
Lebohang Mafa
Managing Director of Fhenzhor Investment Holdings
- Group:ROADS
Lebohang Mafa
Managing Director of Fhenzhor Investment Holdings
Lebohang Mafa is a development finance professional, economist, and entrepreneur with over 13 years of experience in economic policy, strategic development, and investment facilitation. He currently serves as a Senior Economics Policy Analyst at the Limpopo Legislature, where he works extensively with government institutions, private sector stakeholders, and development agencies to advance economic growth and policy innovation in the province.
Lebohang holds a Master’s degree in Development Finance from the University of Stellenbosch Business School and is completing his MBA at Wits Business School. His academic and professional work focuses on economic transformation, industrial development, infrastructure investment, and innovation-led growth.
He is the Founder and Managing Director of Fhenzhor Investment Holdings, a 100% black-owned investment and project development company established in 2019. Through Fhenzhor, Lebohang is involved in large-scale infrastructure and energy initiatives, including the development of a proposed 3GW gas-to-power generation project in Secunda aimed at supporting South Africa’s energy transition and improving industrial energy reliability.
Lebohang is also the founder of several technology and platform ventures focused on improving economic participation and safety in South Africa. These include Mercadoo, a hyperlocal digital marketplace integrating food delivery, grocery services, and e-hailing with enhanced safety and identity verification features; and VyrO, a QR-code-based digital payments platform designed to support SMEs and informal sector transactions.
His work sits at the intersection of public policy, private investment, and technology-driven entrepreneurship. Lebohang is particularly passionate about building scalable African platforms, enabling SME growth, and developing infrastructure solutions that drive inclusive economic development.
Through his policy work, investment initiatives, and technology ventures, Lebohang aims to contribute to a more innovative, inclusive, and resilient South African economy.
