THUR, 28 JULY, 2022-theGBJournal| The African Private Equity and Venture Capital Association (AVCA) today announce the appointment of six key industry leaders to join its Board of Directors. The AVCA Board plays a key role in the oversight, governance and strategic direction of the association – the new directors will therefore continue to strengthen AVCA’s execution of its ongoing strategy as a market-shaping industry association, driving the promotion and advocacy of private capital in Africa.
The new Board members are:
- Albert Alsina, CEO & Group Managing Partner, Mediterrania Capital Partners
- Patrice Backer, Partner & CIO, AFIG Funds
- Mezuo Nwuneli, Managing Partner, Sahel Capital
- Karima Ola, Partner, LeapFrog Investments
- Jacop Rentschler, Co-Founder & Managing Partner, Zoscales Partners
- Ann Wyman, Senior Partner, AfricInvest
Commenting on the appointments, Paul Botha, co-founder and CEO of Metier and Chair of the AVCA Board, said: “With a record year (2021) in private equity and venture capital investments into the continent this year – the African private capital industry continues to mature. We are proud to welcome such pioneering figures to the AVCA Board of Directors. Albert, Ann, Jacop, Karima, Mezuo, and Patrice have made significant contributions to the evolution of our industry over the years.”
“We look forward to their perspectives and progressive work supporting AVCA’s mission to enable private investment in Africa. “
Abi Mustapha-Maduakor, Chief Executive Officer of AVCA, added: “As we continue to leverage the tremendous opportunities that investors, fund managers and ambitious companies across the continent are tapping into, the outlook for our industry this year and beyond is extremely promising from AVCA’s view of the market. I am delighted to welcome our new Board members; their diverse expertise and strategic insight will be invaluable as we deliver on our mandate and support the objectives of our increasing member base. I look forward to working closely with our new Board alongside our Chair, Paul Botha and Vice-Chair, Genevieve Sangudi, at the helm.”
The announcement comes as AVCA prepares for its Sustainable Investing in Africa summit, which the organisation will inaugurate in October, as part of AVCA’s strategy to convene and highlight the key players committed to unlocking more opportunities for sustainable investment across the continent. The AVCA Sustainable Investing in Africa Summit will take place in London on 19 October 2022.
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