Tag: AVCA

AVCA launches its training academy to provide private investment professional development

Frank

AFRICA – The African Private Equity and Venture Capital Association (AVCA) has announced the establishment of the AVCA Training Academy to provide private investment professional development across the continent. This is a first-of-its-kind in the industry and is aimed at supporting private investment professionals interested in Africa, by providing an agile and innovative learning platform tailored to Africa’s dynamic and diverse market. The AVCA Academy will play an instrumental role in catalysing investment into the asset class by deepening the capacity of African institutional investors to navigate investing in private…

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PenOp partners AVCA to develop a PE and empower local investors

Frank

NIGERIA – The Pension Fund Operators Association of Nigeria (PenOp) has partnered with the African Private Equity and Venture Capital Association (AVCA) to empower local investors and develop private equity (PE) as an asset class in Nigeria. Speaking about the partnership, PenOp Chief Executive, Oguche Agudah, said pension funds operators have realised that they need to diversify into alternative investments. He said they view private equity as one of such opportunities. He maintained that domestic capital plays a vital role in accelerating economic growth in Nigeria and across the continent,…

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Kofo Sanusi appointed as new COO for AVCA

Frank

AFRICA – African Private Equity and Venture Capital Association (AVCA) has announced the appointment of Kofo Sanusi as its new Chief Operating Officer (COO). Sanusi joins AVCA from Founders Factory Africa (FFA), a venture development company investing in start-ups in sub-Saharan Africa. “Kofo is the right person to support the Association as we implement the strategic vision and continue to deliver value for our members. She brings an exceptional track record of providing strategic, operational, and financial management for various businesses across Africa,” Abi Mustapha-Maduakor, AVCA CEO, said. “Her in-depth…

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AVCA board appoints Abi Mustapha-Maduakor as Chief Executive Officer

Frank

AFRICA – The Board of Directors of the African Private Equity and Venture Capital Association (AVCA) has announced the appointment of Abi Mustapha-Maduakor as Chief Executive Officer (CEO). Mustapha-Maduakor joins AVCA from MedAccess, a subsidiary of CDC Group, where she was Head of Business Operations and Finance, overseeing financial and risk management, strategy implementation, and organisational development. Mustapha-Maduakor will take up the position on February 1, 2021, and there will be a transition period with interim CEO, Dara Owoyemi, until her departure. “I look forward to working with the Board…

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AVCA appoints former Chief Operating Officer Dara Owoyemi as Interim CEO

Frank

AFRICA – The Board of Directors of the African Private Equity and Venture Capital Association (AVCA) have announced the appointment of Dara Owoyemi as Interim CEO, following the departure of Michelle Kathryn Essomé last month. Ms. Owoyemi previously served as Board Member and Chief Operating Officer of AVCA, from 2011 to 2017. She was instrumental in re-building and re-vitalising the Association to deliver on its mandate – to create an enabling environment for private sector investment in Africa. Ms. Owoyemi returns to support the AVCA Board and staff in driving…

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AVCA CEO Michelle Kathryn steps down after 9 years

Frank

AFRICA – African Private Equity and Venture Capital Association (AVCA) CEO, Michelle Kathryn Essome, has announced that she will be stepping down after 9 years of being at the helm. “I would like to thank all of you who have played a critical role in creating, galvanising and building AVCA over the past 20 years – board members past and present, management, team, members, partners and stakeholders. The Association has grown considerably since I joined in 2011, both in numbers and capabilities,” she said in a statement on their website.…

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