Africa50 Group
Vinesh Naidoo currently serves as Senior Director of Risk at Africa50 Infrastructure Investment Platform since March 2023. Previously, Vinesh was Head of Investment Credit Risk at Old Mutual Limited from November 2016 to December 2022, overseeing Investment Credit risk management across the Group's exposure. Additional roles at Old Mutual included Head of Credit Risk, managing credit risk across diverse markets in Africa, Asia, and Latin America. Vinesh was Chief Risk Officer at Ashburton Investments from January 2014 to October 2016, and held senior positions at Liberty Group South Africa, including Chief Risk Officer for Liberty Africa Insurance. Vinesh also worked as Head of Financial Risks and Market Risk and Credit Capital Management at Old Mutual South Africa, along with earlier roles at Eskom Holdings SOC Ltd. Vinesh possesses education from the University of KwaZulu-Natal and the University of South Africa.
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Africa50 Group
Africa50 is a pan-African infrastructure investor and asset manager that contributes to Africa's growth by developing and investing in bankable projects, catalyzing public sector capital, and mobilizing private sector funding, with differentiated financial returns and impact. Africa50 currently has 35 shareholders, comprised of 32 African countries, the African Development Bank, the Central Bank of West African States (BCEAO), and Bank Al-Maghrib. Africa50 provides support at every stage of the project cycle. Its operations are carried out through three business lines: Project Development The primary objective of Africa50 Project Development is to increase the number of investment-ready, "bankable" infrastructure projects. In addition to providing financing at earlier stages of projects, Africa50’s staff actively contributes to project development, engaging with stakeholders along the deal cycle, with a particular focus on mobilizing political support. Project Finance Sourcing projects through Africa50 Project Development and other partners, Africa50 Project Finance engages stakeholders post financial close. Following a private equity model, it provides primarily equity and quasi equity with flexible exit options. It typically takes significant minority stakes of over $20 million, focusing on profitability as well as development impact, and playing an active role regardless of the type of investment. Africa50 Infrastructure Acceleration Fund Africa50-IAF is a 12-year closed-ended infrastructure private equity fund established to invest in infrastructure assets that unlock transformative impact, create jobs, and accelerate Africa’s green industrial revolution. Mobilizing large-scale and long-term institutional capital from African and international investors, Africa50-IAF seeks to deliver long-term growth and attractive risk-adjusted returns by investing in diversified and sustainable infrastructure sectors across Africa.