INVESTMENTS

In July 2024, Canaf’s wholly owned subsidiary, Canaf Capital was launched.

 

Canaf Capital is focused on providing capital for short-term, asset-backed financing to support growth in a variety of sectors in South Africa.  Canaf Capital will primarily be providing capital via the Alternative Finance Group (“AFG”), a well-established group that provides asset-backed short-term (less than 12 months) financing to enterprises and entrepreneurs in South Africa.  AFG will source, administer and secure capital provided by Canaf Capital on a deal-by-deal basis. 

 

Canaf Capital plans to have up to R25m (CAN$1.9m) allocated by the end of Q1 2025, which is forecast to generate returns of up to 2.25% per month.