BlackRock in South Africa

BlackRock is one of the global leaders in investment, advisory and risk management solutions dedicated to helping people invest better.

Since our founding we have opened offices in over 30 countries, opening our Cape Town office in 2012. In South Africa, everything we do is focused on helping our clients, inspiring our employees and supporting our local communities.

couple walking through cape town

Our South Africa impact

350
billion rand invested* across Africa
10
employees located on the ground in South Africa
1
million South African pension beneficiaries*
3.5
million rand committed to social impact in the last two years*

*BlackRock as of October 1, 2025

What does BlackRock do?

How we invest

What exactly do we do with our clients’ money? Every single investment decision we make is on behalf of our clients, which include banks, pension funds, and other financial institutions. Hear how we work from Khoabane Phoofolo, Head of BlackRock Africa.

Commitment to our local community

In 2023, the BlackRock Foundation partnered with Christel House in Cape Town, supporting quality education for underserved communities. A grant of R3.8 million will support current students and alumni over two years, helping to ensure they have the tools add opportunities to thrive.*
BlackRock staff members with christel house students

*BlackRock as of October 1, 2025

We pair BlackRock’s global asset management expertise with our intimate understanding of the local African markets to help more and more clients achieve their goals.

Khoabane Phoofolo
Khoabane Phoofolo
Head of BlackRock Africa

Frequently Asked Questions

  • At BlackRock, we help our clients and the people they serve save for retirement, pay for their children’s educations, buy homes, and start businesses. As a fiduciary and asset manager, BlackRock manages investments on behalf our clients, helping millions of people around the world invest to build savings that serve them throughout their lives.

  • BlackRock started in 1988 with eight people in a single room, and since then has evolved into a global company trusted to manage more assets than any other investment company in the world. Throughout our history, we’ve continued to find new ways to contribute to a more equitable and resilient future. That’s been our purpose from day one, set by our founders who still work here to this day.

  • Our clients place their trust in BlackRock to manage their investments. Our global platform, which is powered by data analytics, advanced technology, deep market expertise and a diverse group of people, is designed to help our clients become financially empowered and better positioned to meet the financial goals that matter most to them.

  • BlackRock is a publicly listed company and made its Initial Public Offering (IPO) on the New York Stock Exchange (NYSE) on October 1st, 1999, for $14 a share. Larry Fink is the Chairman, Chief Executive Officer, and founder along with seven other partners, who had a single shared mission of helping more and more people experience financial well-being.

*BlackRock as of October 1, 2025