In March 2021, amidst the evolving economic landscape of South Africa and significant global challenges, Altvest Capital was born. The World economy was still bedridden having dealt with Covid and many other challenges. South Africa, endured the aftermath of Covid almost in complete darkness as a result of failures at Eskom and the resultant loadshedding.
I knew from the outset that our journey would be anything but
conventional. Having spent years navigating the corridors of investment banking and private equity, I had witnessed firsthand how traditional avenues of wealth creation were often safeguarded within an insular sphere, detached from the reach of everyday people. This realization sparked a vision—one that would redefine how South Africans engaged with and accessed investment opportunities. It was not merely a business; it was a movement, a clarion call for democratization that became the very essence of Altvest.
Stage:
Revenue-generating SMEs with working capital or asset finance needs.
Structure: Secured term loans, structured finance (assetbacked, working capital, and energy).
Eligibility:
South African registration required.
Business must be operational for over 1 year.
Must have annual turnover > R1 million.
