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We are building the future African business leaders -Parminder Vir

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Ms. Parminder Vir is the CEO of The Tony Elumelu Foundation(TEF), She talks to Business Africa Online on the strategic steps being taken by TEF in accelerating empowerment of young African entrepreneurs. Achievements of the foundation so far, and plans for 2017. Excerpts:

 

 

BAO: Can you give us a brief overview of The Tony Elumelu Foundation and what you do exactly? 

Parminder: The Tony Elumelu Foundation (TEF) is the leading philanthropy in Africa championing entrepreneurship and entrepreneurs across the continent. The Tony Elumelu Foundation (TEF) was founded in 2010 by Tony O. Elumelu CON, a serial investor, financier, and philanthropist. Our long-term investment in empowering African entrepreneurs is emblematic of Tony Elumelu’s philosophy of Africapitalism, which positions Africa’s private sector, and most importantly entrepreneurs, as the catalyst for the social and economic development of the continent.

 

BAO: Is the Tony Elumelu Foundation (TEF) focused on African entrepreneurs alone? What is the impact?

Parminder: The Tony Elumelu Foundation launched the Tony Elumelu Foundation Entrepreneurship Programme on 1stJanuary with a US$100 million, decade long commitment to identify, train, mentor, and fund 10,000 African entrepreneurs. Through this investment, our goal is to create one million jobs and $10 billion in additional revenues across the continent. TEF Entrepreneurship Programme is the largest entrepreneurship programme on the continent, made in Africa, by an African and for Africans. With the programme, we are promoting a culture of structured philanthropy that is impactful and that delivers sustainable results.

Through the programme, we are building the future African business leaders who create jobs to support themselves, their families, communities and the contribute to the economic transformation of their continent. We are also formalising the MSME, as all the selected TEF Entrepreneurs on the programme must be registered as businesses to receive the training, mentoring and funding.

The purpose of the programme is the economic transformation of the continent and we seek to do this by institutionalising luck and democratising opportunity. African entrepreneurs, regardless of nationality, gender, religion, age, or sector who has a transformative and scalable business idea can apply.

Through the Programme, foundation is unlocking the obstacles that Africa’s entrepreneurs face as they grow their startups into small to medium enterprises (SMEs), their SMEs into national growth companies, and their national growth companies into African multinational. Within a space of 2 years of operation and with 2,000 entrepreneurs and counting we are on the right track towards that, across the continent several of our entrepreneurs have begun a massive drive of employment and business scale up.

We promote the business stories of the Tony Elumelu Entrepreneurs on our website: www.tonyelumelufoundation.org and also The TEF Documentary https://youtu.be/lE2Tt-TfhJI which chronicles the first year story of the programme launched in 2015.

BAO: What are the challenges faced by the foundation? How are you overcoming them?

Parminder: Across Africa the challenge is to create an enabling environment for entrepreneurs to thrive. Beyond our work of training, mentoring and funding, the Foundation is leveraging its unique data base for insights and trends occurring in the African entrepreneurial ecosystem. The foundation is producing research and advocacy that informs policy makers, empowers entrepreneurs, and equips corporations, institutions and individuals with incisive analysis and timely information. In July 2015, we launched Unleashing Africa’s Entrepreneurs Series focused on analysing key sectors of Africa’s economy that possess or are attracting a high level of entrepreneurial activity and innovation. To date we have produced two ground-breaking reports as part of this series: Unleashing Africa’s Entrepreneurs: Creating an Enabling Environment and Unleashing Africa’s Agricultural Entrepreneurs: Improving the Enabling Environment for Agriculture.

 

BAO: What strategic steps is being taken by TEF in accelerating the empowerment of young African entrepreneurs? 

Parminder: The Tony Elumelu Foundation Entrepreneurship Programme is a holistic 12 month programme that strategically positions Start-ups to become viable businesses. The combination of all the entrepreneurship Programme modalities – The 7 pillars; the online live-learning support, web mentoring, immersive boot camp, resource library, global entrepreneurship forum, seed funding and membership of the alumni network provides a unique system of intensive and effective support for the start-ups. The end outcome being strong viable businesses, which go on to create new jobs, more new revenue and ultimately enlarge Africa’s private business sector.

With the strategic partnerships and engagement, we have driven in the past two years, the rest of the world has begun to pay attention – not just to the idea of entrepreneurship as a driver for development – but they’ve begun to acknowledge our entrepreneurship programme as a replicable model for addressing the world’s social and economic issues in a direct and sustainable way.

We are helping to educate on the role of entrepreneurship in African economic development by engaging African leaders, policy makers, stakeholders, and investors on the value of supporting African entrepreneurs.  Since January 2015, our Founder has engaged Presidents and Ministers across Africa: Senegal, South Africa, Mali, Cote d’Ivoire, Cameroon, Uganda, Rwanda, Kenya, Zambia, Ghana, Morocco, Tunisia, Egypt, Algeria, Mauritius to name but a few, sharing the Foundation’s mission to empower African entrepreneurs and introducing the Tony Elumelu Entrepreneurs for face to face dialogue.

Through its engagement with global entrepreneurship forums, TEF is promoting the role of African entrepreneurs within the global supply chain and putting African innovators front and center on the global stage.

 

BAO: Would you say the foundation has achieved its sustainability development goals (SDGs) for 2016? What is the plan for 2017?

Parminder: Yes, the Foundation has and is achieving its sustainability goals. In 2015 and 2016, we have invested near $10 million as seed capital into 2000 entrepreneurs from 54 African to develop their businesses. These business in turn are addressing many of the SDGs. We also included a question in the application form, for the applicants to indicate SDGs addressed by their business idea.

 

BAO: What specific advice would you have for young African entrepreneurs?

Parminder: The advice to those selected and to those who did not make the cut in 2015, 2016, and 2017, I say never give up. Entrepreneurship is a long-term journey and as Mr Elumelu often says, “entrepreneurs never quit.” Reach out to those who were selected 2017 and those who have graduated from the programme in 2015 and 2016. They will be very willing to share their knowledge and experience of the 12-week Start-up Enterprise Toolkit, developing their business plans, attending the TEF Entrepreneurship Forum in Lagos. Sign up to the TEF, Newsletter, read Alumni Spotlight Stories, watch the TEF Documentary, read the Articles in the TEF Website,download TEF Research and Advocacy Reports and read TEF Impact Report to understand the work of the Foundation. Follow and engage with TEF on social media, on Face Book, LinkedIn, and Twitter, do the same for Mr Tony O. Elumelu. Follow the CEO on Twitter and LinkedIn for weekly articles on entrepreneurship. You must pursue your passions, apply your skills and knowledge to doing what you love, and what you’re good at. You must remain open to keep on learning, maintain that start-up spirit—where you’re forever young, and forever in crisis, outside of your comfort zone.

We have seen evidence that African entrepreneurs create solutions to problems. Where others see challenges, they continue to see opportunities to create jobs and generate wealth.  Hold on to your passion, vision, creativity, and a sense of adventure.Always remember, as entrepreneurs YOU are essential in the transformation of the world we live in. By creating new businesses and new markets, you are the real change agents in your community, country, continent and the world.

 

Her Bio:

Ms Vir is the Chief Executive Officer of the Tony Elumelu Foundation (TEF). As CEO, she manages the overall day-to-day operations and strategic development of TEF, as well as the implementation of the Foundation’s key initiatives.

Under Vir’s leadership, the Foundation will continue its mission of empowering African entrepreneurs, and ensuring that entrepreneurship becomes the primary driver of Africa’s economic growth and social transformation.

Previously she was CEO of PVL Media, a specialist consultancy facilitating cross-border business development within emerging markets.

She is a commercially focused board level executive with broad international experience and particular expertise in media, entrepreneurship and business development. Ms Vir has worked in multiple sectors to deliver strategy, partnership development and marketing products and services for corporate and emerging businesses around the world.

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CEO Corner

Pineapple TV: Delivering Positive Impact And Instilling African Culture – Carl Raccah

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Carl Raccah is the Managing Director of Pineapple TV and has been firmly embedded in various disciplines in the Nigerian Entertainment Industry since 1996. He is a Creative Industry Professional with vast experience both internationally and locally. In this exclusive interview with Alaba Ayinuola of Business Africa Online, He talked about the inspiration behind Pineapple TV and his journey into the entertainment, media and production industry in Nigeria and Africa. Excerpts.

Alaba: Could you briefly tell us about yourself and journey into media and production in Africa?

Carl: I have been involved in the creative industries since I left school, though initially as a singer, songwriter, and performer. In the mid 80’s I worked with the two-time Grammy Award winner, the late Nigel Gray, at his legendary Surrey Sound Studios. Older readers may remember his work with The Police, Godley & Crème, Paul Brady, and a host of others. The engineer for my projects, who is still a good friend of mine, was Jim Ebdon; he’s now the live sound engineer for the artist Sam Smith.

In the 90’s, I had the amazing privilege of working with the musical genius and Grammy Award winner David Hentschel who produced, engineered and arranged works for Genesis, The Yellow Jackets, Elton John, Missy Elliot, L.L. Cool J, and the list goes on. I was born in Kano, Nigeria but went to school and lived in England until I came back to Nigeria in 1995. One of the first gentlemen I met was Mr. Jimi Awosika who was then the Creative Director at Insight Communication. He, very kindly, based on my music background, started giving me jobs for some of their clients. I worked on the music for the Pepsi Big Blue Campaign, I composed jingles for UBA featuring Daddy Fresh and I created the theme music for the original series of The Ultimate Search. I was also the Music Director for The X-Factor here in Nigeria.

This, and the revelation that Nigeria had a largely untapped popular music scene, made me interested in staying in the country and working alongside some of those artists. I mention this only to highlight that I was firmly embedded in music; I didn’t think I would ever be involved in producing television content let alone co-own a TV Channel. I always mention that the inspiration for the TV Channel came about when I noticed my son watching, learning and absorbing information from the shows on CBBC and Disney Junior. This made me wonder if there was content available that would resonate more with the African Child, content that they could identify with. This was ten or so years ago, and I was amazed that there had been nothing since the NTA show, ‘Tales by Moonlight.’ I understood then that there was a space, so that’s how the idea for Pineapple TV came about.

Alaba: Kindly tell us about Pineapple TV, the inspiration and who is your target market?

Carl: Pineapple TV started with a focus on a target market of children from the ages of 4 to 16. After about 3 months of broadcast however, we started getting feedback from parents and grandparents saying that they were enjoying the channel and were watching alongside the children. Then we noticed teenagers outside of our target responding also; those of the 17 to 20 something age group. We have now shifted our content production and acquisition to include shows for the family while ensuring that Pineapple TV continues to be a safe viewing space.

Alaba: How is your brand unique and what kind of content are you creating to entertain African families in the continent and in Diaspora?

Carl: I believe we are the only channel on the African Continent broadcasting Africa for Africa family content. By that I mean, 95% of our shows must be produced or licenced on the African Continent fulfilling our mandate of invigorating this sector of the Creative Industry while providing quality content that resonates with our audience, which is the African Family. The remaining 5% allows us to partner with content producers elsewhere on projects that will impact our audience. At this time, most of the shows we have produced are made in Nigeria, and I don’t see this changing. I have seen that in Nigeria we have the producers, directors, and crew who, given the opportunity, can deliver content to an international broadcast standard. They are dedicated, professional and passionate.

Carl Raccah and His Team (Imagecredit:PineappleTV)

We are currently developing a Pineapple TV Mobile App. When this is available our content will be available to families in Diaspora and the rest of the continent. We are in discussion with various broadcast platforms who have indicated an interest in licencing the channel to other parts of the world. I’m pleased to say the importance of the Pineapple TV initiative and concept is beginning to be understood.

Alaba: Can you share your major challenge and how are you navigating through this dire time?

Carl: As a new channel, there are a few challenges that we had to overcome. The most difficult is convincing a broadcast platform to understand what your channel offering is. I was very lucky in that I was given an opportunity to present the Pineapple TV concept to The Honourable Minister of Information and Culture, Alhaji Lai Mohammed, who understood fully what I was trying to achieve and actually said and I quote, “Carl… You are preaching to the converted.” He kindly asked Mr. Segun Adeyemi to oversee the progress of the project. Mr. Adeyemi in turn introduced me to the COO of Startimes. Mr. Tunde Aina and that is how we are now on Startimes Channel 129. These three gentlemen have played a significant part in our progress and I am grateful to them.

Alaba: What is your leadership style and philosophy?

Carl: That’s an interesting question but perhaps better answered by those in the Pineapple TV team. I do think that in a creative space however, one should have defined parameters, so procedures, reporting and work flows are adhered to, but at the same time ensuring the office space is friendly so that creativity can flow. I like to encourage the whole team to suggest creative ideas no matter how out-of-the-box they may seem and no matter what position you hold in the business; I have an open door policy and I ask the executives and heads of departments to offer the same; we’ve had some exciting content concepts come to fruition in this way.

Alaba: Which is more important, data or content to the future of marketing?

Carl: In my opinion it’s always going to be content. Consumer’s won’t spend their hard-earned money on data if the content isn’t appealing… I am of the mindset that, as consumers are able to access content via ever more varied and available platforms, that what they want to access becomes even more important. So, whether its an advert, a series, a film or a song, it better be fantastic! As the saying goes, ‘Content Is King’ and I believe this is hugely relevant now.

Alaba: How do you see the convergence of digital and TV play out?

Carl: In Africa, for the foreseeable future, I think both will share the same arena. Data is still quite expensive, and coverage is not available everywhere, or all the time. I am looking forward to when the country flips fully to DTT. That will give a great option for consumers and producers alike.

Alaba: How does your organization measure its impact and what is the future for Pineapple TV?

Carl: Pineapple TV is here to stay. We will continue to invest in our area of the Creative Industry to ensure Nigerian talent across the whole process of our production needs is supported and invigorated. By that I mean the various women and men who are actors, producers, scriptwriters, film crew and content producers.

Carl Raccah and His Team (Image credit: Pineapple TV)

We will also broaden our content appeal to ensure that Pineapple TV is the channel that African Families tune in to for safe viewing, educational, inspiring and entertaining programming. We measure our impact by the positive feedback from our partners.

Alaba: What would be your advice to aspiring media entrepreneurs and investors in Nigeria and rest of the region?

Carl: Pineapple TV took me over 10 years to get going from concept to first broadcast. I experienced many hurdles on the way. So, the most important advice I would give to aspiring media entrepreneurs is to understand from the onset that it will not be easy, you must be ready to persevere. It helps if you are passionate about what you are trying to achieve, because if you’re not, it may be difficult to endure, figuratively speaking, the bumps and bruises you will undoubtedly receive on the way to fulfilling your ambition.

Also, it’s important to note that the creative sector is a business just like any other, and that it’s vital that whatever your discipline within the industry is, it is approached with the same tenacity as other entrepreneurs apply to other sectors. As far as investors are concerned, because the Nigerian Creative Sector is exciting and vibrant at every level, it has many years of potential growth ahead of it. Whether investing in studios, concert venues, equipment rental, movies, make up outfits, fashion design, book publishing and all the other areas that make up the creative industries, there is room for dedicated professional well managed entities in every area.

Alaba: How do you relax and what is your favourite tourist destination in Africa?

Carl: At the moment, I don’t have too much time to relax, but that’s fine by me. I’m so grateful to have the opportunity to see 10 years of hard work trying to get this project off the ground actually moving now. Of course there are challenges, but every challenge resolved is a step forward. That’s a more relaxing place to be than wondering if the concept might ever get off the ground. For me and my co-directors, Heitham, Ali and Hadi Safieddine and for our Chairman, Mr. Francis Ogboro, The Pineapple TV project has become vocational.

We all fully understand the impact that our programming is having in inspiring culture and pride in all that is Nigerian and indeed African. We are happy to be playing a small but important part of Nation Building. As for my favourite tourist destination in Africa, that has to be Kano. I was born there, so whenever I go back, I’m filled with nostalgia and many amazing memories. When I visit Kano I feel I’m home.

Also Read Zahara Chetty: Equipping The Next Generation With 21st Century FutureSkills

P R O F I L E

Carl Raccah has been firmly embedded in various disciplines in the Nigerian Entertainment Industry since 1996. He is a Creative Industry Professional with vast experience both internationally and locally. As a musician he composed the jingles for many successful advertising campaigns and the theme tunes for The Gulder Ultimate Search Reality Show and ‘Diamond In The Sky’ for Diamond Bank.

As a producer he recorded successful albums for Yinka Davies, Ashionye, Daddy Fresh, Fadabasi and others. As a Production/Technical Manager, Carl has worked on some of the most ground-breaking live events in Nigeria such as Yello Fest, Star Trek, Star Mega Jam, The Tetmosol Girl Power Concert Tour and others. In conjunction with Sonic Spaza South Africa, he negotiated (licenced) the selected works of Ruggedman and Styl-Plus for use on the Nokia Express Music Phone and negotiated the works of various Nigerian artists, ‘The Nigerian Selection’ for use by Virgin Atlantic Airways as part of their in-flight entertainment bouquet. Carl Raccah is the Managing Director of Pineapple TV.

Visit: Pineapple TV

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CEO Corner

Ava Airways CEO Olivier Arrindell On Envisioning An Airline Of The Future And Connecting Africa With The Caribbean

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Ava Airways CEO Olivier Arrindell is an experienced professional, business acumen and became one of the youngest members of the Caribbean American Chamber of Commerce and Industry with ongoing success in Latina America, Central America, North America, and the Caribbean. In this interview with Alaba Ayinuola of Business Africa Online, He talks about the Ava Airways brand, his mission to connect Africa with Caribbean and role as the new CEO. Excerpts.

Alaba: Kindly tell us about Ava Airways and the gap its fill?

Olivier: With Ava Airways, we didn’t want to just envision a bunch of loosely connected potential innovations. Instead, our goal was to create a cohesive concept for the future airline. To do this, we organized all of our design innovations around three core principles: “Taking Crazy Out of Flying”- making Ava Airways actually worthy of passenger affection; “Know the Journey”- designing touch points that are tailored to the unique moments comprising a passenger’s journey with Ava Airways; and, “Membership Matters”- creating a business model that goes beyond fare-based transactions.

Ava Airways is an Airline carrier of the Dominican Republic with a clear plan and vision to properly connect and operate scheduled flights via its Hub in this city of Santo Domingo, to the Caribbean,  Latin America and Africa. The Service Ava Airways plans to provide would allow Latin American and Caribbean enraptures and corporations to properly connect with each other in commerce and trade specially in the tourism sector

Alaba: As its new Chief Executive, what are your set milestones in terms of growth and impact?

Olivier: In this role, I am responsible and accountable to the Board of Directors for carrying out my duties and my number one goal is to properly connect Africa with the Americas and the Americas with each other.  Being the CEO of an airline is not the kind of job that someone just slips into. Typically, these airline big wigs worked their way up the corporate ranks. In some cases, they’ve been recruited from similar positions in other industries.

Historically, most airline CEOs have spent a considerable amount of time in some type of management structure. I did not have that kind of road map.  I was appointed CEO of Ava Airways because of my row core entrepreneurial spirit.  Entrepreneurial spirit is a mindset. It’s an attitude and approach to thinking that actively seeks out change, rather than waiting to adapt to change. It’s a mindset that embraces critical questioning, innovation, service and continuous improvement.“It’s about seeing the big picture and thinking like there is no tomorrow,”

“To me, being of African descendant, that’s the spirit I live by and is the way of  approaching situations where you feel empowered, motivated, and capable of taking things into your own hands, “Like connecting Africa with the Caribbean”. 

Olivier Arrindell

Companies that nurture an entrepreneurial spirit within their organization encourage their employees to not only see problems, solutions and opportunities, but to come up with ideas to do something about them.” Entrepreneurial CEO’s like myself tend to have a more innovative approach to thinking about their products or services, new directions to take the company in, or new ways of doing old tasks.

Alaba: One of your major priorities at Ava Airways is to connect Africa with the Caribbean and Latin America. What sparked the interest and why now?

Olivier: the second largest African population in the world is Brazil, The USA, Then Spanish Specking Americas, then we have the Caribbean.  Why now you ask?  Because now its our TIME !

Alaba: Could you tell us more about your Africa destination strategy with emphasis on your unique offerings?

Olivier: This is a technical question hahaha, for the simple reason I cannot provide key secrets to our strategy and game plan. Keep a close eye on Ava Airways and see the strategy manifest itself.  

Alaba: How is the current global pandemic affecting your operations and how are you navigating the challenges in these dire times?

Olivier: To be frank we have been given a gift from the higher powers,  because just in time for the launching of Ava Airways here comes Ms. Corona Virus with her attitude, so we have escape all of the issues that others are currently facing and I am great to the gift.

Alaba: What are the safety measures and assurance you have incorporated in your operations? Are you Post COVID-19 prepared?

Olivier: YES, we are.  Ava Airways Director of SQS and the rest of the team shall implement all of the recommendation that is provided by IATA and Local Authorities.

Alaba: How would you describe the state of aviation in Africa and where do you see the industry in 5 years?

Olivier: I believe I am not the correct person to answer this question at this time, however  I do see the state of Aviation in Africa as one of the same kind you are seeing today with the movement of people from Africa to Europe and North America to the movement of people from Africa to the Caribbean and Latin America.

Alaba: What is the future for Ava Airways in terms of its size, products and impact?

Olivier: I believe Ava Airways future is bright and you will be around to see what kind of product and impact we shall have on the industry.

Olivier Arrindell with Ava Airways Celebrity Brand Ambassadors

Alaba: What is your leadership style and philosophy? 

Olivier: Simple, Entrepreneurial Spirit. My fundamental believe is, if you want to make people happy sell ice cream!

Alaba: Your message to the industry and the critical stakeholders who depends on it for survival?

Olivier: Financial disciple and change the way you think.

Also Read: Serah Odende, co-founder of African Harvesters Talks Entrepreneurship and Her Initiative Ag4SDGs

B I O G R A P H Y

Olivier Arrindell was the Managing Director of Financial Planning, Investor Relations, & Corporate Planning for Grace Aviation Holdings, LLC, and in December of 2019 was appointed as the CEO of Ava Airways by it’s Board of Directors. In this role, he is responsible and accountable to the Board of Directors for carrying out his duties and possesses a demonstrated track record in interacting with a policy board. Mr. Arrimdell plans, coordinates, directs, and is responsible for all activities associated with the operation of Ava Airways and it’s related economic development activities.

During his career, Mr. Arrindell has been instrumental in several initiatives including the development of Antigua & Barbuda’s new International Airport and many others, in addition, he has led the communications efforts around Grace Aviation’s company’s investment negotiation with investment partners and debt offerings. Most recently, he played a key role in the development and communication of Ava Airways balanced capital deployment strategy plan for its commercial airline plans which have resulted in favorable terms and conditions through a dividend principle policy.

Prior to joining Ava Airways and leveraging his professional experience and business acumen, Mr. Arrindell became one of the youngest members of the Caribbean American Chamber of Commerce and Industry Inc.

Mr. Arrindell’s ongoing success in Latina America, Central America, North America, and the Caribbean has been facilitated by his knowledge of financial management, Strategic Alliances, airline/aviation strategist, and a track record of successfully pulling together exceptional teams and business partners. 

Ava Airways 

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CEO Corner

African Infrastructure Investment Managers appoints Vuyo Ntoi and Sola Lawson as new co-CEOs

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African Infrastructure Investment Managers new co-CEOs, Vuyo Ntoi and Sola Lawson (Source: AIIM Africa)

London and Cape Town, 3 August 2020: African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments and Africa’s most experienced infrastructure manager, has appointed two joint-managing directors to be based in Cape Town and Lagos, following the retirement of the company’s previous CEO.

Vuyo Ntoi and Sola Lawson, have been appointed from within the business, and will continue to sit in their South Africa and Nigeria offices respectively, as two of AIIM’s key markets in sub-Saharan Africa. As AIIM’s new joint-MD’s, they take over from Jurie Swart, who has been CEO of AIIM since 2014 and recently elected to take early retirement to focus on a new challenge outside the AIIM business.  

Also Read: Lindelwe Lesley Ndlovu, African Risk Capacity (ARC) CEO Shares Goals, Disaster Risk Solutions, COVID-19 and Future

Commenting on the new roles, Paul Boynton, non-executive chairman of the Board at AIIM said: “Vuyo and Sola have both been integral members of the AIIM team for many years and bring with them extensive and varied investment experience and leadership skills. On behalf of the entire Board, I am looking forward to working even closer with them in their new joint-MD roles as the business continues to expand and move forward.”  

Vuyo Ntoi said, “I am very excited to step into this new joint role, continuing to work with Sola and the Exco team to drive the strategy that we have had in place, which has and continues to deliver excellent outcomes for our investors and stakeholders.”

Sola Lawson added, “I am honoured to take on the role of joint-MD of AIIM and look forward to working closely with Vuyo and the wider team to continue to build on the strong foundations developed throughout Jurie’s time as CEO and to help progress AIIM’s strategic journey.”

Vuyo Ntoi has been a member of the senior management team at AIIM for over a decade and is the co-portfolio manager of AIIM’s IDEAS Managed Fund, one of South Africa’s largest domestic infrastructure equity funds. He was also involved in the initial roll out of the business across the continent and has led and participated in high profile and pioneering projects in South Africa, Ghana, Nigeria and Mali.

Sola Lawson joined AIIM in 2011, founding the Nigeria office, AIIM’s first permanent establishment in Africa outside of South Africa. He has been a member of the senior management team at AIIM since joining and is a member of the IDEAS investment committee. Sola has played a leading role in originating, executing and managing c. USD500 million of AIIM-managed fund investments across Africa, serving on the board of directors of several AIIM portfolio companies within the digital infrastructure, power or renewables and midstream sectors. Prior to joining AIIM, Sola was a member of the infrastructure funds team at Macquarie Group, and prior to that worked at PwC London.

Issued by: AIIM Africa

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