GroFin
Daniel Maginga is an experienced investment executive currently at GroFin since April 2016, focusing on investments in small and growing businesses, business support, and fund management. Previously, Daniel held several prominent positions including Senior Manager at Ecobank Tanzania from July 2015 to March 2016, Chief Executive Officer at ZEDIL Investments Company Limited from July 2013 to June 2015, and Head of Corporate and Investment Banking Credit at Stanbic Bank Tanzania from July 2008 to June 2013. Early career roles included Senior Relationship Manager at KCB Bank Tanzania, Relationship Manager at Barclays Bank Tanzania, and Credit Risk Officer at Exim Bank Tanzania. Daniel holds a Master of Science in Finance and Investments from Coventry University and a Bachelor of Business Administration in Accounting and Finance from Zanzibar University.
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GroFin
GroFin is a pioneering private development finance institution specialising in financing and supporting small and growing businesses (SGBs) across Africa and the Middle East by combining medium-term loan capital and value-added business support. GroFin’s business model is based on our commitment to providing our clients with support beyond finance. A deep understanding of the factors that drive SME success is central to this model, as is the steadfast belief that SME success leads to impact success. Since its inception in 2004, GroFin has invested in 735 SMEs and sustained nearly 90,000 jobs. Headquartered in Mauritius, we offer financing and support to SGBs in 14 countries in Africa and the Middle East. We focus on small businesses operating in education, healthcare, agri-processing, manufacturing and key services (water, energy and sanitation).