Worldwide African Investment Holding (later renamed Pembani), is founded by Phuthuma Nhleko, Professor Wiseman Nkuhlu, Khaya Ngqula and the now-late Max Maisela.
Afric Oil Is Launched
Pembani launches Afric Oil, with Bheki Shongwe at the helm.
Then Gauteng Premier, Tokyo Sexwale opens the first Afric Oil service station in Weltervreden Park.
Pembani Group acquires a controlling stake in Zenex Oil (Pty) Ltd.
A New Dawn
Bheki Shongwe, the first CEO steps down.
Mkhuseli Faku takes over leadership of AfricOil.
Pembani Group acquires a 20% stake in Engen Limited, which in turn acquires a 45% shareholding in Afric Oil.
Winds Of Change
Zellah Fuphe is appointed CEO
South African industry’s leadership sign an empowerment charter.
Siviwe Mafanya is appointed CEO.
John Thangwane is appointed CEO.
Tseke Nkadimeng is appointed CEO.
Phuthuma Nhleko is voted the Financial Mail’s Lifetime Achiever.
Afric Oil wins a Transnet five-year contract worth R15.5bn.
20 Years In The Game
Afric Oil celebrates 20 year anniversary.
Looking Into The Future
Afric Oil acquires Forever Fuels.
Afric Oil becomes part of the Efora Energy Group.