Lonrho is a pan-African company with a diverse portfolio of investments focusing on Africa. Its investments range from primary infrastructure to transportation, support services, hotels and natural resources. The Company is focused on servicing Western investment and African business by investing in emerging sectors across Africa, creating hubs of business through key investments. Lonrho is re-establishing a significant presence on the African Continent through strategic investments across sectors in fast-growing African economies.
27/07/11
Today’s deal to expand its budget hotel business, under the easyHotel umbrella, is the latest in a series of new developments that are expected to push the African conglomerate through an exciting period of growth. Here we speak to chief executive Geoffrey White about the group's ambitious plans.
25/07/11
This morning Lonrho unveiled an agreement to supply African hake fillets to Wal-Mart from October onwards. Panmure Gordon’s Damian NcNeela reckons the significant deal could spark a series of contracts between the African conglomerate and the world’s largest retailer.
20/07/11
This morning’s deal is the acquisitive conglomerate’s latest add-on within its agriculture business, following on from last month’s acquisition of South African fish processing and cold store business, fish-on-line. Panmure Gordon analyst Damian McNeela reckons this latest addition is an excellent fit with Lonrho's existing Rollex distribution business.
11/02/11
The diversified African business is set for further growth after it agreed a deal to buy secure accommodation firm AFEX Group for US$8 million. Panmure Gordon analyst Damian McNeela reckons the new unit will complement Lonrho’s Kwikbuild business and the infrastructure division will be more competitive when tendering for larger contracts in Sub Saharan Africa.
21/01/11
The United Nations believes that Africa’s growing agricultural capacity will have a big role to play as the world’s food supply struggles to keep pace with burgeoning population growth. Analysts at City broker Panmure Gordon reckon Lonrho, with its huge agribusiness, could be a major beneficiary of the continent’s emergence as a major force in farming.
01/02/12
Lonrho to bring 450-room hotel in DRC back to its former glory - UPDATE01/02/12
Lonrho to bring 450-room hotel in DRC back to its former glory23/01/12
Lonrho geared to US consumer recovery, suggests broker09/01/12
Lonrho expands John Deere dealerships into Tanzania and South Sudan04/01/12
Lonrho joins United Nations’ Global Compact initiative
15/11/2011
28/09/2011
21/09/2010
30/07/2010
27/07/2010
Strategy & Vision
Lonrho is focused on the fact that Africa is developing as one of the strongest global emerging markets. African growth is primarily driven by the expanding mineral, oil and agriculture sectors, and a significant internal economy being generated by a population that is approaching one billion people.
Lonrho only invests and builds businesses in Africa, and the corporate strategy is to help facilitate the development of the Continent. Lonrho operates in five industry sectors; Infrastructure, Transport, Agribusiness, Hotels and Support Services. These important industries provide some of the building blocks and foundations required for successful economic growth. Lonrho has built tangible operational businesses that promote job creation, assist poverty reduction, and are an integral part of African economic development.
One of the significant constraints to development in Africa remains the lack of adequate physical infrastructure. This has a direct effect on the rate of economic development that can be achieved and is fundamental to sustainable economic growth. The public sector alone is unable to provide sufficient funding for the necessary projects across the continent, and this represents a real opportunity for foreign direct investment. Lonrho's strategy of investing in infrastructure can assist regional development, while adding shareholder value.
Lonrho Agriculture provides vertical integration of the African agricultural market delivering a production and processing logistics cold chain to take African produce to consumers. The company delivers fresh produce both in Africa and internationally, driven by the growing global requirements for fresh fruit, vegetables, meat and fish.
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Lonrho is playing an integral part in providing support services to African markets as their economy continues to thrive and grow. This rapid emergence of Africa as a market is creating a strong demand for the industries within the support services division in Lonrho.
Improved transportation systems are necessary for economic development and to increase Africa's regional and international trade. Lonrho's pan-African regional aviation business, Fly540, is developing an international standard, punctual and reliable network to connect Africa, East to West and North to South.
Fly540 also provides international standard regional distribution for intercontinental carriers flying into Africa, such as British Airways, Emirates, Virgin, etc.
A primary building block for economic growth is the ability for investors and businessmen to be able to stay in reasonable standard accommodation and have the facilities available to conduct business. Through its investments and acquisitions across the Continent, Lonrho is part of the growing African hotel sector.
David Lenigas, Executive Chairman
Geoffrey White, Director & Chief Executive Officer
Emma Priestley, Executive Director
David Armstrong, Finance Director
Jean Ellis, Non-Executive Director
Ambassador Frances Cook, Senior Independent Director
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Registrars:
Equiniti
Aspect House
Spencer Road
Lancing
West Sussex
BN99 6DA
Tel: 0800 169 2608
Auditors:
KPMG Audit Plc
15 Canada Square
Canary Wharf
London
E14 5GL
Stockbrokers:
Panmure Gordon & Co.
WH Ireland Limited
Java Capital (Pty) Limited
Registered Office:
Lonrho Plc
2nd Floor
25 Berkeley Square
London
W1J 6HB
Tel: +44 (0) 207 016 5105
Fax: +44 (0) 207 016 5104
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