Africanore AG is a Swiss-based physical commodity trader and upstream advisor specialising in African minerals, oil & gas — from exploration and bid support through logistics and delivery to end buyers.
View Our Track RecordFounded in 2010 in Pfäffikon SZ, Switzerland, Africanore AG specialises in sourcing, trading, and exporting African minerals and raw materials to international markets.
Africanore AG operates at the intersection of African mineral resources and global commodity markets. Registered in the Canton of Schwyz, the company leverages Switzerland's position as one of the world's foremost commodity trading hubs.
Our model is end-to-end: we engage from the exploration and concession stage through due diligence, logistics planning, and physical delivery. We work directly with local operators, international consultancies, and major trading counterparties to move bulk minerals from mine to port to buyer.
The company is part of Financial Market Access & Solutions Holdings AG (FMAS), a group active across commodity trading, capital markets, wealth management, and consulting services.
We focus on hard commodities sourced from African mining operations, with established supply chains and quality-controlled processes.
23–55% Mn grades for steel & ferroalloy smelting
45%+ Cr₂O₃ for stainless steel & refractories
Bulk cargo export to steelmaking markets
Exploration assets & refined gold products
Upstream advisory & sovereign hedging
A selection of engagements demonstrating our end-to-end capabilities in physical commodity sourcing, due diligence, and trade execution. Counterparty names are abbreviated for confidentiality.
Provided specialist technical advisory and support to a leading African petroleum E&P company for its successful bid in a competitive limited public tender for an onshore oil block in Southern Africa. The counterparty secured a significant participating interest. Africanore obtained a profit-share entitlement on oil allocation following first production, governed under English law.
Co-developed a joint approach alongside a major Swiss-based global commodity trader for the concessional acquisition of a national iron ore mining operation in West Africa. Africanore provided on-the-ground advisory, marketing, and administrative services under a dedicated consultancy framework, engaging directly with government counterparts.
Executed a financing and hedging framework with a North African national oil corporation. Scope covered short- and long-term financial hedging solutions to secure oil production prices, structured through a Middle East-based financial intermediary. Engaged directly with the corporation's senior leadership.
Secured exploration concession covering three mining assets in East Africa, approximately 250 km from a major coastal export port. Engaged an international mining consultancy to conduct a full site visit, geological assessment, and resource estimation. Grab samples returned high-grade manganese across priority sites, with a production target of 42,000 tonnes per annum.
Negotiated and executed multiple FOB purchase contracts for chrome ore with a Tier-1 global commodity trader. Sourced from high-grade stockpiles at a major East African port. Included assessment of a chrome ore beneficiation plant and LC-backed payment terms for bulk shipments.
Developed a detailed budget proposal and production plan for offtake discussions with a major Swiss-based global commodity trading group. Covered full cost modelling from extraction through transportation and port handling for direct-shipping ore product.
Commissioned a comprehensive logistics assessment with a major international logistics group covering road transport from inland mine sites to a deep-water export port. Report assessed warehousing capacity, crane infrastructure, berth availability, and vessel loading procedures for bulk mineral cargoes.
Negotiated a concession framework with a sovereign government covering multi-year exploration and long-term mining lease phases. Structure included joint venture provisions, royalty schedules, and profit tax exemptions under national investment encouragement legislation. Disputes governed by ICC arbitration.
Structured a multi-entity commodity finance platform for North African oil operations, involving execution, custody, and banking arrangements with major international custodians. Included profit-share agreements between group entities and comprehensive compliance frameworks.
Designed and issued a structured investment note linked to Africanore's mining portfolio, distributed through the group's asset management arm. Product listed under Swiss ISIN, providing institutional investors with exposure to African mineral assets.
From underground to end buyer, we cover the full physical commodity value chain.
Buying and selling bulk minerals and raw materials on FOB, CIF, and CFR terms with transparent pricing and reliable delivery.
Geological assessment, resource estimation, and technical due diligence on African mining concessions with international consultancies.
Mine-to-port transport coordination, port handling, vessel chartering, and customs clearance for bulk mineral shipments.
Negotiation and administration of mining concession agreements, government relations, and regulatory compliance in African jurisdictions.
Negotiation of offtake agreements with major trading houses and end-users, including pricing, volume, quality specifications, and delivery terms.
Commodity-linked investment products, project finance, and capital markets solutions through the FMAS group's asset management capabilities.
Our logistics assessments and partnerships ensure reliable mineral flows from inland sites to international shipping lanes.
Typical road distance from concession sites to Red Sea export port
Target annual production capacity from primary manganese concession
Active berths at our primary export port with deep-water access
Bonded warehouse capacity available at export port facilities
Africanore bridges African mineral resources with end markets in Europe, the Middle East, and Asia through established trade corridors.
Upstream oil & gas advisory in Southern Africa, iron ore concession support in West Africa, manganese and chromite mining in East Africa, and sovereign oil hedging in North Africa. Deep relationships with local operators and government entities across the continent.
Headquarters in Pfäffikon SZ, Canton of Schwyz. Central to Europe's commodity trading infrastructure. FMAS group management, corporate governance, and structured finance operations.
Trade flows through Red Sea shipping lanes to steelmaking and industrial end-markets. Relationships with Tier-1 global trading houses and institutional investors across both regions.
Inquiries regarding physical commodity trading, offtake opportunities, or partnership discussions.
Churerstrasse 47
CH-8808 Pfäffikon SZ
Switzerland
UID: CHE-116.350.535
Canton of Schwyz, Switzerland
Registered: 13 December 2010
FMAS Holdings AG
Pfäffikon SZ, Switzerland
Churerstrasse 47 · Financial Center Building