The FT Africa Summit, now in its 5th year, will feature high profile speakers in business, politics and economics, as well as heads of state committed to making business central to their development goals. The Summit will conclude with the ever popular CEO panel with interviews by Lionel Barber, followed by the Summit Dinner providing a worthy networking opportunity for all participants.
FT Africa Summit 2018
Africa Means Business
H.E. Nana Akufo-Addo
President of the Republic of Ghana
Terra Kulture and BAP Productions
Summit Reception Sponsor
Welcome Drinks Sponsor
This year, the FT Africa Summit will focus on business and investment. After a few difficult years, the economic and business environment is improving in much of the continent. The cyclical upturn has been helped by political developments, particularly in southern Africa. The continent’s two biggest economies, Nigeria and South Africa, are out of recession. Other economies have benefited from improving commodity prices. And still others never slowed down at all. Though the froth has come off the Africa Rising narrative, there is much that is positive, from thriving tech hubs, mega industrial projects, improving infrastructure and a new emphasis on trade and investment. Many Africa-based companies are preparing IPOs.
As well as its usual mixture of business, politics and economics, this year there will be a special emphasis on Asian investments in Africa, not only from China, but also from countries such as Turkey, India, Lebanon, the Gulf States, South Korea and more. We’ll be inviting high-profile speakers in the field of business, economics and politics, as well as heads of state from countries committed to making business central to their development goals. The programme will also feature a number of cultural and artistic speakers, both to shake up the debate and to reflect Africa’s growing global influence in art, architecture, music and film. The FT Africa Summit has gone from strength to strength over the past few years and this year promises to be the hardest-hitting and most rewarding yet.
Nancy Kacungira is a multi award-winning BBC News presenter and correspondent with more than 12 years of media experience. As a speaker and moderator, Nancy has presented on some of the world’s biggest platforms including TedX, the World Economic Forum and a Presidential Debate. She holds a Masters degree in International Communications from the University of Leeds. With a background as an entrepreneur, Nancy co-founded the Blu Flamingo digital agency, which now operates in four African countries. One of her biggest commitments is towards championing diversity, balance and nuance in narratives about Africa.
H.E. Nana Akufo-Addo
H. E. Nana Addo Dankwa Akufo-Addo was sworn into office on 7th January, 2017, as the 5th President of Ghana’s 4th Republic.
He has been a prominent champion of human rights, rule of law, justice, freedom, and democracy in Ghana. Indeed, as a lawyer, he undertook many of the most important constitutional cases of the modern era in Ghana, which, inter alia, protected the independence of the judiciary, the right of the citizen to demonstrate without police permit, and the right of equal access of all political parties to the State-owned media.
Nana Akufo-Addo has held numerous positions, and played various active roles in the public life of Ghana. He was a three term Member of Parliament from 1997 to 2008. He served as Attorney General and Minister for Justice (2001-2003), and as Minister for Foreign Affairs from April 2003 to July 2007, both under the government of the former President of the Republic of Ghana, H.E. John Agyekum Kufuor.
On 23rd December, 2007, he was elected as the New Patriotic Party's presidential candidate. In the 2008 presidential election, Akufo-Addo led in the first round of voting, but failed to obtain the required 50%+1, pushing the election into a second round runoff between him and the National Democratic Congress candidate, the late John Evans Atta Mills, who eventually won with 50.23% as against Akufo-Addo’s 49.77% vote.
In 2010, he was elected presidential candidate of the NPP, but, again, lost the 2012 election marginally to the incumbent, the then President John Dramani Mahama. The NPP challenged the results of the election through a petition at the Supreme Court, losing by a 5-4 verdict. Akufo-Addo immediately accepted the decision, congratulated President Mahama, and called upon all NPP supporters to accept the decision, even though he and they all disagreed with it.
This act of statesmanship culminated in the African Union, the European Union, the United Nations, the United States of America, the Christian Council of Ghana and the Chief Imam of Ghana, amongst others, applauding Akufo-Addo for preserving Ghana’s peace, and maintaining Ghana’s status as a beacon of democracy in Africa.
Nana Akufo-Addo was, on 18th October, 2014, re-elected to lead the NPP into the 2016 general elections. He won the presidential election, after defeating the incumbent, President John Dramani Mahama. He obtained 53.85% of the total valid votes cast, as announced by the Electoral Commission, with 44.40% for the losing incumbent.
Bolanle Austen-Peters has a Master's degree in International Law from the London School of Economics and Political Science and a Law degree from the University of Lagos. She is the Founder of Terra Kulture: an educational and recreational organisation set up in 2003 to promote the richness and diversity of Nigerian Languages, Arts and Culture. With a Gallery, Theatre, Bookstore, Restaurant and Language School, Terra Kulture is the only comprehensive Arts Centre in Nigeria.
In its fifteen years of existence, Terra Kulture has organised over two hundred exhibitions, one hundred plays, seventy book readings and over ten thousand adults and children have attended its Language classes and excursions. In 2009 Terra Kulture established the TKMG Auction House In collaboration with Mydrim Gallery. The auction house has organised eight very successful art auctions.
Described by CNN as "the woman changing the face of theatre in Africa", Ms Bolanle Austen-Peters’ production company BAP Productions has enjoyed numerous accolades and reviews from international media houses including the BBC, SKY News and CNN amongst others.
From Theatre @ Terra initiative which started in 2007; co-producing over 100 plays, BAP Productions raised the bar in Nigeria's theatre industry having produced three world class Award Winning musicals: SARO the Musical, WAKAA! The Musical and Fela and the Kalakuta Queens. These shows have travelled to Europe and around Nigeria. It has also produced six other productions for notable blue chip companies in Nigeria.
Its first feature film was 93 Days, a film based on the true story of the Ebola crisis in Nigeria featuring: Danny Glover, Tim Reid and other Nigerian film stars, showed at virtually all international film festivals around the world and has won numerous awards.
Prior to setting up Terra Kulture, BAP Productions and TKMG Auction House, Ms Austen-Peters had worked as a Lawyer with the United Nations in Geneva, Switzerland, Ethiopia and Namibia. She returned to Nigeria in 2001 as Consultant to UNDP, Lagos. She is a public speaker on Entrepreneurship and has won numerous awards internationally and locally. She sits on many Boards in Nigeria.
A leading energy lawyer and a strong advocate for African entrepreneurs, NJ Ayuk is recognised as one of the foremost figures in African business today. A Global Shaper with the World Economic Forum, one of Forbes’ Top 10 Most Influential Men in Africa in 2015, and a well-known dealmaker in the petroleum and power sectors, Mr Ayuk is dedicating his career to helping entrepreneurs find success and to building the careers of young African lawyers. As founder and CEO of Centurion Law Group, a pan-African law firm, Mr Ayuk strives through his work to ensure that business, and especially oil and gas, impacts African societies in a positive way and drives local content development.He is the current chairman of the African Energy Chamber and author of Big Barrels: African Oil and Gas and the Quest for Prosperity.
Mr Ayuk graduated from the University of Maryland College Park and earned a Juris Doctor from William Mitchell College of Law and an MBA from the New York Institute of Technology.
Tony Blair served as Prime Minister of Great Britain and Northern Ireland from 1997 to 2007 - the only Labour leader in the party’s 100-year history to win three consecutive elections.
During his time in office, the UK economy enjoyed record growth. His government made major improvements in Britain’s public services, particularly healthcare and education, through a programme of investment and reform. Britain’s first ever statutory minimum wage was introduced. Prime Minister Blair led the successful London 2012 Olympics bid; and oversaw the peace process for Northern Ireland. He introduced the first elected Mayor for London, the Scottish Parliament, Welsh Assembly and Northern Ireland Assembly.
He was a staunch advocate of an interventionist foreign policy, in particular in Kosovo, Sierra Leone, Afghanistan and Iraq. He trebled the UK’s aid programme for Africa and introduced the first environmental programme in the UK to combat climate change.
Since leaving office Tony Blair has spent most of his time working on three areas: supporting African governments to deliver effectively for their people, working for peace in the Middle East, and countering extremism. He has established the Tony Blair Institute for Global Change to work on some of the most difficult challenges in the world today, including how the centre ground of politics renews itself with practical policy solutions.
H.E. Ali Bongo Ondimba
Ali Bongo Ondimba has been President of the Republic of Gabon since October 2009, having previously served as Minister of Foreign Affairs, Minister of Defence and a representative in the national assembly.
Under his presidency, the Gabonese government has been deliberate in seeking to grow the nation’s manufacturing and services sectors, reducing the nation’s reliance on revenues from crude oil. New ways have been found to leverage the country’s human and natural resources through initiatives that incentivise people to engage in agricultural production, manufacturing and helps them to benefit from vocational training. The president has set out a bold vision for industries like palm oil, where he sees potential to generate more revenue than crude oil. He has been deliberate in introducing the necessary reforms to laws, regulations and policies that facilitate enterprise while also protecting Gabon’s unique and pristine natural environment.
Mr Bongo is the serving Coordinator of the Committee of African Heads of State and Government on Climate Change (CAHOSCC). He was instrumental in launching the Africa Adaptation Initiative, which seeks to mobilise funds for climate change adaptation projects. He has said – ‘’Climate change is a security threat that Africans have had to deal with all of our lives. The solutions to climate change will not come from the West alone, countries like Gabon and the whole global south have an opportunity to lead in this transformation as well.’
Aliko Dangote is the Founder and President/Chief Executive of the Dangote Group, the largest conglomerate in West Africa, based in Nigeria. The Group, which has subsidiaries that cut across cement production, sugar refining and flour milling, is present in 17 other African countries. It has also diversified into other sectors including agriculture and energy, and is building the largest refinery, petrochemical and fertiliser complex in Africa. One of the Group’s subsidiaries, Dangote Cement Plc, is the largest listed company in West Africa and the first Nigerian company to join the Forbes Global 2000 Companies list. The Group is the second largest employer of labour in Nigeria outside the federal government.
Mr Dangote sits on the board of the Corporate Council on Africa, and is a member of the Steering Committee of the United Nations Secretary-General's Global Education First Initiative, the Clinton Global Initiative, the McKinsey Advisory Council, and the International Business Council of the World Economic Forum. He was named Co-chair of the US-Africa Business Center, in September 2016, by the US Chamber of Commerce. In April 2017, he joined the Board of Directors of the Clinton Health Access Initiative, which helps countries build the systems necessary to provide health services to their people.
A dedicated philanthropist, Mr Dangote made an initial endowment of $1.25 billion to the Aliko Dangote Foundation in March 2014, enabling it to scale up its work in health, education and economic empowerment. In addition, he is collaborating with the Bill and Melinda Gates Foundation to fight polio. He is also on the Board of ONE, the anti-poverty group, co-founded by Bono.
On November 14, 2011, the Nigerian Government conferred on him the Grand Commander of the Niger(GCON), becoming the first person outside government functionaries to bag the honour. In April 2014, TIME Magazine listed him among its 100 'Most Influential People in the World.
For five consecutive years, 2013 - 2017, Forbes listed him as the 'Most Powerful Man in Africa’ alongside the Egyptian President Abdel Fatteh el Sisi. He also made the list of CNBC's 'Top 25 Business men in the World' that changed and shaped the century. In 2017, he emerged among The Bloomberg 50, a new, yearly, multi-platform initiative that honours 50 icons and innovators who have changed the global business landscape in measurable ways. He was rated the most influential African by Jeune Afrique in their classification of the most influential 50 Africans in 2018.
Mr Dangote holds a Business Studies degree from Al-Azhar University Cairo, Egypt.
José de Lima Massano
José de Lima Massano is the Governor of the National Bank of Angola, a position he has held since October 2017, having previously been in the role between 2010 to 2015. Prior to this he was Head of the Executive Committee of BAI (Banco Angolano de Investimentos) between 2015 and 2017 and from 2006 to 2010, and was on the Board of Directors of Banco de Poupança e Crédito from 1999 to 2006. He started his career at Sonangol E&P in 1997.
Mr de Lima Massano earned his Master’s Degree in Accounting and Finance from City University, London in 1996, and an Accounting and Finance Degree from the University of Salford in 1995.
Jamie Drummond is an advocacy entrepreneur who co-founded ONE with Bono and other activists. ONE is a global pressure group with nearly 8 million members around the world, which campaigns against extreme poverty and for the transformation of developing economies and the achievement of the Sustainable Development Goals. Right now ONE is especially campaigning for investments into education, especially for girls in Africa; gender equality through enhanced education and health services for the most marginalised girls and women; and transparency in the extractives and financial services sector. Mr Drummond was previously the Global Strategist for Drop the Debt (which helped cancel $110bn of mainly African debt) and co-founder of DATA.org (which helped double smart aid, especially for the health sector and the fight against AIDS, and boost trade deals for Africa).
Hendrik du Toit
Hendrik du Toit is Joint Chief Executive Officer of Investec Group. Mr du Toit entered the asset management industry in 1988 and joined the Investec Group in 1991 as founding member of Investec Asset Management. Investec manages in excess of US$ 200 billion on behalf of its clients.
Mr du Toit has served on the Leadership Council of the Sustainable Development Solutions Network, a United Nations based initiative since 2014. In 2016 he became a Commissioner of the Business and Sustainable Development Commission. In 2016 he was appointed as a non-executive director of Naspers Limited, a cornerstone investor in Tencent Holdings. In May 2018, Mr du Toit also became a member of HM Treasury’s Belt and Road Initiative Expert Board.
Mr du Toit holds an MPhil in Economics and Politics of Development from Cambridge University, as well as an MCom in Economics from Stellenbosch University.
Mmete Petrus “Fusi” is the Chief Executive Officer of Transnet International Holdings, a wholly owned subsidiary of Transnet SOC Ltd with its own Board of Directors, established to pursue international growth opportunities in railways, ports and oil and gas infrastructure. Before joining Transnet Ltd in 2008, Mr Fusi spent more than 18 years working as a process engineer and a mineral
economist and strategist in South Africa. He was involved in a number of mineral policy formulation and strategies for South Africa and SADC. He played a critical role in facilitating the implementation of Nepad in mining including driving beneficiation projects for African Mining Partnership, a forum of African Mining Ministers.
Prior to being appointed to lead Transnet International Strategy, he led Transnet teams which proactively and strategically manage the impact of Economic Regulation on the business as well as establishing the Private Sector Participation unit to ensure that Transnet continues to develop a robust and sustainable execution strategy that provides a consistent and transparent platform to engage with the private sector.
Mr Fusi holds a BSc in Chemical Engineering, an MBA and a Harvard University Executive Programme on Infrastructure in a Market Economy. He is the Chairman of the Petroleum Agency of South Africa, a State Owned Company responsible for both onshore and offshore licensing for the exploration and exploitation of Oil and Gas in South Africa. He is also the Chairman of GABCON a container handling joint venture between Transnet and Botswana Railways.
Nisaba Godrej is the Executive Chairperson of Godrej Consumer Products. She has been a key architect of GCPL's strategy and transformation in the last decade. In 2007, she initiated and led Project Leapfrog, which created a playbook for GCPL to accelerate domestic organic growth through innovation and consolidation, and to become a more global company by investing in emerging markets outside of India. Over the last ten years, GCPL's market capitalisation has increased from USD
800 million to USD 11.4 billion today. Under Ms Godrej's leadership, GCPL has developed a very strong, engaged and ambitious team, and is consistently ranked as a great place to work. She has also institutionalised design driven thinking and directly leads product development.
Ms Godrej is passionate about identifying and developing the talent required for the Godrej Group's future growth. Through her oversight of the Group HR function for Godrej Industries and associate companies, she has made Godrej a more meritocratic and highly performance driven organisation, while keeping the Group's values front and centre. She has also spearheaded the Group's Good & Green agenda to drive more inclusive and sustainable growth. Her previous assignments within the Godrej Group have included the successful turnaround of Godrej Agrovet and the creation of a Group strategy function to oversee the Group's portfolio. In addition to GCPL, Ms Godrej is on the Board of Directors of Godrej Agrovet and Teach For India.
Ms Godrej has a BSc degree from The Wharton School at the University of Pennsylvania and an MBA from Harvard Business School.
Pravin Gordhan is an activist at heart. His involvement in the anti-apartheid struggle goes back to the 1970s and 1980s when he was an organiser in the student movement and a prominent leader in civic structures. After qualifying as a pharmacist in 1974, he worked at the Durban’s King Edward VIII hospital till 1981 but was expelled by the hospital due to his involvement in resistance politics. He spent four years underground in the 1980s during which time he became involved in the South African Communist Party and African National Congress.
Mr Gordhan played a pivotal role in South Africa’s transition as an ANC participant in the multi-party talks at the Convention for a Democratic South Africa (CODESA) and co-chair of the Transitional Executive Council. He chaired the Constitutional Committee, which had oversight over the implementation of the new Constitution, adopted in 1996. He continued to actively serve as an ANC MP until March 1998 when he joined SARS as Deputy Commissioner. He was appointed as Commissioner in November 1999. It is during the next decade that SARS was built into the reputable revenue service that is recognised world-wide, assisting the South African government to collect the resources it needed for its programmes.
In May 2009, Mr Gordhan was appointed the Minister of Finance serving the country with distinction during his tenure. In May 2014, he was appointed the Minister of Cooperative Governance and Traditional Affairs, however, in December 2015; he was recalled to serve as the Minister of Finance and remained in this post till 30th March 2017. He returned to the Legislature as a Member of Parliament and became part of the Portfolio Committee on Public Enterprises. He continues to serve as member of the National Executive Committee in the African National Congress from December 2012 and as a Member of Parliament of the Republic of South Africa.
Mr Gordhan is passionate about democracy, racial and gender equality and working to build a prosperous future for all in South Africa.
Dr Mo Ibrahim
Dr Ibrahim is the Founder and Chair of the Mo Ibrahim Foundation which he established in 2006 to support good governance and exceptional leadership on the African continent.
Sudanese-born, Dr Ibrahim has a distinguished business career. In 1989 he founded Mobile Systems International (MSI), a world leading cellular consulting and software provider and in 1998, Celtel International, one of Africa’s leading mobile telephone companies which pioneered mobile services in Africa.
Dr Ibrahim is also Founding Chairman of Satya Capital Limited, a private equity fund focused on Africa and Chairman of TPG-Satya, a Joint African Investment Alliance.
Yvonne Ike is a Managing Director and Head of Sub Saharan Africa (Ex-RSA) at Bank of America Merrill Lynch.
Yvonne has more than 20 years experience in the financial services, including capital markets operations and fixed income, derivatives and equities products. Over the course of her career, Yvonne has led senior teams in New York, Geneva, Hong Kong, Nigeria and South Africa.
Prior to joining Bank of America Merrill Lynch in September 2014, Yvonne was Chief Executive Officer at West Africa at Renaissance Capital, where she was responsible for the firm’s West Africa franchise covering Investment Banking and Securities Trading. From 1984 to 2009, Yvonne was a Managing Director at JP Morgan. She also worked as a partner at Africapital Management Limited from 2009 to 2011. Yvonne started her career as an auditor with Ernst and Young International.
Yvonne is a trustee of The Bridge Leadership Academy, Christopher Kolade Foundation and The Dangote Foundation. She is passionate about actively contributing to Africa’s development and is involved in several initiatives including African Gifted Foundation and Women for Women International.
Yvonne has received many international awards including being recognized by the Queen of England as one of the top 200 business women in the UK to make a significant impact in society during 2007.
Toni Kan holds both MA and BA degrees in English Literature from the universities of Lagos and Jos respectively. He worked as a journalist for 5 years post-graduation, and rose to the position of Editor at the age of 26 years before moving on to work in banking and telecoms.
Author of 5 critically acclaimed works of fiction and poetry including The Carnivorous City, Nights of the Creaking Bed and When a Dream Lingers Too Long. Mr Kan has ghost-written 5 biographical works.
He is co-founder of sabinews.com (the first Nigerian news website to be acquired by an investor) and thisislagos.ng, the go-to website for all things Lagos.
Affectionately referred to as Mayor of Lagos, Mr Kan is at work on Time Never Passes, another novel about Lagos.
He does not own a dog.
Yemi Lalude is a Managing Partner at TPG based in London, where he leads TPG Growth's investments in Africa and is a leader in emerging market investment activities in the TMT sector. Prior to joining TPG in 2015, Mr Lalude was Founder and Managing Partner of Adlevo Capital, a technology-focused investment firm in Africa. He holds degrees from the University of Lagos, Stanford University and Harvard University.
Jabulane (Jabu) Mabuza is the Chairman of Telkom SA SOC Limited. He is widely recognised as a successful entrepreneur. He retired from the position of Group Chief Executive of Tsogo Sun Holdings Ltd, and as Deputy Chairman of Tsogo Sun Holdings. Mr Mabuza is the current Chairman of the Casino Association of South Africa (CASA), President of Business Unity South Africa (BUSA), Executive Chairman of Sphere Holdings, Leader of the CEO Initiative, recently appointed as Chairman of the Africa portion of the merged Anheuser-Busch InBev and SABMiller. Appointed as Chairman of the Business Leadership South Africa (BLSA) on 20 October 2016.
Mr Mabuza has held a number of directorships within the Southern Sun and Tsogo Sun Groups. He has served on the Board of South African Tourism for nine years and as its Chairman, for six years, ending May 2012. He has also served on the Board of University of South Africa School of Business Leadership (SBL) and was Country Advisor to the Union Bank of Switzerland (UBS). He has served as a member and patron of the South Africa Day initiative (Citizens in Partnership with Government “CPG).
Mr Mabuza has presented several papers in Southern Africa, the United Kingdom, United States of America and Europe on Black Economic Empowerment Investment in South Africa, Small and Medium Enterprise Development and the Role of Business in Transition.
Outside of our South African boarders, he served on the boards of Tanzania Breweries Ltd (TBL), and Castle Brewing Company in Kenya. He has recently retired as Board member from the Corporate Council on Africa (CCA) in Washington DC and the World Travel and Tourism Council (WTTC) in England – UK as an Executive Committee Member. Appointed to the Concordia Leadership Council – USA. He is also the Chairman of the Regional Business Council for World Economic Forum (WEF).
Some of the Awards received among others include:
- The South African Minister of Tourism presented Mr Mabuza with the Lifetime Achiever Award, The Lilizela Tourism Award for his exceptional contribution to the tourism sector on 12 September 2013.
- On 17 October 2015 he received the Business Leader of the year Award at the South African of the Year (SATY Awards).
- Recipient of a Lifetime Achievement Award – EY World Entrepreneur Awards 2016 – Southern Africa on 29 November 2016.
- A Doctor of Commerce Degree (Honoris Causa) was awarded and conferred to him by the University of the Witwatersrand (WITS) at a Graduation Ceremony on 05 July 2017. In recognition of his sterling work in his achievements in entrepreneurship and his contribution to the growth of the South African economy.
Bernard Mensah is President of Europe, the Middle East and Africa (EMEA) and co-head of Global Fixed Income, Currencies and commodities (FICC) Trading at Bank of America Merrill Lynch.
Based in London, Bernard has jointly led the firm’s FICC Trading business globally since 2015, and assumed additional leadership responsibilities as the firm’s regional president in April 2018.
In his role as President of EMEA, Bernard is responsible for the execution and development of the bank’s strategy, business activities and support functions in the EMEA region. These span corporate, commercial and investment banking, treasury services and sales and trading. He is also responsible for ensuring the effective delivery of the broad Bank of America Merrill Lynch franchise to its corporate and institutional clients across the region.
Bernard chairs the firm’s EMEA Executive Committee and is a member of the Global Banking and Markets Committee internally. He also serves on the Financial Conduct Authority’s Markets Practitioner Panel externally.
Bernard has over 20 years global trading and investing experience. He was previously head of EMEA FICC Trading and global head of Emerging Markets FICC Trading. Bernard joined the firm in 2010 from Goldman Sachs, where he was a partner and global head of Bank Loan and Distressed Trading. Prior to this, he was based in Hong Kong and Tokyo where he ran the bank’s Asia Credit and Convertibles business.
Before joining Goldman Sachs in 2000, Bernard worked as a Fixed Income Trader for Credit Suisse Financial Products in Europe and Asia, and for PricewaterhouseCoopers in audit and corporate finance.
Bernard received his BA in Social Sciences at the Joint School of Philosophy and Economics at the University of Bristol in 1989. He is a qualified chartered accountant and became a member of the Institute of Chartered Accountants England and Wales in 1992. Bernard sits on the Development Committee of the Royal Opera House.
Hon Prof Mthuli Ncube (born 1963), was appointed Minister of Finance in Zimbabwe in September 2018 under President Emmerson Mnangagwa's government. He is past chief economist and Vice President of the African Development Bank. He holds a PhD in Economics (Mathematical Finance) from Cambridge University.
As Chief Economist and Vice President of the African Development Bank he was responsible for the Economics Complex, which is focused on the process of knowledge management within the Bank and with its partners, and general strategic economic research within the Bank. In this regard, he supervised the Development Research Department, Statistics Department and African Development Institute. As a Vice President, Hon Prof Mthuli Ncube was a member of the senior management team of the Bank and contributed to its general strategic direction.
Before joining the African Development Bank, he was dean and professor of finance at Wits Business School and then dean of the faculty of Commerce, Law and Management at the University of the Witwatersrand as well as a lecturer in finance at the London School of Economics.
He has published a number of award-winning papers in the area of finance and economics as well as fourteen books.
Hon Prof Ncube was also a regulator and a board member of the South African Financial Services Board, which regulates non-bank financial institutions in South Africa, founding chairman of Barbican and Selwyn Capital and worked for Investec Asset Management as a Portfolio Manager and Head of Asset Allocation Strategy.
Hon Prof Ncube is also Chairman of the Board of the African Economic Research Consortium, chairman of the Global Agenda Council on "Poverty and Economic Development" at the World Economic Forum and a Board member of the African Capacity Building Foundation.
Amaechi is a partner in Grant Thornton UK LLP and head of the firm’s Africa Business Group where he coordinates a market- leading team geared to help businesses appraise opportunities and navigate risk across sub-Saharan Africa, as well as raise capital in the UK and internationally.
Amaechi has considerable experience supporting stressed and distressed companies in addressing their financing requirements. His specialism is working in syndicated lending situations and negotiating consensual financing agreements between companies and financial stakeholders.
For more than 15 years, He has advised lenders and companies on multiple challenging and high-profile projects in Europe and Africa. Amaechi particularly thrives on challenging situations that require innovative solutions.
He has worked extensively on international assignments with a special focus on the natural resources sector and continues to lead the delivery of a broad range of advisory services to companies, lenders and investors doing business in Africa.
Amaechi is happily married with two young daughters.
Ken Ofori-Atta is Ghana’s Finance Minister after having been sworn-in on January 27, 2017, by his Excellency President Nana Akufo-Addo.
Ken is also Co-Founder and former Executive Chairman of the Databank Group (an investment banking firm) in Ghana. He was the Executive Chairman from 1990 until his retirement on February 14, 2012. Databank is a financial services firm that has over the last 25 years been leaders in the development of Ghana’s Stock Exchange, the capital markets, the pensions, asset management, private equity and insurance industry across Africa. He has been chair and director of Banks and Funds in Ghana, Liberia, Gambia, Rwanda and Mauritius. Prior to co-founding Databank in 1990, Ken was an investment banker at Morgan Stanley and Salomon Brothers on Wall Street in New York.
He went to Achimota Secondary School in Ghana; received a BA in Economics from Columbia University in New York in 1984, and an MBA from the Yale School of Management.
Ken was the first African to be honoured as a Donaldson Fellow at Yale University in 2010, as a John Jay Fellow at Columbia University in 2011 and also as a Henry Crown Fellow of the Aspen Institute. He is a Co-Founder of the Aspen African Leadership Initiative. Ken was also the first African to testify at the US Congress Ways and Means Committee to support the AGOA law in 1999. He was twice honoured by PriceWaterHouse Ghana as one of the Top 5 Most Respected CEOs in Ghana. Ken’s hallmark book in Leadership, Entrepreneurship and Values has been much acclaimed by young entrepreneurs.
Ken is married to Prof. Angela Ofori-Atta of the University of Ghana Medical School. They are practicing Christians, they have four children and they live in Accra, Ghana.
Tayo Oviosu is the founder & CEO of Paga, Nigeria’s leading mobile money service. Prior to Paga, Mr Oviosu was Vice-President at Travant Capital Partners, a private equity fund in West Africa. Prior to joining Travant, he was a Manager, Corporate Development, at Cisco Systems in San Jose California. Mr Oviosu's work at Paga has been recognised globally - in 2014 CNBC selected Mr Oviosu as the Entrepreneur of the Year West Africa, and in 2015 the African Leadership Network selected Paga as the outstanding growing company of the year in Africa. Mr Oviosu is an angel investor in ReelFruit, a fruit processing agribusiness; and ChopUp, a mobile gaming start-up. He is also the co-founder of Kairos Angels, an angel investment club.
Mr Oviosu earned his Bachelors of Science degree in Electrical Engineering, cum laude, from the University of Southern California and also has a Masters in Business Administration from the Graduate School of Business, Stanford University.
Kash Pandya has been Chief Executive Officer of Helios Towers since July 2015.
Previously, he spent eight years with Aggreko plc, where he sat on the Board, running the European Business for three years. He was also Managing Director of Aggreko International for five years, with responsibility for Africa, South America, Central America, India, Asia, Australasia and the Middle East. In this role, Kash oversaw a doubling in size of Aggreko’s international business, heading up launches in over 10 African countries.
Kash began his career at the age of 16 through an engineering apprenticeship. He then went on to complete a Bachelor’s degree in Technology Engineering and a Master’s in Manufacturing.
In 1989, he began his progression through leading engineering and manufacturing companies, starting at Jaguar before moving to roles within General Electric and Caradon. In 1999, Kash joined APW to lead all operations outside the United States, taking the business through a process of re-engineering and consolidation across 23 factories.
In 2004, he became the CEO of Johnston Group, a publicly quoted company, leaving the business on its sale to Ennstone plc.
Elizabeth Rossiello is the CEO and founder of BitPesa, a digital foreign exchange and payment platform for 8 markets across Africa and Europe. Founded in 2013, BitPesa was the first company to leverage digital currency to significantly lower the cost of making remittance and business payments to and from sub-Saharan Africa, as well as the first blockchain company to be licensed by the UK's Financial Conduct Authority. Before BitPesa, Ms Rossiello was a rating analyst for microfinance institutions across sub-Saharan Africa, working with regulators and policy-makers on legislation for financial innovations.
Ms Rossiello sits on the Investment Committee for Bamboo Capital and the World Economic Forum's Future Council on Blockchain.
She is a graduate of Columbia University's School of International and Public Affairs.
Dr Abubakar Bukola Saraki is the President of the 8th Senate of the Federal Republic of Nigeria. He is currently serving a second term as Senator representing Kwara Central in the National Assembly of Nigeria. Prior to this Dr Saraki had served two four year terms as the Governor of Kwara State, North Central Nigeria.
He was elected on the platform of the All Progressives Congress (APC) in 2015 and his work has centered around the Senate Legislative Agenda, focusing on three broad areas: Improving Livelihoods, Improving Governance and, Improving Business. In his first term as Senator of the Federal Republic, Dr Saraki served as the Chairman of the Senate Committee on Environment and Ecology, and member of the Senate Committees on Capital Markets and Finance.
In September 2011, he set in motion the process that led to exposing one of the biggest acts of political corruption in Nigeria’s history, uncovering an illegal fuel subsidy expenditure of $10 billion (about N2 trillion), well over the National Assembly budget of N240bn. N550b was subsequently recovered from marketers.
Dr. Saraki established the Kwara International Diagnostic Centre as one of the earliest efforts to reverse medical tourism in Nigeria and launched various programs to reduce maternal and child mortality in the State. He also introduced free healthcare to all children under the age of five and pregnant women; the first-ever Community Health Insurance Scheme for individuals for under $1 per year winning in partnership with the Dutch charity Pharm Access, the Financial Times/International Finance Corporation award for improving access to primary healthcare in rural regions, in addition to other programmes.
Earlier in his career he served as Special Assistant on Budget to President Olusegun Obasanjo, initiating the Fiscal Responsibility Bill as well as serving on the Economic Policy Coordination Committee, where he was responsible for the formulation and implementation of key economic policies for Nigeria. He has had considerable experience in the banking sector serving as the Executive Director of the former Societe Generale Bank until 2000.
He studied at the London Hospital Medical College, London, obtaining an M.B.B.S in 1987. He holds the traditional title of the Turaki of Ilorin, conferred on him by the Emir of Ilorin, Alhaji Ibrahim Zulu-Gambari in 2009. He was also the first serving Governor to be awarded the national honour of Commander of the Order of the Niger (CON) 2010.
In 2018, Dr. Saraki declared his intention to vie for the Office of President of Nigeria, under the People’s Democratic Party (PDP).
Ricardo Soares de Oliveira
Ricardo Soares de Oliveira is Professor of the International Politics of Africa at the Department of Politics and International Relations, University of Oxford, a fellow of St Peter’s College, and a fellow at the Global Public Policy Institute in Berlin. He is the author of Magnificent and Beggar Land: Angola Since the Civil War (2015) and Oil and Politics in the Gulf of Guinea (2007) and the co-editor of China Returns to Africa (2008). Mr Soares de Oliveira has conducted extensive fieldwork in Africa with a focus on governance and the extractive industries as well as African-Asian relations. He has worked with the World Bank, the European Commission, Catholic Relief Services, the National Democratic Institute and Oxfam.
Venkataramani Srivathsan (“Sri”) joined Olam International in 1994 and has more than 25 years of experience in the commodities industry. He has held various positions in the Olam group, including country head, Ghana; country head, Nigeria; and regional head, West and Central Africa. Currently, he is the managing director and CEO for Africa and the Middle East, with oversight responsibility for the fertiliser business.
Mr Srivathsan belongs to the 12-member executive committee that is Olam’s top policymaking body, and is a member of its human resource and crisis committees. He is also the vice-chairman of the Singapore Business Federation, a member of the NTU-SBF Centre for African Studies executive committee as well as on the advisory board of the Pan African University Lagos (Lagos Business School).
With over 20 years of pan-African experience, Mr Srivathsan has presented many papers on small holder farmer in the Pan African forums. He has also been part of the advisory committees for the ministry of agriculture and the ministry of trade and industry in Nigeria. Under his leadership, Olam Nigeria won several international and national awards. He was awarded a prestigious World Business for Peace Award in 2010.
Savita Subramanian is the head of U.S. Equity & Quantitative Strategy at Bank of America Merrill Lynch Global Research. She is responsible for recommending U.S. sector allocations for equities and determining forecasts for the S&P 500 and other major U.S. indices, as well as developing and marketing the firm’s quantitative equity strategy to institutional and individual clients.
Ms Subramanian has been with the Quantitative team since 2001, and her team is ranked in the Institutional Investor and Greenwich surveys. Prior joining the firm, she was an analyst at Scudder Kemper Investments in New York and San Francisco.
Ms Subramanian frequently appears in television and print journalism and is a regular guest speaker at financial conferences. She is on the membership committee of Q Group and is a member of the Chicago Quantitative Alliance, the Society of Quantitative Analysts and Women on Wall Street.
Ms Subramanian received a bachelor’s degree with a double major of mathematics and philosophy with honours from University of California at Berkeley, and an MBA with a concentration in finance from Columbia University. She remains actively involved in the Columbia Business School alumni organisation.
A graduate of Saint Joseph French High School, Cüneyt Uygun obtained a Bachelor’s degree in Mathematics and a Master’s degree in Economics from Boğaziçi University. After undertaking a variety of management positions at Türkiye Sınai Kalkınma Bankası, Efes İçecek Group and Turkcell, Mr. Uygun was appointed Chief Financial Officer (CFO) for Turkcell’s operations in Ukraine. After joining Kazancı Holding in 2010, he was appointed as CEO at Aksa Energy in 2013. Mr. Uygun has also been serving as a Member of the Board of Directors at the Company since 2015.
Samaila D Zubairu
Samaila Zubairu is AFC's President and Chief Executive Officer. Prior to his appointment, Mr Zubairu was the CEO of Africapital Management Limited, in which capacity he established a joint venture with Old Mutual’s African Infrastructure Investment Managers (AIIM) to develop the Nigerian Infrastructure Investment Fund1(NIIF1) for infrastructure private equity across West Africa.
As Chief Financial Officer for Dangote Cement Plc, he launched Africa’s largest syndicated project finance facility for the Obajana Cement project and managed the unbundling of Dangote Industries Limited to listed subsidiaries on the Nigerian Stock Exchange. Prior to that, he was the Treasurer for the Dangote Group during its transformation from a trading company to an industrial conglomerate. He has undertaken investments of over US$3 billion, financing green-field project finance, acquisitions, corporate transformation, privatisation and equity capital market transactions.
Mr Zubairu is an Eisenhower Fellow and sits on the Eisenhower Fellowship’s Global Network Council and the President’s Advisory Council. He holds several non-executive board positions including: The Advisory board member for KSE Africa, a leading operations and management provider of captive power plants in the mining sectors in Botswana and Nigeria; Vice chairman of Afrigem Investment Limited, a development and investment company providing energy solutions in emerging markets. Mr Zubairu is a Fellow of the Institute of Chartered Accountants, Nigeria (FCA)and holds a BSc in Accounting from Ahmadu Bello University, Nigeria.
Chaired By (2)
Lionel Barber is the Editor of the Financial Times. Since his appointment in 2005, Mr Barber has helped solidify the FT’s position as one of the first publishers to successfully transform itself into a multichannel news organisation. During his tenure, the FT has won numerous global prizes for its journalism, including Newspaper of the Year, Overseas Press Club, Gerald Loeb and Society of Publishers in Asia awards.
Mr Barber has co-written several books and has lectured widely on foreign policy, transatlantic relations, and European security and monetary union in the US and Europe, and appears regularly on TV and radio around the world. As Editor, he has interviewed many of the world’s leaders in business and politics, including US President Donald Trump, President of the European Commission Jean-Claude Juncker, Chancellor Angela Merkel of Germany, and President of Iran, Hassan Rouhani.
Mr Barber has received several distinguished awards, including the St George Society medal of honour and the Legion d’Honneur for his contribution to journalism. In February 2018 he received The Media Society's Annual Award.
He serves on the Board of Trustees at the Carnegie Corporation of New York and is Chairman of the Tate.
David Pilling is the Africa Editor of the FT. Previously he was the Asia Editor (2008-16), Tokyo Bureau Chief (2002-08), Pharmaceuticals Correspondent (1999-2001), Deputy Features Editor (1997-99) and Chile/Argentina Correspondent (1993-97). He is the author of Bending Adversity: Japan and the Art of Survival (Penguin, 2014) and The Growth Delusion (Bloomsbury, 2018).
FT Contributors (3)
John Aglionby has been the Financial Times’ Assistant UK News Editor since returning from a three-year posting as East Africa Correspondent in August. In Africa he covered 13 countries from Nairobi. Mr Aglionby joined the FT in 2006 as Jakarta Correspondent before moving to London in 2009 to the world news desk as International Economy News Editor. In 2013 Mr Aglionby moved to the main news desk as a Senior Reporter and News Editor on the live news desk, where he was at the heart of the team that implemented the FT’s transition to a digital first news organisation. Before working for the FT, Mr Aglionby was the south-east Asia Correspondent for the Guardian and the Indonesia Reporter for the Economist.
Neil Munshi is the West Africa correspondent for the Financial Times, based in Lagos, Nigeria. He covers the business, economics, politics, security and culture of a region that stretches from Mauritania to Gabon to Chad and Cameroon (and all of Ecowas in between), with a particular focus on Nigeria. He was previously a reporter in New York, where he wrote primarily about race and edited daily newsletters on M&A and general news. Before that, he was the paper’s Chicago bureau chief – covering heavy industry, manufacturing, Midwestern companies, economics, politics, the Detroit bankruptcy and the Black Lives Matter movement – and a correspondent in Bombay, covering the Indian economy and manufacturing. Prior to that, he was an assistant editor and features writer for the Indian-edition of GQ, a reporter-at-large for the Times of India and a health/science reporter for the Boston Globe. He graduated magna cum laude with a dual degree in journalism and literature from the University of Minnesota, where he was managing editor of the nation’s largest college newspaper. He is a graduate, with honors, of the Columbia Graduate School of Journalism.
Tom Wilson is East Africa Correspondent for the Financial Times based in Nairobi. He's written about business and politics in sub-Saharan Africa for the last decade, as a journalist, political analyst and investment adviser. Prior to joining the Financial Times he worked with Bloomberg as a foreign correspondent in the Democratic Republic of Congo and then in London. He has advised many of the biggest investors on the continent and written widely about the intersection between business, politics and resources.
Agenda - 7th Oct
6:30pmSummit Welcome Reception
Agenda - 8th Oct
Lionel Barber, Editor, Financial Times.
Bernard Mensah, President of EMEA, Bank of America Merrill Lynch
Opening Keynote & Conversation
H.E. President Nana Akufo-Addo, President of the Republic of Ghana
in conversation with Lionel Barber, Editor, Financial Times
9:45amInvestors from the East: Africa and Asia
It has long been recognised that China’s increasing presence in Africa is reshaping the continent. But there are many other Asian actors, both private and public, that are investing in and trading with Africa. This panel will explore the new dynamic of business ties with Asia and the Middle East: Countries as diverse as Turkey, India, Japan, Korea, Lebanon, the Gulf States and, of course, China itself. Investors in the continent who do not understand this new dynamic are only seeing half the picture. This panel will help complete the story.
Moderator: David Pilling, Africa Editor, Financial Times
H.E. Ali Bongo Ondimba, President, Republic of Gabon
Ken Ofori-Atta, Finance Minister, Republic of Ghana
Nisaba Godrej, Executive Chairperson, Godrej Consumer Products
Venkataramani Srivathsan, Managing Director & CEO, Africa & Middle East, Olam Group
Cüneyt Uygun, Chief Executive Officer, Aksa Enerji
Aliko Dangote, President and Chief Executive, Dangote Group
in conversation with Lionel Barber, Editor, Financial Times
11:30amChanging of the Guard in Southern Africa
Last year witnessed extraordinary events in three countries in Southern Africa, producing changes of both personnel and policy direction that reverberated around the continent and beyond. In Angola, what appeared to be a choreographed change of president with the retirement of Jose Eduardo dos Santos has led to a genuine shake-up of the political system, with potentially huge implications for everything from oil production to social development. In Zimbabwe, Robert Mugabe, an iconic figure, was finally forced to step down, ushering in optimism about the prospects for business, investment and economic progress in one of the continent's most under-performing countries. And in South Africa, after years of controversy surrounding the presidency of Jacob Zuma, Cyril Ramaphosa has replaced him as president and an era of what some are calling “Ramaphoria” has begun. The FT will gather a panel of leading players from the thick of the action to discuss what it all means.
Moderator: Nancy Kacungira, Presenter & Correspondent, BBC
Pravin Gordhan, Minister of Public Enterprises, Republic of South Africa
Hon. Professor Mthuli Ncube, Minister of Finance & Economic Development, Republic of Zimbabwe
Hendrik du Toit, Joint CEO, Investec Group
Pravin Gordhan, Minister of Public Enterprises, Republic of South Africa
Ricardo Soares de Oliveira, Associate Professor of African Politics, University of Oxford
Hon. Professor Mthuli Ncube, Minister of Finance & Economic Development, Republic of Zimbabwe
Tony Blair, Executive Chairman, Institute for Global Change; Former Prime Minister of Great Britain and Northern Ireland
in conversation with Lionel Barber, Editor, Financial Times
2:00pmKeynote Address and Conversation
H.E. Ali Bongo Ondimba, President, Republic of Gabon
with Lionel Barber, Editor, Financial Times
African nations are making real, if step-by-step, progress to integrate their markets and increase the amount of interregional trade. But nothing will happen unless the continent can build the infrastructure to match. Domestically, as well as regionally, countries need roads, power and ports if their ambitions for economic development, including processing and manufacturing jobs, are to rise above empty rhetoric. Some of this can be built through traditional means; other pieces of the puzzle will need innovative thinking, both technologically and financially. Infrastructure is a perennial theme – but with good reason. The FT will deliver a high-powered discussion that cuts through the usual niceties.
Moderator: Tom Wilson, East Africa Correspondent, Financial Times
NJ Ayuk, Chief Executive Officer, Centurion Law
Yvonne Ike, Managing Director and Head of Sub-Saharan Africa (Ex-RSA), Bank of America Merrill Lynch
Kash Pandya, Chief Executive Officer, Helios Towers
Mmete Petrus Fusi, Chief Executive, Transnet International Holdings
Samaila Zubairu, President & Chief Executive Officer, Africa Finance Corporation
Toni Kan, Author
with David Pilling, Africa Editor, Financial Times
4:00pmInterview with the Governor of the Central Bank of Angola
Dr José de Lima Massano, Governor, Banco Nacional de Angola
with Lionel Barber, Editor, Financial Times
In recent years, global investors have been realising the financial rewards that socially responsible capitalism can produce, with many ethically driven investments outperforming traditional ones. In Africa, ESG has long been at the heart of many equity investments in large part thanks to the role that development finance institutions played in growing the continent’s private sector. From private equity to public offerings, this panel will explore what opportunities Africa has to offer investors and the impact this type of financing is having on the continent.
Moderator: John Aglionby, Assistant UK News Editor, Financial Times
Jamie Drummond, Co-Founder & Chief Strategy Officer, ONE
Yemi Lalude, Managing Partner, TPG Africa
Amaechi Nsofor, Partner & Head of Africa, Grant Thornton
Savita Subramanian, Head of US Equity & Quantitative Research, Bank of America Merrill Lynch
5:00pmThe CEO Panel
Always a highlight, this year Lionel Barber, the FT’s editor, will interview a group of chief executives from the world of high tech to find out how they are shaking up their respective business environments. As usual, the panel promises humour, controversy and real insight.
Moderator: Lionel Barber, Editor, Financial Times
Bolanle Austen-Peters, Founder, Terra Kulture & BAP Productions
Jabu Mabuza, Chairman, Telkom SA
Tayo Oviosu, Founder, CEO, Paga
Elizabeth Rossiello, CEO, BitPesa
5:40pmClose of Summit
Lionel Barber, Editor, Financial Times and Bernard Mensah, President of EMEA, Bank of America Merrill Lynch
Dinner Keynote Speaker
Dr Mo Ibrahim, Founder and Chair, Mo Ibrahim Foundation
Who Attends the Summit
Senior level executives from:
- Financial Services
- Basic Resources
- Consumer Goods
- Industrial Goods and Services
- Technology companies
- Consultants, lawyers, accountants and advisors
- Government bodies and non-profit organisations
- Yemi Osinbajo, Vice President, Federal Republic of Nigeria
- Isabel dos Santos, Chairperson, Sonangol
- Aliko Dangote, President/Chief Executive, Dangote Group
- Tutu Agyare, Managing Partner, Nubuke Investments LLP
- Bibi Bakare-Yusuf, Co-Founder and Publishing Director, Cassava Republic Press
- Mobolaji Balogun, Chief Executive Officer, Chapel Hill Denham
- Pierre Barbe, Head of Africa, Vitol
- Herman Chinery-Hesse, Chairman, TheSOFTtribe Ltd
The confirmed venue will be sent on your confirmation email, should you register for the Summit.
The venue will be in Central London.
The Financial Times is one of the world’s leading business news organisations, recognised internationally for its authority, integrity and accuracy. The FT has a record paying readership of one million, three-quarters of which are digital subscriptions. It is part of Nikkei Inc., which provides a broad range of information, news and services for the global business community.
Platinum Sponsor (1)
At Bank of America Merrill Lynch, we are committed to doing what’s right for our clients, investing in communities, and strengthening economies. We operate in over 200 territories and 140 currencies, serving companies and institutions.
We develop actionable insights, based on our deep experience, in-depth research and broad perspective. Beyond ideas, we partner with our clients to deliver powerful solutions. We offer a full range of banking, investment management and risk management products and services that help clients thrive in a changing world.
From local communities to global markets, we are dedicated to shaping the future responsibly.
Gold Sponsor (2)
Grant Thornton is a global network of independent assurance, tax and advisory firms, made up of 50,000 people in over 140 countries. For more than 100 years, we have helped dynamic organisations unlock their growth potential and realise their strategic ambitions. Our brand is recognised and respected the world over. Whether you’re looking to finance growth, manage risk and regulation, optimise your operations or realise stakeholder value, we can help you. We balance a desire to do what’s best for you in the future with an instinctive sense of what’s going to help you now. We have the global scale to meet your changing needs, but with the insight and agility that helps you stay one step ahead.
Privately owned enterprises, listed companies and public sector organisations come to us for our global scale, quality, industry insight and deep technical expertise. But what sets us apart is our distinctive client experience which leads to more meaningful advice and a better working relationship. We discover what’s important to you and make it important to us.
In Africa, we have a strong and growing footprint with 41 member firm offices in 24 countries and over 2600 people covering the Anglophone, Lusophone and Francophone speaking regions. The UK firm’s Africa Business Group collaborates with the African network and the wider global network to provide a seamless and streamlined service to you, whatever your business needs may be in the region.
The Africa Business Group consists of experts from a variety of backgrounds, offering a broad range of services spanning the life cycle of an investment with a particular focus on asset tracing and recovery; dispute resolution, forensic investigations; corporate finance; valuations; due diligence; debt advisory; public company advisory; and restructuring.
We work across sectors with deep sector expertise in financial services; mining; energy; oil & gas; and public sector. With a balance of local market knowledge and strong global expertise, we are well positioned to help you understand and navigate the opportunities and challenges of operating in Africa.
Grant Thornton UK LLP is a Grant Thornton member firm led by 185 partners with over 4500 people. Our underlying purpose, wherever we operate, is to build a vibrant economy, based on trust and integrity in markets, dynamic businesses, and communities where businesses and people thrive.
In order to capitalise on a burgeoning global market, Transnet launched its international unit, Transnet International Holdings (TIH) in 2018. TIH is ideally positioned as a vehicle through which the company aggressively engages in international business activities.
The new unit affords a unique opportunity to accelerate efforts to extend the company’s footprint in the fast-growing regions of Africa, the Middle East and South Asia. Lead by a team of experts, TIH has extensive experience, deep capabilities and a superb knowledge of the logistics supply-chain arena.
As such, it is ideally positioned to package and deliver end-to-end logistics solutions, which are competitive, innovative and technology-driven for the international market, servicing the rail, ports and pipeline sectors. Together with its global partners, TIH aims to offer a compelling one-stop-shop for a broad and dynamic range of logistics services within its global logistics footprint in the fast-changing 4PL sector.
Legal Partner (1)
Centurion Law Group is a pan-African corporate law conglomerate. Operating at the cutting edge of business practices today, Centurion stands ready to provide outsourced legal representation and a full suite of legal services to new, expanding and established corporations. From our headquarters in Johannesburg, South Africa, and from our offices in Malabo, Equatorial Guinea; Accra, Ghana; and Douala, Cameroon, we specialize in assisting clients that are starting or growing a business on the continent. We navigate the regulatory environments of Africa’s different legal jurisdictions to make sure that you can do business efficiently and successfully. Across Africa, Centurion provides a service tailored to your operating environment, the nature and structure of your business, your level of risk tolerance, and your overall objectives.
Centurion Law Group has established itself as a leading legal advisor for the African energy industry. Our Energy Practice boasts of highly qualified international lawyers from across Africa with several combined years of in-depth expertise in upstream, midstream and downstream oil and gas legal practice. Our team takes pride in providing clients, from government institutions to global oil companies, with first-in-class counsel throughout the life of commercial transactions. We also offer comprehensive legal and strategic advice to solve complicated issues in the field of privatization, financing, judicial and extra-judicial investment protection, compliance with government regulations and legislation, among many others. We consistently set our services apart by ultimately helping clients achieve their unique business and organizational objectives through strategic planning, industry-specific knowledge sharing, and collaborative capacity development, where it is needed.
Summit Reception Sponsor (1)
Fraym is a geospatial data company that delivers hyper-local insights for 50+ African countries. Our platform helps fast-growing companies, development organizations, and government agencies answer high-priority questions about where to focus and how to reach specific populations. Using cutting-edge technology, Fraym delivers customized analysis with unprecedented accuracy and speed.
Fraym's leadership has focused on the African continent for decades, holding senior positions in The White House, the African Development Bank, the Center for Global Development, and the ONE Campaign. From offices in Lagos, Nigeria, Nairobi, Kenya, and Washington, D.C., Fraym is committed to empowering African businesses and communities through precise, localized data.
Welcome Drinks Sponsor (1)
Eurasian Resources Group (ERG) is a leading diversified natural resources group with fully integrated mining, processing, energy, logistics and marketing operations.
Active in 15 countries across four continents, the Luxembourg-headquartered company employs more than 85,000 people. ERG is a global leader in ferrochrome production by chrome content and a major supplier of alumina and aluminium, iron ore and coal. In the Republic of Kazakhstan, ERG represents one third of the metals and mining industry and provides electric power distribution and logistics services.
With assets in Africa, ERG is also a major cobalt and copper producer. ERG’s project in the Democratic Republic of the Congo (DRC), Metalkol Roan Tailings Reclamation (Metalkol RTR), is a cutting-edge reprocessing facility to decontaminate old copper and cobalt tailings from previous mining operations in the country. At full capacity, Metalkol RTR will produce up to 24,000 t/y of cobalt, enough to build more than three million electric vehicles per annum and making ERG well positioned to become one of the largest suppliers of cobalt to China.
Chambishi Metals, ERG’s smelter in the Republic of Zambia, is one of the biggest standalone cobalt metal producers in the world and the only operation that produces both cobalt and copper cathodes registered on the London Metal Exchange.
ERG is committed to the sustainable production of cobalt and is a founding member and partner of the Global Battery Alliance, a World Economic Forum initiative aimed at achieving a responsible supply chain for the battery sector. Committed to helping local communities to take children out of artisanal mining, ERG supports the education of more than 11,000 children and provides alternative livelihoods in the DRC.
Supporting Partners (6)
Africa Matters Ltd (“AML”) is an Africa focused commercial consultancy. We provide assistance and advice to a range of businesses investing and operating across Africa. AML provides a variety of services to companies across numerous sectors and our work is underpinned by a belief in the importance of private sector investment in Africa’s development. AML specialises in advising companies on how to navigate complex political relationships and gain a better understanding of governments and policies whilst providing assistance with market entry strategies, political risk mitigation and an understanding of the numerous complexities and cultures present on the African continent.
Business Times Africa (BT) Magazine is a monthly publication with in-depth coverage and analysis of pertinent economic and financial issues in Africa. Business Times Africa magazine covers key areas such as politics, economics, finance and insurance, commerce and industry, science and technology, safety and security, hotel, tourism and leisure, infrastructure, agriculture, mining, transport, social and other topics that are important to Africa’s broad socioeconomic development.
Business Times Africa is read by key decision makers in the private and public sectors throughout West Africa, East and Southern Africa. Some distribution channels of the BT Magazine include subscriptions, news-stands, magazine vendors, and hotels, as well as at business conferences and exhibitions. With a growing circulation and currently at 80,000 copies per month, the magazine has a readership of an estimated 180,000 per edition.
We aim at being the industry leader in producing Pan-African publications, giving our readers a real window into Africa and telling Africa’s story from the perspective of its citizens.
The BT Magazine is a subsidiary of the Business & Financial Times Group, a Ghanaian company, that publishes the Business & Financial Times (B&FT) newspaper, the quarterly Pan African Energy Today Magazine, B&FT Weekend and B&FTOnline.
Aside the publication of newspapers and magazines, the Group is also involved in event management, organising major international and local conferences, exhibitions, awards and seminars under the subsidiary, BIA Conferences.
The Business Year (TBY) is a global media group specializing in economic news, research on national economies, and business intelligence across emerging markets. With operations in over 35 countries, we bring first-hand insights to investors, businesses, and governments worldwide.
The Norwegian-African Business Association (NABA) brings together Norway's leading investors and companies working on the African continent, and works to improve and increase business relations between our countries. Currently NABA has 135 member companies from oil and gas, renewable energy, agribusiness, shipping, industry, technology, FMCG and real estate. With more than 25 events and investment missions throughout the year, NABA serves as a Nordic focal point for companies planning to make better business in African markets.
Businessday is the leading medium for up to date news and insightful analysis of business, policy and the economy in West Africa. A critical decision making tool for investors and managers. Its reputation is anchored on its history of providing unbiased news and informed commentary and insight on politics, governance, social and economic trends.
Businessday is the publisher of the most reputable and influential business daily available across multiple channels. It has earned the trust of its audience around the world as a provider of business and financial news, insight, analysis and intelligence.
Africa Confidential is one of the longest-established specialist publications on Africa, with a considerable reputation for being first with in-depth news and analysis on significant political, economic and security developments across the continent.
Our track record owes much to our comprehensive network of local correspondents, and the connections we’ve built up throughout Africa since we started publishing back in 1960.
This continent-wide, on-the-ground coverage enables us to identify and monitor upcoming issues long before they are picked up by the general media – and analyse their real significance for our readers.
What’s more, all our contributors write for us on the basis of strict anonymity, a principle that was established from the outset in 1960 to ensure writers’ personal safety in the turbulent, early years of post-colonial African independence. Hence the newsletter’s title.
Who reads Africa Confidential?
Africa Confidential is read fortnightly by a wide range of governmental, multilateral and academic institutions, NGO’s, risk advisory firms, multi-national corporations and individuals around the world - all united in their need for timely, accurate and incisive analysis of contemporary African developments.