African Lion is an early stage equity investors in resource companies that have advanced exploration through to operating mines in Africa.
Commodity focus is on precious metals, base metals, industrial minerals and bulk commodities. Oil and gas investment is not undertaken by African Lion.
AFL, established in 1999, finished active investment in 2004 and has returned to shareholders US$120m+ on its original US$33.7m.
AFL2 established in 2004 has completed its active investment stage, with US$34.6 million committed capital invested. Several investments remain which will be sold down over the next few years.
A third fund, AFL3, established in June 2008 with an increased committed capital of US$79.2 million, is actively investing.