AFRIPRISE Investment PLC started with a modest internal IPO limited to TCCIA members and branches. Over time, it grew significantly, with the Local Authorities Pension Fund (LAPF) becoming an investor. Although not directly controlled by TCCIA, AFRIPRISE was selected to participate in the privatization of the National Microfinance Bank (NMB) as part of a consortium. Utilizing the NMB shares it acquired, AFRIPRISE expanded rapidly, becoming a major investment firm owned by Tanzanians.

AFRIPRISE operates under the regulatory oversight of the Capital Markets and Securities Authority (CMSA) as a closed- ended collective Investment company , enabling it to raise funds from the public for further investment opportunities.

Establishment and Functions

AFRIPRISE was established to diversify financing sources and facilitate meaningful participation in Tanzania's economy. Listed on the Dar es Salaam Stock Exchange (DSE) in March 2018 and regulated by the CMSA, AFRIPRISE Investment PLC focuses on investing in various sectors.

AFRIPRISE Investment PLC is committed to strategically diversifying its portfolio to optimize returns and effectively manage risks. Our primary investment areas include:

• Government Securities: Providing secure and stable returns.
• Marketable Securities: Traded on the Dar es Salaam Stock Exchange (DSE), Nairobi Securities Exchange (NSE), and Rwanda Stock Exchange (RSE), enhancing our exposure to various market dynamics and opportunities across the East African region.
• Corporate Bonds: From reputable corporations, balancing higher yields with prudent risk management.
• Fixed Deposits: Bolstering our investment strategy, ensuring a secure and predictable income stream.

Our Business Model

AFRIPRISE integrates financial resources to invest in key sectors, focusing on sustainability as a significant business opportunity. The company adopts an active cross-asset strategy to preserve capital during market declines and perform strongly in bullish markets.

Governance

The Board of Directors is responsible for AFRIPRISE's performance and affairs, acting with transparency, integrity, accountability, and responsibility. The Board has two committees that handle various delegated responsibilities.