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AFRICAN COMPASS INTERNATIONAL (ACI)

African Compass International (ACI) is a South Africa registered company (2008), which started as a commodities trading company under the name African Compass Trading between China, South Africa and Zimbabwe, and further diversified its profolio interests in Zimbabwe into agribusiness, mining investments and power generation projects.

Primarily active in the Southern African Development Community (SADC), ACI has representation in Europe, North America and the Asia Pacific. The firms co-founders are serial entrepreneurs of Zimbabwean origin, Julian Rupare (Chairman, CEO and Projects Head), who after thorough investigations into the infrastructure and mining in Africa in 2009, identified gaps in the mining and energy sector of which then ACI was re-launched as a mining and power generation company in the Sub-Saharan Africa region and Charles Nhamo Rupare (COO, Partner and Director), responsible for business development, operations and managing the agribusiness division. Charles is also a partner and coordinator of TEDx Soweto, a local offshoot of TED America, dedicated to ideas worth spreading. He is also a co-founder of the iconic Kush Kollective, a Pan Afrikan creative incubator responsible for iconic music shows and Kush Khoza, an online Pan African journal and Proudly Afrikan, an online Pan African lifestyle magazine as well as the founder of the Pan Africa consulting company, Sankofa Republik, working with Multi national organisations in the areas of marketing, communication, business development, creativity and strategy development.

Projects

Currently ACI is looking at exploring and mining its primary rare earth tungsten project in the Karoi - Hurungwe area Zimbabwe known as the Honey Wolframite Belt with a strategic partner or purely founded via a joint venture structure or project finance on the back of an offtake agreement. The belt is more than 11.5miles in length and was discovered in the 1950s by F.W. Prokop, Ph.D., in his Report on the Honey Wolframite Belt-Karoi District (Honey Hill, December, 1955). With the tungsten project, ACI is heralded by the Minerals Marketing Corporation of Zimbabwe (MMCZ) to be the first commercial medium to large scale mining company in years to mine tungsten as of 2011.

ACI other projects in energy, minerals and agriculture include:

Gold (Shurugwi, Zimbabwe);

Tantalite (Hurungwe, Zimbabwe);

Solar 30MW (Kwekwe, Zimbabwe);

Thermal 100MW (Namibia);

Farm (Harare, Zimbabwe).

The company selection of projects is based on viability and good IRR for its investor partners. Its current projects portfolio interest, lie in community upliftment and job creation in areas it operates.