About Afrihost
Afrihost is a company based in Sandton (South Africa) founded in 2000 by Peter Meintjes, Brendan Armstrong, and Gian Visser was acquired by MTN in May 2014.. Afrihost has completed 2 acquisitions, including Axxess and Cool Ideas. Afrihost offers products and services including Fibre Internet, LTE Services, Web Hosting, and VoIP Services. Afrihost operates in a competitive market with competitors including KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and Bezeq, among others.
- Headquarter Sandton, South Africa
- Founders Peter Meintjes, Brendan Armstrong, Gian Visser
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Sectors
Telecommunications
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Phone
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Website
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Social
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Products & Services of Afrihost
Afrihost offers a comprehensive portfolio of products and services, including Fibre Internet, LTE Services, Web Hosting, and VoIP Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
High-speed internet via fibre optic for homes and businesses
Mobile data plans for areas without wired connections
Affordable platforms for websites and email management
Internet-based voice calls for affordable communication
Funding Insights of Afrihost
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
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Investors in Afrihost
Afrihost has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include MTN. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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MTN Group is recognized as a leading telecommunications provider in Africa.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Afrihost
Afrihost has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Axxess and Cool Ideas. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Internet services are provided across South Africa.
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2010 | ||||
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Broadband internet and data services are provided in South Africa.
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1997 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Afrihost
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Afrihost Comparisons
Competitors of Afrihost
Afrihost operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KPN, FPT Telecom, Ciena, Hong Kong Broadband Network and Bezeq, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Mobile and fixed-line telecommunication services are provided across Europe.
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Broadband internet, IPTV, and data services are offered in Vietnam.
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Cloud-based network management software is provided for infrastructure planning.
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Provider of fibre optic broadband internet services
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Telecom services provider in Israel
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Datacenter colocation, communication technology, and managed services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Afrihost
Frequently Asked Questions about Afrihost
When was Afrihost founded?
Afrihost was founded in 2000.
Where is Afrihost located?
Afrihost is headquartered in Sandton, South Africa. It is registered at Sandton, Gauteng, South Africa.
Who is the current CEO of Afrihost?
Gian Visser is the current CEO of Afrihost. They have also founded this company.
What does Afrihost do?
Afrihost is a telecommunication service provider which provides broadband internet, voice, and data services to residential and business customers in South Africa. The company offers broadband internet services (ADSL, VDSL, fiber, mobile, fixed wireless), 3G 4G cellular voice and data services (through MTNs network), managed WiFi services, and cost-effective bundle services. It also provides web hosting, cloud hosting, private server hosting services, sales of mobile devices, web marketing, security, value-added services, installation and tech support services. In 2011, Afrihost acquired Axxess (an Internet Service Provider) to expand its customer base. In June 2014, MTN South Africa purchased controlling shares (50.02) of Afrihost to expand its market share in South Africa. It provides its services through its own network and MTNs network. In June 2016, MTN South Africa made an announcement regarding its plans to dispose of its stake in Afrihost to its management team.
Who are the top competitors of Afrihost?
Afrihost's top competitors include KPN, Ciena and Community Fibre.
What products or services does Afrihost offer?
Afrihost offers Fibre Internet, LTE Services, Web Hosting, and VoIP Services.
How many acquisitions has Afrihost made?
Afrihost has made 2 acquisitions, including Axxess, and Cool Ideas.
Who are Afrihost's investors?
Afrihost has 1 investor. Key investors include MTN.
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