Omidyar has announced that Matt Bannick, Omidyar Network’s Managing Partner since 2007, is stepping down from his leadership role and will continue to serve on the firm’s board of directors.
CDC Group, the UK’s development finance institution, has appointed Tenbite Ermias as its new Head of Africa and Chris Coles as its new Chief Investment Officer.
Abraaj has announced broad changes to the firm’s governance and operating model and the appointment of a new leadership team. Core to the re-organization will be the separation of AIML and Abraaj Holdings (AHI), which will be independently managed.
LeapFrog Investments has appointed Raimund Snyders as a Partner in the Africa Financial Services team, based in the company’s Johannesburg office. Snyders is one of the most experienced financial services leaders on the African continent.
Anergi, an African power company established through the joint venture between Africa Finance Corporation and Harith General Partners, has appointed Enos Banda as its Chief Executive Officer. Anergi was established through the merger of the power investments of AFC and Harith, bringing their experience and expertise together to create a new entity that combines both renewable and non-renewable power assets in Africa.
Advanced Finance & Investment Group (AFIG Funds), an African private equity fund manager, has appointed Thiaba Camara Sy as Chief Operating Officer and Olga Lawson as Director.
Pan African private equity firm Development Partners International (DPI), has appointed Takudzwa Mutasa as Principal.
The African Private Equity and Venture Capital Association (AVCA) has strengthened its leadership as Paul Botha, Founder and CEO at Metier and Danladi Verheijen, Managing Director at Verod Capital Management join its Board of Directors.
IFC Asset Management Company (AMC), a wholly-owned subsidiary of IFC that raises and manages third-party capital for investment in IFC member countries, has appointed Marcos Brujis as its new CEO.
EMPEA’s President and CEO, Robert van Zwieten will be stepping down after four and a half years of dedicated service, effective November 5, 2017.
Mergence Investment Managers has appointed Nandipha Kenqa as Risk Manager: Unlisted Investments and Ntsiki Ndzima as Business Development Manager.
Exotix Capital, a specialist Frontier and Emerging Markets investment bank, has announced three senior hires, effective immediately.
Goodwell Investments has hired Berg De Bleecker as Investor Relations Director.
Exotix Capital, a specialist Frontier and Emerging Markets investment bank, has appointed Christopher Dielmann, formerly Research Analyst in the International Monetary Fund’s Strategy, Policy & Review Department.