The AFA Initiative works with African governments to design mining policy, beneficiation frameworks, and investment structures-that works.
It advises project owners (outside our pipeline) on structuring bankable projects. It invests in the next generation of African mining leaders through the AFA community.
The AFA Initiative embeds advisory capacity directly with African governments to design the mining policy, beneficiation frameworks, licensing regimes, and investment structures that attract institutional capital while retaining value on the continent. We have the relationships, through AMSG's 19+ member governments, to move the frameworks that matter.
Supporting Ministries of Mines to design or reform licensing frameworks, royalty structures, and investment codes that attract institutional capital while meeting government beneficiation objectives.
Advising governments on strategic asset management, structuring public-private mining partnerships, state participation models, and benefit-sharing agreements that are sound, commercially viable, and politically durable.
Developing in-country value addition strategies, from processing requirements to downstream manufacturing pathways, aligned with the and national development plans.
Many of Africa's most promising mining projects never reach institutional investors because they are not structured for it. The AFA Initiative works with project owners (outside the Fund's portfolio) to develop the technical, legal, and financial architecture that makes projects bankable.
This is advisory work, not investment. It expands the ecosystem and generates the pipeline intelligence that keeps the Fund ahead of the market.
Independent review of project fundamentals geology, licensing, infrastructure, ESG, and community alignment against the criteria that institutional investors and DFIs require.
Working with project owners to structure equity, debt, offtake, and joint venture arrangements that meet the requirements of commercial investors, DFIs, and commodity traders simultaneously.
Where a project does not fit the AFA Fund’s mandate, we introduce owners to appropriate capital providers within our network DFIs, specialist funds, commodity trading houses, and strategic acquirers.
The advisory arm creates what the investment arm needs.
Government advisory work positions AFA as a preferred partner in jurisdictions where the Fund invests generating deal flow that external funds cannot access.
Independent intelligence is integrated directly into the Fund’s investment process reducing information asymmetry across the portfolio.
Project development advisory identifies and prepares investments before they reach institutional investors giving the Fund first access to the most de-risked opportunities.