Corporate investor
FirstRand Limited
FirstRand Limited is a South African financial services holding company established in 1998 through the merger of First National Bank Holdings, Rand Merchant Bank, and Momentum Life Assurers. Headquartered in Johannesburg, it operates a diversified portfolio of financial services businesses, including retail, commercial, corporate, and investment banking, as well as asset management and insurance. The group conducts its operations through subsidiaries such as First National Bank (FNB), Rand Merchant Bank (RMB), WesBank, and Ashburton Investments. FirstRand is listed on both the Johannesburg Stock Exchange and the Namibian Stock Exchange. As a limited partner, FirstRand engages in private equity investments primarily through RMB Ventures and RMB Corvest, focusing on established African businesses. The group has a presence in several African countries, the United Kingdom, and India.
Investment focus
- Sectors
- Financial servicesEnergy and powerAgriculture and foodTechnologyManufacturing and industrialsReal estate and housing
- Stages and strategies
- SeedFund investments
- Regions
- Eastern Africa, Western Africa, Central Africa, Southern Africa
Fund commitments
Sources
- Partner Researchers, accessed 14 November 2026
- https://www.ndf.int/what-we-finance/projects/project-database/zafiri-c176.html, www.ndf.int. Accessed 14 November 2026.