African Lion 3 Ltd

Africa Others

The fund makes early-stage investments in junior mining companies operating in Africa.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
Burkina Faso, Democratic Republic of Congo, Ghana, Liberia, Madagascar, Morocco, South Africa, Tanzania, Tunisia, Uganda
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Others
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
African Lion
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
June 2008
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$15m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Mauritius

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Hummingbird Resources

Hummingbird Resources is involved in the exploration and mining of gold in Liberia.

View investment details

Liberia Africa, West Africa Others March 2010 Active
Kasbah Resources

Kasbah Resources is involved in the exploration and mining of tin in Morocco.

View investment details

Morocco Africa, North Africa Others May 2010 Active
Celamin Holdings

Celamin Holdings is involved in the exploration and mining of phosphate in Tunisia.

View investment details

Tunisia Africa, North Africa Others November 2010 Active
Indian Pacific Resources

Indian Pacific Resources is involved in the exploration and mining of iron ore in Madagascar.

View investment details

Madagascar Africa, East Africa Others March 2011 Active
Toro Gold

Toro Gold Ltd is a private gold exploration and development company focused on the prolific Birimian and Archean geological terranes of Africa.

View investment details

Senegal Africa, West Africa Others March 2011 Active
Predictive Discovery (Aurora Minerals)

The company’s principal area of activity is Burkina Faso where the objective is to discover gold ore resources which could be profitably mined in a stand-alone operation

View investment details

Burkina Faso Africa, West Africa Others September 2011 Active
Roxgold

Roxgold is a gold exploration and development company with its key asset, the Yaramoko Gold Project, located in the Houndé greenstone belt of Burkina Faso, West Africa.

View investment details

Burkina Faso Africa, West Africa Others November 2011 Active
IMX Resources (Formerly Continental Nickel Limited)

Continental Nickel Ltd is owned by IMX Resources, and is involved in the exploration and mining of nickel in Tanzania.

View investment details

Tanzania Africa, East Africa Others June 2012 Active
Graphex Resources Ltd

Graphex was formed from the spin-out of IMX Resources. It is an Australian resource company which owns the coarse flake Chilalo Graphite Project in south-east Tanzania.

View investment details

Tanzania Africa, East Africa Others June 2016 Active