Leaders
A market pioneer with over 50 years of operational experience and a book of over 900 projects completed, AfricaGlobal Schaffer brings together a unique blend of technical expertise and human and financial capital to help clients address the challenges associated with doing business in African emerging and frontier markets.
“Action without vision is only passing time, vision without action is merely day dreaming, but vision with action can change the world."
- Nelson Mandela
Core Team
Dr. Mima Nedelcovych
Executive ChairmanDr. Nedelcovych is the Founder and Chairman of AfricaGlobal Schaffer. Throughout his career, Dr. Nedelcovych has provided strategic consulting in project development, project finance, trade facilitation, and public-private partnerships in developing countries, with a particular focus on Africa. He has provided advisory services to a number of corporations with interests in agro-industry, renewable power, oil and gas, and major infrastructure investments, as well as to a number of African governments, US government agencies, and international financial institutions.
Read MoreDr. Nedelcovych has a long and illustrious carreer sitting on the Boards of several commercial banks in Africa, including previously on Afriland Bank Cameroon, and presently the Vista Bank Group in Gambia, Guinea, Sierra Leone and Burkina Faso, and Vista Bank Guinea, in addition to previously sitting on the Board of the African Development Bank. He has been on the Board of Moodai International Bank (in formation) since inception.
Dr. Nedelcovych is past President & CEO of the Initiative for Global Development (IGD), a nonprofit organization that engages corporate leaders to reduce poverty through business growth and investment in Africa. During the four years of his tenure he had markedly grown the African SME participation in the Frontier 100 Leaders Program, and expanded IGD’s Advisory capacity and strengthened the voice of private sector leaders on development issues.
Prior to his appointment to IGD, Dr. Nedelcovych was a Partner at the Schaffer Global Group (SGG), the predecessor to AfGS. While at Schaffer Group, he led new project development and financing for a number of agro-industrial projects in Africa and Central America (primarily in the cane sugar and rice sectors) and was the lead Partner in the establishment of the Markala Sugar Project in Mali, serving as the Chairman of the Société Sucrière de Markala. To represent Schaffer interests, he was «seconded» as Country Director of Buchanan Renewables (BR) in Liberia, a renewable energy business based on biomass harvested and processed from old economically redundant rubber trees.
Dr. Nedelcovych served in the Administration of President George Bush from 1989 to 1993 as the U.S. Executive Director to the African Development Bank (AfDB) in Abidjan, Cote d’Ivoire. He was instrumental in formulating and executing the “private sector initiative” at the AfDB, including the African Business Roundtable and the African Export-Import Bank. Prior to being named Executive Director to the AfDB, Dr. Nedelcovych held the position of Principal at Arthur Young’s International Consulting Group, specializing in privatizations and private investments in Africa.
At the beginning of his career he served in the US Government as Peace Corps Country Director in Gabon, as Special Assistant to the Assistant Administrator for Africa at USAID, and as Special Projects Officer at the US Trade and Development Agency.
Dr. Nedelcovych is on the Board of Directors at Vista Bank Group, Vista Bank Guinea, Moodai International Bank, Fayus Inc., BO Group Africa, and Niger Delta Partnership Initiative (NDPI) and is a former inaugural Member of the MCC Global Advisory Council. He is a Founder and former Board Director of the Corporate Council on Africa and a Member of the Inaugural US EXIM Bank’s Sub-Saharan Africa Advisory Committee.
He received a BA in Political Science from Yale University, an MA in International Relations from George Washington University, and a PhD in Comparative Political and Economic Development from Florida State University (in conjunction with Mohamed V University in Morocco). He speaks French, Spanish, Italian and Serbian fluently, and has a working knowledge of Portuguese.
Read lessAdam Cortese
Chief Executive OfficerWidely recognized as a thought leader and expert in the areas of project development and foreign direct investment on the African continent, Mr. Cortese provides strategic direction, executive leadership, and oversight of AfricaGlobal Schaffer’s operations. As a senior executive with broad experience in finance and strategic investment in emerging and frontier markets, over the course of his career, he has successfully developed and led large multidisciplined and multicultural teams to create growth opportunities in uncertain and volatile environments.
Read MoreHis expertise in trade and development finance is recognized by Development Finance Institutions (“DFIs”), Export Credit Agencies (“ECAs”), and commercial lending institutions worldwide. Prior to joining AfricaGlobal Schaffer, Mr. Cortese served as the Vice President and Portfolio Director of Global Recovery Group, LLC where he managed the resolution and restructuring of nearly $2 billion of trade and development loans worldwide, and Vice President at Archetype, where he led the project development firm’s expansion into Africa. To this day, Mr. Cortese maintains advisory roles with each of these institutions. He holds a Bachelor of Arts in International Relations from Bucknell University as well as a Master of Global Management from the Thunderbird School of Global Management.
Read lessMarian Schaffer
Chief Operating OfficerMarian has over 25 years’ experience in the international agribusiness industry with the Schaffer Global Group of Companies, from which AfricaGlobal emerged. Currently, Marian is Chief Operating Officer at AfGS directing the operational management of the organization and coordinating major project activities. She is responsible for coordination of personnel on sales efforts, project scheduling, project execution, and personnel administration. She also assists with the production and quality control of client reports, operational studies, feasibility studies, evaluations and appraisals.
Read MoreMarian previously served as a Project Manager on the Finchaa Sugar Project located in Ethiopia assisting the Project Manager in various administrative and commercial aspects of the project, including contract negotiations, project execution, and government/client relations.
Read lessGeralyn Contini
Chief Financial OfficerMs. Contini has 35 years of international agribusiness, management, and commercial experience in various capacities within the Schaffer Global Group, the original entity from which AfricaGlobal Schaffer was born. Geralyn currently serves as the Chief Financial Officer at AfGS and is responsible for controlling resources to ensure the sustainable and managed growth of the company.
Read MoreNever one to hide behind a desk, Geralyn also plays an active role in guiding business development and partnerships and maintains an active role in the Baton Rouge business community as a Member (Former Chairperson) of the Louisiana District Export Council for the U.S. Department of Commerce Export Assistance Center, an Ambassador for the Louisiana State Department of Economic Development, and a Member of the World Trade Center and International Business Committee of Louisiana.
Read lessDr. Tony Bello
Director, Consumer FoodsAs subject matter expert working with the United Nations Development Programme in Nigeria and Fortune 500 food companies in the US, Dr. Bello has over 28 years of experience in making public-private agribusiness partnerships work through the design, formulation, and commercialization of new food products. Prior to these experiences, Dr. Bello was a Senior Technical Adviser on Agribusiness to Dr. Akinwumi Adesina where he played key roles in attracting over $5 billion private sector investment commitments into Nigeria’s agribusiness sector. He led the creation of Nigeria Agribusiness Group, the top agribusiness private sector platform in Nigeria.
Read MoreIn addition to his role wiht AfGS, Dr. Bello is the Founder and Managing Director of Shine Bridge Global Incorporated, a Virginia SPV focused on attracting public-private equity and debt financing to transform the food and beverage industry in Nigeria and other African countries, and H2A Foods, a food science and technology transfer company, bringing consumer food insights and value-added processing of locally grown staple foods in Africa, Caribbean and United States. Dr. Bello works extensively with farming cooperatives and private sector agribusiness investors in Nigeria to transform fresh produce and root vegetables into higher value packaged consumer food products through strategic partnerships with two agriculturally-savvy state governments in the Northern and Southern parts of the country.
Highlights of Dr. Bello’s career include leading the team of product developers at PepsiCo Frito-Lay in the design and delivery of the award winning “Oven Baked Lays” and “Lays Stax” potato crisps, the latter of which was awarded a US patent. Dr. Bello is also the recipient of three European patent awards for his work at the Kellogg Company on fortification of food products with DHA-omega-3-fatty acids for brain health and nutrition. Tony Bello earned his Doctorate in Food Science from Texas A&M University focusing on Starch Chemistry of Sorghum Food Gel.
Read lessDr. Lakshman Velupillai
Director, AgricultureDr. Velupillai has over twenty-five years’ experience in the field of international agricultural project design, development, and direction, including programs in Jamaica, Senegal, Mali, Liberia, Ghana, Indonesia, Sri Lanka, India, China, Vietnam, Ukraine, Moldova, Romania, Armenia, Honduras, Nicaragua, Namibia, South Africa, Mozambique, and Zambia. He retired from academia in 2012 as the Associate Vice Chancellor, International Programs, and Professor of Biological and Agricultural Engineering at the Louisiana State University.
Read MoreDr. Vellupillai possesses technical qualifications in mechanical engineering [BS] and agricultural engineering [MS and PhD] and is recognized internationally in the field of rice processing and grain post-harvest technology. He has authored or contributed to several books, scientific research articles, and training manuals in the field of rice processing and rice hull to energy technologies. He has extensive experience in developing and conducting training programs in rice storage, drying, parboiling, milling, and quality control in the US and in Iraq, Egypt, Sri Lanka, Trinidad, and Suriname; and has conducted research in crop processing at LSU.
His current areas of expertise include rice processing machinery evaluation, rice parboiling and drying, use of microwave energy in agricultural processing, grain quality evaluation, rice hull utilization for energy and international development work in agriculture, extension and food safety/food industry operations. He and research colleagues received a US patent #06/937,923 awarded under auspices of the LSU AgCenter, for a Process for Parboiling Rice.
Read lessBoukary Ouedraogo
Director, LogisticsMr. Ouedraogo leads all logistical operations for AfGS across the African continent. A known collaborator and leader in frontier environments, he is also the founder of International Business Center and Services (IBCS), a logistics provider headquartered in Ouagadougou and operating across East, West, and Central Africa. At IBCS, Mr. Ouedraogo serviced clients from across the world, including high profile engagements in support of US military operations across the Sahel region.
Read MoreA Knight of the Burkinabe Order of Merit, Mr. Ouedraogo is also known for his philanthropic endeavors, having founded the BO Foundation, a non-profit entity supporting the empowerment of women and youth in Burkina Faso and the greater Sahel region.
Read lessMário Branco Lopes de Matos
Director, International ProjectsA Mozambican raised Portuguese, Engº. Mario de Matos possesses over 40 years’ experience in the Agriculture and Agro-industrial sectors, devoting most of his professional career to Africa. Mario possesses vast proven experience in the development of agriculture projects in Angola, Burkina Faso, Congo-Brazzaville, Congo Kinshasa, Cote d’Ivoire, Egypt, Equatorial Guinea, Ethiopia, Gabon, Ghana, Guinea, Guinea-Bissau, Kenya, Liberia, Madagascar, Malawi, Mali, Mozambique, Nigeria, Rwanda, Senegal, Swaziland, South Africa, Tanzania, Uganda, and Zambia.
Read MoreIn addition, he has participated in numerous projects in Asia (Cambodia, Indonesia, Laos, Papua New Guinea, and Thailand), Central and South America (Dominican Republic, Porto Rico and Brazil), Europe (Portugal, Spain France England, and Germany), MENA (Egypt and Iran), Australia, and the US.
Mr. de Matos’ expertise extends to green and brownfield project appraisals and evaluations, pre-feasibility and feasibility studies, and the management of large commercial agriculture and agro-industrial projects in a multitude of social, technical, and cultural environments. He is experienced in the design and development of capacity building activities, as well as organizing and managing workshops and conducting “on the job” training programs for senior staff professionals.
Mario is co-author of the Elsevier-published book on Sugar Cane Biorefinery Technology and Perspectives. This is an updated review of the sugar cane biorefinery global scenario outlining the importance of this crop from a chemical, energy and environment sustainability point-of-view, while also addressing, with total transparency, the controversial issues involving energy cane in the dilemma of food vs fuel, environmental impact, as well the production technology of first and second-generation ENA.
Mario received his Bachelor’s Degree in Agricultural Sciences in 1975 from Escola Superior Agraria Dr. J. A. Lacerda, at Vila Pery, Mozambique and is a member of the American Society of Sugar Cane Technologists – Louisiana Division; Australian Institute of Agricultural Sciences, Australia; S.A. Sugar Technologists Association, South Africa; Associação Portuguesa de Ciências Agrárias, Portugal; Sociedade de Geografia de Lisboa, Portugal; Soils Sciences Society of Nigeria
Mario is fluent in English, French, Portuguese, and Spanish.
Read lessAdvisory Board
Ambassador Patricia Moller (Ret.)
Following a highly-awarded 25-year diplomatic career, Ambassador Patricia N. Moller left active service with the U.S. Department of Sate to return to the private sector. Under the umbrella of her Moller Global Advisory LLC consultancy, she has counseled a number of corporations, including Fortune 500 companies, seeking guidance on doing business in developing countries, many of them in Africa.
Read MoreShe has advised on business development, agriculture, and extractive mineral and metal matters and on engaging effectively with governments. During the 2014 West African ebola crisis, she was one of four founding members of the Ebola Private Sector Mobilization Group that consolidated and rationalized the efforts of groups from both the public and private sectors who were committed to assisting victims, arresting the disease and restarting economic activity in afflicted zones.
Ambassador Moller serves as Vice Chairman of the Board of Directors of Guinea Gas International. She sits on the Board of Directors of Hyperdynamics, chairing its Foreign Affairs Committee, on the Board of Directors of Orbis International and on the Board of Directors of Orbis UK. She is a member of the Board of Advisors of the Initiative for Global Development, and for the Global Situation Room. She acts as senior advisor to the Business Council for International Understanding. She is a judge for the Young Africa Leadership Initiative – YALI — grants awarded to entrepreneurs through the U.S. Africa Development Foundation and for the Lexlead Group annual scholarship competition.
The Ambassador’s diplomatic career was distinguished by service largely in developing countries with challenging political environments. During the Balkan conflict that ended only after the 1999 NATO bombing, Ambassador Moller was central to maintaining Embassy operations during three turbulent years, finally shepherding the U. S. Ambassador and senior Embassy officers onto a U.S. Navy jet the morning before bombing began.
As Country Officer for Vietnam, she directed negotiations that reestablished U.S. – Vietnam diplomatic ties. In the Republic of Georgia as Deputy Ambassador, she guided Embassy Tbilisi’s support to Georgian democratic process during the tempestuous days of the Rose Revolution. In Guinea, her leadership and engagement are credited with averting civil war, persuading Guinea’s military ruler to step down, and with success of the electoral process. For her commitment and accomplishment she was awarded a Presidential Service Award and the State Department’s Robert Frasure Award known as its Peace Prize, and was invested by the President of Guinea as a member of the National Patriotic Order of Guinea, rank of Commander.
Before joining the Department of State, Ambassador Moller worked as an investment banker with Smith Barney Harris Upham. She earned a BA honors degree in history, receiving her degree from the University of Tampa. Ambassador Moller speaks German, conversational French, and elementary Serbian and Russian.
Read lessH.E. Ismael Gaspar Martins
Mr. Gaspar Martins has a longstanding carreer in public service. Presently he serves as a Non-Executive Director of the Angolan Sovereign Fund. He was appointed by President João Manuel Gonçalves Lourenço on the 12th of February 2018.
Read MorePrior to his current appointment, Mr. Gaspar Martins served as the Permanent Representative of the Republic of Angola to the UN from 2001 – 2018.
Mr. Gaspar Martins was a founding member and Co-President of the Angola-South Africa Chamber of Commerce and Industry from 1996 to 2000. He held concurrently the position of Managing Director of Gaspar Martins and Associates International Business Consultants. From 1996 to 2000, he also served on the Southern African Development Community Task Force at the World Economic Forum Summit.
Among other positions, from 1989 to 1995, Mr. Gaspar Martins was the Executive Director of the African Development Bank in Abidjan, Côte d’Ivoire. From 1982 to 1987 he served as Angola’s Minister of External Trade, and from 1977 to 1982 he served as Minister of Finance. From 1976 to 1977, Mr. Gaspar Martins was Governor of the Central Bank of Angola. In 1975, he was external and economic affairs adviser to the President of Angola.
From 1972 to 1975, Mr. Gaspar Martins served with the United Nations Conference on Trade and Development (UNCTAD), working as an economic affairs officer overseeing studies and policies on the issue of economic integration in Africa and on trade negotiations between the African, Caribbean and Pacific Group of States and the European Union. From 1971 to 1972, Mr. Gaspar Martins held the position of research officer on agricultural development policies in Africa for the United Nations Research Institute for Social Development in Geneva.
Mr. Gaspar Martins holds a Bachelor’s degree in economics from Lycoming College in Pennsylvania, United States. In 1969, he completed post-graduate studies in economics at the University of Mannheim, Germany. From 1969 to 1971, Mr. Gaspar Martins attended Oxford University, receiving a diploma in economic development.
Born on 12 January 1940 in Luanda, Mr. Gaspar Martins is married with four children.
Read lessDan Runde
Daniel F. Runde is the founder of DFR Global, an advisory firm. A global thought leader and change agent, his work centers on leveraging U.S. soft power and the central roles of the private sector and good governance in creating a more free and prosperous world. Mr. Runde has been recognized for influencing the debate on USAID-State Department relations, as an architect of the BUILD Act, and led the debate surrounding the role and future of the World Bank Group. Mr. Runde has also influenced thinking about U.S. economic engagement with Africa (of which he is in favor of much more) and domestic resource mobilization. Mr. Runde holds the Officer’s Cross in the Order of Isabel la Católica, a Spanish Civil Order.
Read MorePreviously, Mr. Runde held senior leadership roles at the International Finance Corporation (IFC). From 2005 to 2007, he was director of the Office of Global Development Alliances (GDA) at the U.S. Agency for International Development (USAID), and he led the GDA partnership initiative by providing training, networks, staff, funds, and advice to establish and strengthen public-private partnerships. His efforts at USAID leveraged $4.8 billion through 100 direct alliances and 300 others through training and technical assistance.
Mr. Runde is the chairman of the Advisory Committee on Voluntary Foreign Aid (ACVFA), and he also serves as the chair of the Sub-Saharan Africa Advisory Committee for the Export-Import Bank of the United States (EXIM). He also serves on the board of the International Foundation for Electoral Systems (IFES), the Millennium Challenge Corporation (MCC) Advisory Council, the Western NIS Enterprise Fund (WNISEF), and the Ashesi University Foundation (a private university located in Accra, Ghana). Mr. Runde is also a lifetime member of the Council on Foreign Relations (CFR) as well as a member of Bretton Woods. Mr. Runde is a regular contributor to The Hill and hosts a podcast series, Building the Future with Dan Runde: Freedom, Prosperity, & Foreign Policy.
Read lessHarouna Niang
With over 30 years of experience in trade matters and conditions, economic policy formulation, and corporate management, Harouna Niang has a storied history as a leader, worker, team member, and person. Each brings additional tenants to his current role and has allowed him to successfully engage with government, enterprises, associations, and other stakeholders.
Read MoreDuring the first two decades of his career, Harouna served in leadership roles throughout various ministries of the Malian government, helping to promote trade, commerce, and employment. He served various roles throughout the 1980s and worked his way up the ladder with hard work, a keen eye for details, and a sense of professionalism. He started as a technical advisor to the Prime Minister in 1992. Then, he became the Director of the Cabinet for the Ministry of Employment, Vocational Training and Promotion of Private Initiative in 1993. Next, he became the Director of the Cabinet for the Ministry of Handicrafts and Tourism in 1994, working his way to becoming the Secretary-General for the Ministry of Industry from 1995 to 1997. In 1997, he became the Secretary-General for the Ministry of Industry, Commerce, and Transport until 2001. Throughout his different stations, he learned and grew his skills.
He then transitioned into the private sector, working as the CEO for the Society of Mali PariMutuelUrbain (PMU-Mali) until 2004. During this time, he was elected Secretary-General of the AALE and was a member of the Executive Committee of the World Lottery Association.
He then became the CEO of SOSUMAR S.A. (Markala Sugar Company), where he participated in negotiations with the Convention of Establishment and ancillary agreements. Much of his work included negotiations with financial institutions and lenders on the concessional funds. He also helped to design and install the Markala Sugar Project.
Eventually, he transitioned into a role as an independent consultant, allowing him to specialize in things that he found truly interesting. He worked on Mali national trade policies, including analyzing problems implementing trade liberalization in the cereal sector in the UEMOA/ECOWAS regions. During this time, he continued to consult on the revival of Markala Sugar Project, including updating the Business Plan.
Outside of his day-to-day work, Harouna is a board member of several banks and companies in Mali and he continues to be an independent consultant.
Harouna holds an MBA from the University of Southern California, and a Bachelor’s Degree in Commercial and Financial Sciences from the University of Algiers. He is fluent in French and English. In his personal life, he enjoys XXXX, XXXX, XXXX.
Read lessJustin Chinyanta
Justin Chinyanta, a former Vice President at Citibank and HSBC Bank’s Africa offices cofounded the Loita Group in 1994, a pioneering pan-African investment banking and financial ICT group (headquartered in Mauritius), which inter alia through wholly-owned subsidiary Loita Capital Partners International has advised on, structured and arranged in excess of USD 6 billion in various funding transactions, in addition to its activities in financial technology (through another wholly-owned subsidiary Fintech International) as well as the digital payments and switching space (Loita Transaction Services).
Read MoreA board member of numerous notable public and private sector institutions who presently chairs the Republic of Zambia’s National Housing Authority, Justin is a Fellow of Harvard University (Weatherhead Center for International Affairs) and a graduate of the Fletcher School of Law and Diplomacy at Tufts University (International Business Transactions and Financial Law). He is an Advocate of the Zambian High Court with a LLB from the University of Zambia.
Read lessAubrey Hruby
Aubrey Hruby is a Co-Founder of Insider and an investor in African start-ups. As a Senior Fellow at the Atlantic Council and advisor to Fortune 500 companies doing business in Africa, she speaks and writes regularly on African business issues for the Financial Times and Axios. She has interviewed with the New York Times, the Wall Street Journal, National Public Radio, Al Jazeera, Bloomberg Radio, CNBC, CCTV, and Africa24. Aubrey sits on the board of Invest Africa USA, the private sector advisory board of the Millennium Challenge Corporation (MCC) and two dynamic Nigerian companies. She is a term member of the Council on Foreign Relations and Young Leader at the Milken Institute. Aubrey teaches at Georgetown University and the co-author of award-winning The Next Africa (Macmillan, 2015). She earned an MBA from the Wharton School at the University of Pennsylvania and a MA from Georgetown University.
Tom Sheehy
Tom Sheehy has decades of public policy and communications success, particularly in the foreign policy, national security, and international economics fields. Before founding Quinella Global, he served as Staff Director of the Committee on Foreign Affairs in the U.S. House of Representatives for six years. Chaired by Representative Ed Royce, the committee has jurisdiction over all elements of U.S. foreign policy, including operations of the State Department, Agency for International Development, and Development Finance Corporation. Tom was responsible for all committee functions, including goal-setting, its $7.5 million annual budget, oversight hearings, communications, working with congressional leadership offices and other national security committees, and managing legislation.
Read MoreUnder Tom’s leadership, over 80 bills –on a full-range of foreign and national security policy issues– became public laws. These included major sanctions, export control, and cutting-edge trade and development legislation. The committee was widely-recognized as being one of the most bipartisan and productive on Capitol Hill. Tom managed a highly-regarded staff who now fill key foreign policy, economic development, and national security positions throughout the U.S. government.
Previously, Tom directed the Terrorism, Nonproliferation and Trade Subcommittee and the Africa Subcommittee. He co-produced the Foreign Intrigue Blog and his work helped put Africa on the U.S. foreign policy map. Tom has been involved in shaping most every new U.S. development initiative, including the African Growth and Opportunity Act and its several updates, the Millennium Challenge Corporation, and most recently, the BUILD Act.
Before joining the committee, Tom was the Jay Kingham Fellow in International Regulatory Affairs at the Heritage Foundation. He was an original co-author of The Index of Economic Freedom, an internationally-acclaimed annual survey of national economies, co-published by The Wall Street Journal, now in its 25th edition. Tom appeared often in the national media, and testified before several congressional committees.
Tom speaks often to outside organizations on policy and politics, most recently to a congressional national security forum, the HACC/NACC Joint Shipping Conference, the American Society of International Law, Trinity College alumni of New York City, the Union League Club of Philadelphia, Bucknell University, and JP Morgan Chase. He earned a B.A. from Trinity College (Hartford) and an M.A. in International Relations from the University of Virginia. Tom and his wife Elizabeth live in Arlington, Virginia.
Read lessJulie Howard
Julie Howard is an independent consultant on international agricultural development. She is Senior Adviser (non-resident) at the Center for Strategic and International Studies and a member of the World Vegetable Center Board of Directors. From 2011-2014, Dr. Howard served as the first chief scientist in the Bureau for Food Security and senior adviser to the USAID administrator on agricultural research, extension, and education. Previously, Dr. Howard served as CEO, Partnership to Cut Hunger and Poverty in Africa, and as a faculty member and Senior Adviser at Michigan State University. She holds a Ph.D. in agricultural economics from MSU and was a Peace Corps Volunteer in the Dominican Republic.
Franklin Kennedy
Franklin Kennedy is the President and Managing Partner at Equator Capital Partners LLC, a fund management company that currently manages ShoreCap family of funds and invests in regulated microfinance small business backs throughout Africa and Asia. Before that, Franklin was the President and CEO of HSBC Equator Holdings plc. and major subsidiaries from 1988 to 2002. This was a UK-registered and regulated merchant and investment bank that focused on trade, project, investment, advisory, and correspondent banking services exclusively in sub-Saharan Africa. Equator was also Fund Manager for the Africa Growth Fund and the Kenya Equity Fund. From 1968 to 1976, Franklin was the Vice President of the Royal Bank of Canada in Montreal, Quebec.
Read MoreFranklin also has an active history of directorships. Currently, Franklin serves with Equator Capital Partners LLC (start 2009), ShoreCap II Limited (start 2009), TransAfrica Holdings Ltd (start 2003), CDH Investment Bank, Blantyre (start 2011), and FBC Holdings (start 2015). In the past, Franklin served on the following Directorships:
- African Export-Import Bank, Cairo, Egypt, 2001 – July 2016 (Exco)
- INDEbank Limited, Blantyre, Malawi, 2003-2008*
- HSBC Equator Bank plc, London, UK, 1997-2002
- HSBC Investment Services (Simpson McKie), Johannesburg, South Africa 1999-2002*
- Corporate Council on Africa, Washington, DC. 1993-2003
- Equator Bank Limited, and subsidiaries, Nassau, Bahamas 1988-2002*
- Wardley Limited, (HSBC Investment Bank) Hong Kong HK, 1988-1993
- Banque Regionale de Marche, Dakar, Senegal 2004-2008
- African Business Roundtable (ABR/AfDB) Abidjan, Cote d’Ivoire 1993-2001
Educated at the Ivey School of Business HBA, London, Ontario, Franklin is originally from Canada but is well versed in international business with a focus on Africa, having been appointed to many committees for the furtherment of business, particularly those with an investment in Africa. They include the Member of Congressional Mandated Advisory Committee for sub Saharan Africa 1998 & 1999, 2005-2007, Corporate Council on Africa, African Business Roundtable, and Canadian Investment Fund for Africa (CIFA) 2002-2003.
He has Founder Status for the Corporate Council on Africa in Washington D.C.. the African Export-Import Bank, Cairo, Egypt (Founding Shareholder), and the Africa Growth Fund in Washington DC 1997.
Franklin was awarded the Institute of African Affairs Award for Leadership in Economic Development in Africa in 1997.
Read lessJohn Richter
A former Senior Vice President of the Export-Import Bank of the United States (Ex-Im) and Regional Director for Africa and the Middle East at USTDA, Mr. Richter is a well-respected member of the African Growth and Opportunity Act (AGOA) community. He was instrumental in helping to create legislation designed to lift the economic growth of Sub-Saharan African (SSA) nations. His efforts to support the development of infrastructure projects in SSA, together with his work to finance the export of U.S. equipment, technology, and services, have generated more than $3 Billion in U.S. exports to Africa. He has done this by advising hundreds of U.S. exporters on all aspects of international trade, including market identification, sales, marketing, and financing.
Read MoreHe also served for 9 years as Ex-Im’s Regional Director for Africa with responsibilities for bank-wide strategic planning, business reviews, and management reporting, resulting in an average of USD $500 million per year in support of Africa.
Before retiring from the Export-Import Bank in 2010 as Senior Vice President of Small Business, John was responsible for leading all Ex-Im Bank activities to identify and educate U.S. small-business exporters in order to attract them to the Bank’s product offerings. He chaired the Small Business Committee and managed a network of regional branches that performed outreach to minority- and women-owned businesses, partner identification, and training, as well as small business product development, resulting in $4.4 billion in support.
Overall, his effort resulted in:
- Growth of 193% in authorization dollars and 133% in the number of transactions
- Grew Ex-Im Banks’s share of the Export Credit Agency supported transactions in Sub-Saharan Africa from 1% to 12%
John’s 45 years of international management experience also includes executive positions with Mercury Marine, a division of the Brunswick Corporation, as Regional Director for Africa & Middle East at the U.S. Trade and Development Agency (USTDA), and was an active member of the State Department’s Africa Interagency Working Group for 18 years. He has also worked in that capacity for the Master Lock Company, and a division of the Uniroyal Corporation. John received his undergraduate degree from the University of Wisconsin and his Master of International Management Degree from the Thunderbird Graduate School of International Management, specializing in finance and international business.
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