About Company
AFRIPRISE Investment PLC started with a modest internal IPO limited to TCCIA members and branches. Over time, it grew significantly, with the Local Authorities Pension Fund (LAPF) becoming an investor. Although not directly controlled by TCCIA, AFRIPRISE was selected to participate in the privatization of the National Microfinance Bank (NMB) as part of a consortium. Utilizing the NMB shares it acquired, AFRIPRISE expanded rapidly, becoming a major investment firm owned by Tanzanians.
AFRIPRISE operates under the regulatory oversight of the Capital Markets and Securities Authority (CMSA) as a closed- ended collective Investment company , enabling it to raise funds from the public for further investment opportunities.