---
title: "Incipient Capital Africa Ltd — Ownership Dossier"
canonical: https://whiteintel.dev/entity/84d11c02-ef22-52ae-a452-8e49aca6f5c0
json: https://whiteintel.dev/api/public/dossier/84d11c02-ef22-52ae-a452-8e49aca6f5c0
identifier: icij:icijol-82013827
jurisdiction: SC
risk: High
source: WhiteIntel corporate-ownership graph
---

# Incipient Capital Africa Ltd

**Type:** Company  
**Jurisdiction:** [SC](https://whiteintel.dev/jurisdictions/sc)  
**Identifier:** `icij:icijol-82013827`  
**Risk level:** High  
**Canonical dossier:** https://whiteintel.dev/entity/84d11c02-ef22-52ae-a452-8e49aca6f5c0  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/84d11c02-ef22-52ae-a452-8e49aca6f5c0  

## Ownership & control

### Owners / controllers

- **Incipient Capital Ltd** (shareholder of) — https://whiteintel.dev/entity/1f41be7c-6780-55fb-9f1b-4d4b6474d4d4
- **ANS Limited** (shareholder of) — https://whiteintel.dev/entity/325bf5c1-8dd6-51cc-9c68-dfb07183e176
- **Dibb - Justin Michael** (ultimate beneficial owner of) — https://whiteintel.dev/entity/fc677fa2-3ad5-59ef-a95f-e6353a49e255
- **MASSAWE - JUSTIN** (shareholder of) — https://whiteintel.dev/entity/4d469739-ac93-5d33-9146-b724d701fbee
- **Massawe - Justin** (ultimate beneficial owner of) — https://whiteintel.dev/entity/c54f6267-0180-5f0d-bf1a-5d14f094c4c9
- **Shamieh - Phillip** (ultimate beneficial owner of) — https://whiteintel.dev/entity/02ab7291-da83-522a-a3e9-d094fcaad41c

### UBO chain (walk to the ultimate owner)

A **11-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Exposure (derived from the ownership graph)

**3** owners upstream in this entity's ownership/control chain are flagged — a sanctions hit or a secrecy jurisdiction — an investigative lead by resolved identity, not a legal determination. The contributing parties and the hop-by-hop path unlock with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/82013827

## Get the full, resolved dossier (agent-callable)

The above is the free teaser. The resolved **multi-hop UBO chain**, ownership **%**, full **financial history**, itemised **assets** and the hop-by-hop **exposure path** are the paid depth — callable as tools from your agent:

```bash
npx -y @whiteintel/mcp-server   # then: get_dossier · trace_ownership_path · check_offshore_exposure
```

Or unlock a one-off cited dossier for **Incipient Capital Africa Ltd** — https://whiteintel.dev/entity/84d11c02-ef22-52ae-a452-8e49aca6f5c0 · pricing https://whiteintel.dev/pricing.

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **Incipient Capital Africa Ltd**. Human view: https://whiteintel.dev/entity/84d11c02-ef22-52ae-a452-8e49aca6f5c0 · Structured JSON: https://whiteintel.dev/api/public/dossier/84d11c02-ef22-52ae-a452-8e49aca6f5c0._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._