Phatisa

Phatisa is a private equity fund manager with a development mission of “Feeding and Housing Africa”. Their vision is to be the leading African sector-focused development equity fund manager, founded on their unwavering passion for the continent, it’s people and African prosperity.

Phatisa is the Fund Manager for the African Agriculture Fund which targets the food and agricultural sectors. They have invested over US$ 175 million in nine portfolio companies, spanning a number of countries in sub-Saharan Africa.

PPM was appointed by Phatisa to provide technical and commercial support to the deal team who were considering an investment into a heavy equipment supply company, Kanu Equipment Limited.  The assignment was completed within a short space of time during the second quarter of 2016 and consisted of a review of the current Kanu Equipment operations and an assessment of the growth potential.

Kanu Equipment has various dealerships, including Bell Equipment, Liebherr, Case, Terex / Findlay, Wirtgen, Tigercat, Manhand, and ELB Equipment.

Kanu Equipment is currently active in 9 African countries, namely Botswana, Sierra Leone, Liberia, Ghana, Côte d’Ivoire, Zimbabwe, Congo, Mauritius and Cameroon.

PPM is proud to have part of this review which resulted in a successful investment that was announced to the market place in June 2016.

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Oxeye

Oxeye has identified an opportunity to use UCG technology to extract value from its Sterkfontein coal resource, and PPM was appointed to complete a Concept Study in August 2015. The UCG process can be used to exploit previously marginal coal deposits by converting the coal resource into energy by gasifying the coal “in situ” underground. UCG is chemically similar to surface gasification of coal which is common practice for synthetic chemicals and fuel production, and the resulting gas, called Syngas, can be used commercially as feedstock for the production of chemical, fuels, electricity or heat.

The Concept Study reviewed the financial potential for the development of a new mine using UCG to generate Syngas suitable for power generation, and determined, on the basis of indicated and inferred Resources, and only accessing the No.4 seam, that there are approximately 91million tonnes of coal available for the UCG process; adequate for a power station of up to 400MW.

The Concept Study indicated that there is sufficient financial incentive to take this project to the PFS and BFS levels of study.

PPM is one of a select few project management companies that has the independent expertise to undertake studies for future UCG projects.

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IMS Engineering

IMS Engineering (Pty) Ltd is an engineering company specialising in Comminution, Briquetting, Compaction, Separation and Sorting Solutions and Technologies for the Mining and Minerals Processing, Construction Materials Preparation and Recycling Industries.

IMS has been successfully broadening their service offering to include holistic integrated solutions based on their technology differentiators.

PPM has had a long standing collaborative relationship with IMS and this was further cemented with IMS appointing PPM to support the enhancement of their internal project management and project delivery systems and processes.

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