KENYA – African Infrastructure Investment Managers (AIIM), a private equity that develops and manages funds in African infrastructure projects has appointed Wanjiku Mugane as Senior Advisor in Kenya.
The Kenya-born Mugane will be based in Nairobi Kenya, working hand in hand with AIIM investment team to deliver on the company objectives.
She will also help in delivering market insights and support AIIM growth agenda in the country.
“East Africa continues to be one of the fastest growing regions in the world with an estimated growth rate of 6.2% in 2019.
To sustain this strong performance the region needs to continue to unlock investment in its infrastructure and AIIM is committed to seizing the opportunities this presents for its partners, investors and communities it operates in.
Following the successful close and exit of Kipeto Wind Farm, we have invested in BBOXX New Generation Utility in Kenya and are shortlisted on the Nairobi-Nakuru Highway PPP, illustrating our commitment to the region.
Wanjiku’s appointment reinforces our deep operational experience on the ground in Kenya and brings an expert new perspective to the table,” said Jurie Swart, Chief Executive Officer of AIIM.
“Her impressive background paired with her deep understanding of the investment landscape in Kenya, makes her a terrific addition to AIIM as we seek to broaden our capabilities in the region.
We are thrilled to welcome her to the team.”
She is co-founder and Executive Director of Eagle Africa Capital Partners Ltd, a corporate finance advisory and patient capital investing firm.
Prior to this, Wanjiku was the East Africa CEO of Standard Chartered Securities and co-founder of First Africa Group, providing cross-border corporate finance advisory.
AIIM is among the leading and largest entities in African that focuses on the delivery of infrastructure-focused private equity.
The company maintains good and close working relations with companies in the country such as Wells Fargo and PWC among others.
Speaking on her appointment, Mugane said: “I’m looking forward to working with Africa’s pre-eminent infrastructure investment manager and utilising my expertise in the East African capital markets and region to contribute to their growth strategy.”