvestment Ventures is a 100%
black-owned investment holding company with investments within the areas of
technology, logistics and health. The Rockit Fund was established in 1999, by a
group of entrepreneurs with extensive technology industry experience. The Fund
was a Venture Capital and Private Equity investor in technology companies.
Community Investment Ventures is fortunate enough to have the support of ABSA
Bank Ltd. ABSA was a founder of the Rockit Fund, the forerunner to Community
Investment Ventures and the relationship has continued after the transfer of
Rockit assets to Community Investment Ventures. ABSA are also the key financial
partner to New Gx Capital.
The management team within Community Investment Ventures prides itself on its
technology industry knowledge and experience. The team combines decades of
management experience within leading technology companies with a proven track
record in venture capital and private equity.
The group operates predominantly in South Africa and sub-Saharan Africa.
In 2008, Community Investment Ventures entered into a partnership with Venfin to
facilitate funding of the groups growth. Venfin now holds an effective 30% of
Community Investment Ventures' telecommunications, power and services
portfolios.
Board of Directors
Nicolaas Venter
Chief Executive Officer
Richard Came
Executive Director
Khudusela Pitje
Executive Director
Joe Madungandaba
Executive Director
Dr. Anna Mokgokong
Non-Executive Director |
Contact Details
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Telephone : |
+27 (11) 477 7665 |
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lFax : |
+27 (11) 477 4689 |
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Postal Address : |
P.O. Box 1720
Florida,
South Africa
1710 |
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