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PE Talks Africa

PE Talks Africa

By AVCA Africa
A podcast by the African Private Equity and Venture Capital Association (AVCA). We are champions of private investment in Africa. Join us as we uncover the global trends shaping the flow and impact of private capital in Africa.
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Then and Now: Reflections on Private Capital in Africa

PE Talks Africa

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#SDG Series: SDG 7 - Ensure access to affordable, reliable, sustainable and modern energy for all (in collaboration with AG International)
In this episode, we speak with Alexander Tounkara, Founder & Managing Partner at AGI, for our inaugural Achieving SDGs Through African Private Capital Series, which will focus on SDG 7 and ensuring access to affordable, reliable, sustainable and modern energy for all. AGI is an impact fund manager and advisory firm dedicated to West African economic development, with a team with international, sectoral and local expertise, networks and a proven track record of successful investing with a strong risk mitigation discipline.
07:40
September 29, 2022
Then and Now: Reflections on Private Capital in Africa
While the industry has witnessed significant success stories across fundraising and deal-making, challenges such as foreign exchange volatility, complex regulatory environments, limited exit options, and the increasing trend of consolidation continue to prevent the continent’s investment potential from being realised fully. This panel chronicles some of the recent changes the industry has encountered and overcome, as well as fund manager strategies to maintain investor interest, mobilise resources, and create value in their investment portfolio.  Speakers: Clarisa De Franco, Managing Director and Head of Private Equity Funds • British International Investment 'Tokunboh Ishmael, Co-Founder and Managing Director • Alitheia Capital Ziad Oueslati,  Co-Founding Partner and Managing Director • AfricInvest Luc Rigouzzo, Co-Founder and Managing Partner • Amethis Nicholas Vickery, Global Head Private Equity Funds • IFC Christopher Baird, Partner • DLA Piper
53:08
August 18, 2022
Food for Thought Series: Unpacking The Future of Food and Agriculture in Africa
Published 28 July 2022 The nature of African farming and food production has witnessed seismic shifts in the last several years. This panel unpacks the growth drivers of the industry’s maturation, zooming in on the enormous commercial opportunities Agribusiness has to offer private investors in Africa, which is home to 60% of the world’s uncultivated arable land. This podcast discussion also adopts a granular view of the challenges associated with establishing an effective and efficient food production industry on the continent, including the changing demography of African farmers, weak supply chains, and climate change. Speakers: Nadia Coulibaly Kouassi, Head of Research • AVCA Vanessa Adams, Vice President, Strategic Partnerships & Chief of Party • AGRA Stuart Bradley, Managing Partner • Phatisa Euler Bropleh, Founder and Managing Director • VestedWorld
40:57
July 25, 2022
In conversation with Ham Serunjogi: Becoming an African Unicorn
Fireside Chat: In conversation with Ham Serunjogi In this podcast we dive into a discussion with Ham Serunjogi, Co-Founder & Chief Executive Officer, Chipper Cash, on his entrepreneurial journey to becoming 1 of the 7 unicorns in Africa, raising capital as a startup and fundamentals for growth in Fintech.
39:18
June 27, 2022
Growth and opportunities in Angolan capital markets
In this podcast, we discuss Angolan capital markets with Rui Oliveira, CEO, BFA Asset Management, including the current state of private investment in the country, challenges BFA and the industry have faced, and the tremendous growth of GDP per capita predicted in the next 2 years.
35:13
May 26, 2022
A majority ownership strategy for value creation in Africa
In this episode of the PE Talks Africa podcast, we catch up with Alexis Caude, Managing Partner at Adenia Partners, to discuss the exits landscape in African private equity. From the impact of the coronavirus pandemic on exiting investments and limited IPO opportunities in Africa to the sale of Mauvilac, the Mauritian paint company, to AkzoNobel, Alexis Caude talks about Adenia’s majority ownership strategy for investing in Africa, and why a strong management team makes all the difference in a company.
34:36
January 25, 2022
‘Catch Me If You Can’: Exploring the drivers of venture capital in Africa
In this episode, we talk to three economists from the African Development Bank (AfDB) – Dr Fadel Jaoui, Dr Omolola Amoussou, and Dr Francis Kemeze. Fadel, Lola and Francis conducted an empirical analysis of the venture capital drivers using a dataset of African economies over the 2014 – 2019 period. Their research finds that in Africa, digital infrastructure plays a significant role in shaping a favourable environment for VC in Africa to thrive, in addition to enabling regulatory frameworks, institutional factors, market size, and corporate governance. From the potential to engineer ‘clusters’ for innovation and knowledge exchange in Africa, to bringing informal economy stakeholders into the VC conversation, our guests address the factors, trends and issues that continue to influence the flow of early-stage funding across Africa. Find out more about the Macro-economics Policy, Forecasting and Research (ECMR) Department at AfDB: https://www.afdb.org/en/knowledge/macro-economics-policy-forecasting-and-research
01:06:58
December 16, 2021
AVCA COP26 Series #2: Funding the energy transition in Nigeria and West Africa
In the run-up to COP26, we discussed Àrgentil’s sustainable and impact investments across clean energy and the broader productive economy via SMEs with Gbenga Hassan, Managing Partner. He also provided insight into Àrgentil’s strategy of investing in early-stage energy opportunities, approach to value creation with its investee companies and contribution to the UN SDGs. Àrgentil is a member of AVCA and is currently expanding its investment focus via the US$95mn Àrgentil SME Investment Fund (ASIF) to cover key West African countries.
52:08
October 27, 2021
AVCA COP26 Series #1: On digital infrastructure and the energy transition in Africa
A conversation with Matthew McCollum and Lisa Pinsley at Actis, as part of AVCA's content series in the run-up to COP26 in Glasgow. The acceleration of the transition from coal to clean energy is on the agenda at the 26th UN Climate Change Conference of the Parties (COP26). In this episode of PE Talks Africa, we catch up with Actis' Lisa Pinsley, Director: Head of Africa, Energy Infrastructure and Matthew McCollum, Director: Private Equity. Lisa Pinsley and Matthew McCollum discuss how their respective teams work together to create a more sustainable power source to address the increasing demand for connectivity in Africa; driving value through their investments; and what they enjoy about investing in Africa. Actis is a leading global investment firm focused on sustainable infrastructure and is a member of AVCA. Visit the AVCA website: www.avca-africa.org
29:00
October 12, 2021
Catalysing private sector development to reduce poverty in Africa
As part of AVCA's special series, Achieving the SDGs through African Private Equity (PE) and Venture Capital (VC), Paulette Mbeya, Research Analyst at AVCA, speaks with Ross Strike, Investment Manager - Venture Capital at CDC Group, about how CDC tackles socio-economic challenges through private sector development and investment, and with a focus on Goal 1 – No Poverty – how the DFI supports fund managers and portfolio companies in addressing poverty on the continent. The Covid-19 pandemic left more than 30 million people across Africa in extreme poverty, and the African Development Bank predicts that this number will rise to 39 million by the end of 2021. When the pandemic hit, CDC Group adopted a three-pillared approach – preserve, strengthen and rebuild – to help partners safeguard impact and weather the crisis by responding to economic and health challenges and to provide support beyond the pandemic, from recovery to prosperity, through counter-cyclical funding and by being one of the first investors to re-enter the market. Find out more about CDC Group's approach to impact Sign up to receive AVCA's bi-monthly newsletter on trends in the African private capital ecosystem
31:37
September 15, 2021
Making healthcare affordable and accessible in Africa
LeapFrog Investment's Biju Mohandas explores consolidation in Africa's health ecosystem, universal health coverage, and the global lifestyle shift towards wellness as a significant part of our lives.
42:52
August 11, 2021
Trends and opportunities in Nigeria's dairy industry
AVCA Spotlight on L&Z Integrated Farms with M.D. Abubakar For L&Z Integrated Farms, a family-owned dairy business based in Kano State, Nigeria, the future is positive and full of opportunity. In this episode of PE Talks Africa with Managing Director and Chief Executive Officer, M. D. Abubakar, we discuss the impact of private equity investment from Sahel Capital on the business' growth over the past five years; shifting consumer tastes and opportunities to introduce new dairy products into the market; and key initiatives by the business to address some of the UN Sustainable Development Goals (SDG), including Reduced Inequalities (SDG 10). We asked M. D. Abubakar what he enjoys most about doing business in Nigeria, and he said it is the creativity and innovation of young people. "It makes my day when I see the happiness in the face of the youth when they are able to partake in commercial activity as a result of entrepreneurship." Find out more about AVCA: https://www.avca-africa.org/ Find out more about Sahel Capital: https://sahelcp.com/
47:42
July 07, 2021
Value creation in African private equity
Albert Alsina is the Founder, Chief Executive Officer and Managing Partner at Mediterrania Capital Partners. In 2020, Albert published Value Creation in Private Equity, a guide for investors, fund managers and business leaders seeking to create value and improve performance. In this episode, we talk to Albert about the eight-step model of value creation, how fund managers have supported portfolio companies during the pandemic, and the trends driving investment across Africa, including sustainability. Albert sits on AVCA's Sustainability Committee and is an Associate Professor at the EADA Business School in Barcelona. Find out more about AVCA: https://www.avca-africa.org/ Follow AVCA on LinkedIn: https://www.linkedin.com/company/african-venture-capital-association/
36:18
May 12, 2021
AVCA 2020 Focus Series - Exits: Divesting During an Economic Downturn
AVCA 2020 Focus Series - Exits: Divesting During an Economic Downturn Speakers: - Stephane Bacquaert, Managing Director, Adenia Partners - Natalie Kolbe, Partner, Private Equity, Actis - Romain Py, Chief investment officer: Pan-Africa, African Infrastructure Investment Managers - Nina Triantis, Head of Financial Sponsor Coverage, Standard Bank Moderator: - Nicholas Hughes, Partner, Clifford Chance
55:44
February 10, 2021
AVCA 2020 Focus Series - Portfolio Management: Value Creation During Uncertain Times
AVCA 2020 Focus Series - Portfolio Management: Value Creation During Uncertain Times Speakers: · Arjuna Costa, Managing Partner, Flourish VC · 'Tokunboh Ishmael, Co-Founder and Managing Director, Alitheia Capital · Genevieve Sangudi, Strategic Africa Advisor, The Carlyle Group, and Partner, Alterra Capital Partners · Marc Stoneham, Portfolio Manager, Development Partners International Moderator: · Rasheeda Seshie, Partner and Chief People Officer, Africa Foresight Group
55:30
January 13, 2021
AVCA 2020 Focus Series - Deal-making: Finding Opportunities Amid An Economic Crisis
AVCA 2020 Focus Series - Deal-making: Finding Opportunities Amid An Economic Crisis Speakers: Paul Boynton, Chief Executive Officer at Old Mutual Alternative Investments; Paul Kokoricha, Partner at African Capital Alliance; Skander Oueslati, Senior Partner, CIO & Co-Head of SSA at AfricInvest, Luc Rigouzzo, Managing Partner at Amethis; Moderator: Heleen Goussard, Head: Alternative Investment Services at RisCura
55:39
December 09, 2020
AVCA 2020 Focus Series - Fundraising: Looking At Alternative Sources Of Capital In Africa's Investment Industry
AVCA 2020 Focus Series - Fundraising: Looking At Alternative Sources Of Capital In Africa's Investment Industry Speakers · Catherine Swanepoel, Chief Investment Officer at South Suez Capital; · Chuck Burbridge, Executive Director at Chicago Teachers'​ Pension Fund; · Christian Dunbar, City Treasurer at City of Philadelphia; · Dabney Tonelli, Partner: Investor Relations at Helios Investment Partners; and · Herman Marais, Co-Founder & Managing Partner at EXEO Capital Moderators: · Alexandre Alfonsi, Partner at Axonia Partners; and · Marc Lasserre, Managing Partner at S.O Capital Advice
55:40
November 11, 2020
AVCA 2020 Focus Series - Venture Capital in Africa: What has Changed with COVID-19
AVCA 2020 Focus Series - Venture Capital in Africa: What has Changed with COVID-19 Speakers: Wale Ayeni, Head of Africa Venture Capital Investing at IFC; Khaled Ben Jilani, Senior Partner at AfricInvest; Maurizio Caio, Founder & Managing Partner at TLcom Capital; Nnena Nkongho, Principal at DiGAME; Lisa Thomas, Founder & Managing Director at Samata Capital; Moderator: Christophe Viarnaud, Chief Executive Officer at AfricArena
46:03
October 14, 2020
AVCA 2020 Focus Series - Africa's Private Investment Landscape: Macro & Micro Perspectives
AVCA 2020 Focus Series - Africa's Private Investment Landscape: Macro & Micro Perspectives Speakers: Daniel Adeoye, Resource Lead at PEVCA Françoise De Donder, Managing Director at AMIC Esther Ndeti, Executive Director at EAVCA Basel Roshdy, Secretary-General at EPEA Tanya van Lill, Chief Executive Officer at SAVCA Moderator: Mark Griffiths, Director at Norton Rose Fulbright
36:38
September 23, 2020
Uniting Against the Impacts of COVID-19 - Fund Manager Perspectives
Uniting Against the Impacts of COVID-19 - Fund Manager Perspectives Speakers: Albert Alsina, Founder & CEO, Mediterrania Capital Partners Yomi Jemibewon, Managing Partner, CardinalStone Capital Advisors Adesuwa Okunbo Rhodes, Founding Partner & Managing Director, Aruwa Capital Management Karima Ola, Partner, LeapFrog Investments John Seymour, Head, Private Equity and Mezzanine Finance, Sanlam Investments Moderator: Geetha Tharmaratnam, CEO & Founding Partner, Aequalitas Capital Partners
57:29
August 26, 2020
Uniting Against the Impacts of COVID-19 - Legal Considerations
Uniting Against the Impacts of COVID-19 - Legal Considerations Speakers: · Geoffrey Burgess, Partner, Debevoise & Plimpton; · Pierre-Yves Denez, Senior Legal Counsel, Bpifrance; · Folake Elias-Adeowale, Partner, Udo Udoma & Belo-Osagie; · Mark Kenderdine-Davies, Chief Legal Officer, CDC Group; · Roddy McKean, Director, Anjarwalla & Khanna; · Rafik Mzah, Chief Legal Officer, AfricInvest; · Folasade Olusanya, Partner & Head, Corporate Commercial, Jackson, Etti and Edu; · Cindy Valentine, Partner, Simmons & Simmons;
01:00:28
July 29, 2020
Uniting Against the Impacts of COVID-19 - Investor Perspectives
Uniting Against the Impacts of COVID-19 - Investor Perspectives Speakers: · Carola Bose, Director & Head of Africa Funds, Equity & Mezzanine, DEG · Shruti Chandrasekhar, Head of SME Ventures, IFC · Papa Demba Diallo, Director-General, FONSIS · Alison Klein, Manager, Private Equity, FMO · Paulo Martelli, Director of Investments, FinDev Canada · Line Picard, Chief Private Equity Officer, AfDB · Stephen Priestley, Managing Director, Funds & Capital Partnerships, CDC Group Moderator: · Enitan Obasanjo-Adeleye, Head of Research and Training, AVCA
47:43
June 24, 2020
Venture Capital: Driving Innovation in Africa
Venture capitalists seeding tomorrow’s titans Speakers: · Grant Brooke, Executive Director, Twiga Foods · Maurizio Caio, Founder and Managing Partner, TLcom · Kenfield Griffith, Chief Executive Officer, mSurvey · Robert Zegers, Chief Investment Officer, African Development Bank Moderator: · Baba Alokolaro, Managing Partner, TNP
29:31
May 28, 2020
Blended Finance in Action
Examining the role of philanthropy, public and private capital to catalyse greater investment Speakers: · Ladé Araba, Managing Director for Africa, Convergence Finance · Anne-Marie Chidzero, Chief Investment Officer, FSD Africa · Dan Kranzler, Senior Partner, Capria Moderator: · Enitan Obasanjo-Adeleye, Director, Head of Research and Training, AVCA
26:29
April 29, 2020
Going Against the Grain
Going Against the Grain A conversation with commercial investors committed to Africa’s future Speakers: · Todd Micklewaite, Head of Distribution, Alternatives, Sanlam · David Moore, Head of Alternatives, Alexander Forbes · Charles Mwebeiha, Managing Director, Sango Capital · Anthony Hagan, Managing Director, Colonial Consulting Moderator: - Alexandre Alfonsi, Founding Partner, Axonia Partners
32:51
March 25, 2020
Mobilising Local Capital
Mobilising Local Capital Addressing the opportunities and challenges for African institutional investors. Speakers: · Henry Kyanda, Chief Executive Officer & Trust Secretary, Kenya Power Pension Fund · Hassane Muhieddine, Chief Executive Officer of the Financial Services Cluster, Axian Group · Richard Tusabe, Director General, Rwanda Social Security Board Moderator: · Hany Assaad, Co-Founder, Chief Portfolio & Risk Officer and Chief Compliance Officer, Avanz Capital
38:45
February 26, 2020
Spotlight on Africa’s Pioneer Investors
Spotlight on Africa’s Pioneer Investors Conversations with the trailblazers of the industry on their evolving role. Speakers: - Carola Bose, Director & Head of Africa Funds, Equity & Mezzanine Team, DEG/KfW - Worku Gachou, Managing Director, Africa, Overseas Private Investment Corporation - Adrian Kamenitzer, Director; Equity, New Products and Special Transactions Department, European Investment Bank - Carole Maman, Chief Investment Officer, Belgian Investment Company for Developing Countries - Stephen Priestley, Managing Director, Funds and Capital Partnerships, CDC Group Moderator: - Genevieve Sangudi, Managing Director, The Carlyle Group
46:26
January 29, 2020
Alpha or Diversification - Either or Both?
Investor Spotlight: Alpha or Diversification - Either or Both? Are African PE managers delivering out performance or offering diversification? Speakers: - Charles A. Burbridge, Executive Director, Chicago Teachers’ Pension Fund - David Ourlicht, Commissioner, New York State Insurance Fund and Chair, Investment Committee Moderator: - Papa Madiaw Ndiaye, Chief Executive Officer and Founding Partner, AFIG Funds
27:44
November 27, 2019
Spotlight on Gender Inclusiveness
Spotlight on Gender Inclusiveness: The Diversity Dividend Mobilising greater gender diversity in African private equity Introductory remarks by Ameya Upadhyay, Principal, Investments,Flourish Ventures Rose Goslinga, CEO and Co Founder, PULA ‘Tokunboh Ishmael, Chair, AVCA Board; co-Founder and Managing Director, Alitheia Identity
27:20
October 31, 2019
Why Africa? Why now?
Making the case for investing in private equity in Africa despite the perception of risk and uncertainty. Speakers: Antoine Delaporte, Managing Director at Adenia Partners Laurent Demey, Co-Founder & Managing Partner at Amethis Matthew Hunt, Principal at South Suez Capital Eric Idiahi, Co-Founder and Partner at Verod Capital Management Angela Miller-May, Chief Investment Officer at Chicago Teachers’ Pension Fund Moderator: Jennifer Mbaluto, Partner at Clifford Chance
31:26
September 24, 2019
A Good Company Always Attracts a Buyer
A Good Company Always Attracts a Buyer Examining pathways to liquidity via trade sales, secondaries and IPOs. Speakers: Hurley Doddy, Managing Director, Founding Partners & co-Chief Executive Officer, Emerging Capital Partners Ayisi Makatiani, Chief Executive Officer, Fanisi Capital Karima Ola, Partner, Leapfrog Carlos Reyes, Principal, IFC African, Latin American & Caribbean Fund Moderator: Geoffrey P. Burgess, Partner, Debevoise & Plimpton
54:51
August 20, 2019
Private Credit – An Alternative Financing Solution?
 Private Credit – An Alternative Financing Solution? Meeting the unique funding needs through private credit. Speakers: - Marvin Kiragu, Co-Founder and Managing Partner, Mizizi Capital Partners - Samia Tnani, Head of Credit Origination, AfricInvest - Ngalaah Chuphi, Partner, Ethos Private Equity Moderator: - William Pearce, Managing Director, Investment Funds, Overseas Private Investment Corporation  
28:05
July 16, 2019