GHANA – Kwabena Asante-Poku has been appointed by UK’s Development Finance Institution (DFI) CDC as Coverage Director for Ghana. The new position will amplify the DFI’s presence in West Africa and strengthen its reach across the continent.
Based in Accra, Asante-Poku will lead CDC’s on-the-ground operations in Ghana, working to manage and strengthen the firm’s portfolio and to originate new investment opportunities.
Kwabena will work on deepening the partnership between Britain and Ghana, and building relationships with key government stakeholders, local private sector businesses, entrepreneurs, and several key stakeholders across the country.
His appointment comes as the DFI embarks on a new five-year strategy designed to channel its capital toward scaling the vast economic opportunities throughout Africa, while also meeting pertinent development challenges.
The innovative approach reiterates the organization’s invigorated strategic objective to invest for productive, sustainable, and inclusive growth in Africa.
Asante-Poku joins CDC after a 14-year tenure at PwC, where he served as a Partner in Advisory Deals and the Head of Transaction Services in Ghana and Nigeria.
At PwC he provided directed high-level mandates in corporate finance, due diligence, and business strategy across several sectors, including financial services and telecommunications.
Prior to his role at PwC, Asante-Poku was an independent consultant in the UK. He started his career at Unilever in Ghana.
Kwabena is a Ghanaian national and holds an MSc. in Finance and Management from the Cranfield School of Management, a BSc. in Applied Accounting from Oxford Brookes University, is a Chartered Accountant and a CFA Charterholder.
‘‘We are pleased to welcome Kwabena as our Coverage Director for Ghana. The expansion of CDC’s Africa Coverage team reflects our dedication to building on the opportunities and trends that we see across the continent,” said Tenbite Ermias, CDC’s Managing Director for Africa.
CDC’s current portfolio of investments in Ghana comprises 43 businesses, which support more than 11 thousand jobs.
The DFI’s investments span a broad range of sectors, including infrastructure, financial services, health, construction and real estate, and agribusiness.
Its growing portfolio in Ghana is valued at over US$160 million and Asante-Poku’s leadership will help in identifying market opportunities and accelerate the expansion of CDC’s investment portfolio in Ghana.
Liked this article? Subscribe to DealStreet Africa News, our regular email newsletter with the latest news, deals, and insights from Africa’s business, economy, and more. SUBSCRIBE
