About us
Leveraging global expertise and bleeding edge technology to build businesses
History
GPB Africa and Middle East (Pty) Ltd is a wholly-owned subsidiary of Gazprombank JSC (Russia), registered in the Republic of South Africa. Our offices have been located in Johannesburg since 2014. Our areas of operation are Africa and the Middle East, where we use Gazprombank Group’s considerable expertise in Oil and Gas, Energy, and Mining to help these sectors grow and develop.
GPB Africa and Middle East actively participates in the oil and gas, energy, and mining sectors in Africa. Our focus extends to developing the commodity trade division, with main trading products including crude oil, refined oil products, metals, as well as gemstones. As part of Gazprombank, a major European bank and the third-largest financial institution in Russia, we are well-positioned to deliver customized solutions in the mining and energy sectors. Our expertise lies in introducing cutting-edge technologies to industrial enterprises, fostering advancements in the exploration, development, and production of solid minerals and hydrocarbons.
Timeline and key milestones
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2014Pre incorporation Due diligence Registration and incorporation
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2015Finalizing residency status identification of key personal initiating partnership negotiations. Finalised MoU with PIC introduction of initial share capital
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2016-2017Strategy formulation Sector review Geographic focus Strategic partnership agreements
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2018-2019Strategy sign off Changes in key personal
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2020Release of second stage of capital. Finalise DD on target projects (4 at advance stage) Finalise off-take and supply allocations
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2021Release of second stage of capital. Finalise DD on target projects (4 at advance stage) Finalise off-take and supply allocations. Release of second stage of capital. Finalise DD on target projects (4 at advance stage) Finalise off-take and supply allocations
Partnership
GPB AFRICA AND MIDDLE EAST is in the process of negotiations with local South African companies for the establishment of several joint ventures in various areas including the energy and mining sectors of South Africa, FinTech, energy, oil and gas projects. We are also expanding our partner network by establishing close links with leading local players in countries such as Mozambique, Angola, Nigeria and other African countries.
GPB AFRICA AND MIDDLE EAST aims to generate financial profit and is always open to new opportunities and the potential expansion of its commercial activities. We are a dynamic company. When new opportunities arise, we are ready to organize qualified local specialists and start working on the project in the shortest possible time.
Subsidiaries
GPB AFRICA AND MIDDLE EAST own 25% + 1 share in the Innovative Oil and Gas service company specialising in equipment and tech for early oil and gas production. We’re currently developing projects in Nigeria, Angola, the Republic of Congo, Equatorial Guinea, Kenya, Uganda, as well as in countries in the Middle East region — UAE, Saudi Arabia, Qatar, Oman.