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 promotes project and structured finance, trade finance, financial consulting and direct investments. Besides our strong fintech background, the company is directly involved in oil and gas, energy projects, and mining projects in the African region, and we’re developing our commodity trade division. Our main trading products are crude oil and refined oil products; precious, ferrous and non-ferrous metals; and gemstones.
Since our parent company Gazprombank is the third-largest financial institution in Russia and one of the largest European banks, we’re fully set up to provide bespoke solutions in the mining and energy sectors. One of our key specialties is introducing industrial enterprises to state-of-the-art available technologies to facilitate exploration, development, and production of both 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.