Investment fund manager Ata Capital appoints Mamedupi Matsipa as CEO

SOUTH AFRICA – Ata Capital, a majority black-owned investment fund manager, committed to sub-Saharan African socio-economic growth and transformation has appointed Mamedupi Matsipa as its Chief Executive Officer, succeeding Lelo Rantloane who has been at the helm since he founded the company 10 years ago. Matsipa has started transitioning into her new role and will fully assume office on February 1, 2021. Matsipa’s track record of success began at Accenture South Africa as a management consultant. She later spent eight years with FirstRand Group, primarily as an acquisition and leveraged…

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Ethio Lease to mechanise the agriculture sector of Ethiopia

ETHIOPIA – The first foreign-owned leasing company, Ethio Lease, signed a Memorandum of Understanding (MoU) with the Ministry of Agriculture and the Agricultural Transformation Agency (ATA) enabling it to lease agriculture machineries to ATA sponsored farmers’ mechanisation centres.  Ethio Lease is a subsidiary of Africa Asset Finance Company Inc. (AAFC), a US-headquartered firm that owns and operates a group of companies that provide asset backed lending (ABL) and leasing services throughout Africa. Ethio Lease began operations in August 2019 after receiving a licence from the National Bank of Ethiopia. Under…

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