NAIROBI, Kenya, Feb 6 – African Infrastructure Investment Managers (AIIM), has appointed Wanjiku Mugane as a senior advisor in Kenya.
Based in Nairobi, Mugane will be working closely with the AIIM investment team, delivering market insights and supporting the deal pipeline.
AIIM is one of Africa’s largest and most experienced infrastructure-focused private equity fund managers and a member of Old Mutual Alternative Investments (OMAI).
“East Africa continues to be one of the fastest growing regions in the world with an estimated growth rate of 6.2 percent 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,” Jurie Swart, Chief Executive Officer of AIIM.
Prior to this, Mugane was the East Africa CEO of Standard Chartered Securities and co-founder of First Africa Group, providing cross-border corporate finance advisory.
“Wanjiku’s appointment reinforces our deep operational experience on the ground in Kenya and brings an expert new perspective to the table. 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,” Swart added.
Following the successful close and exit of Kipeto Wind Farm, AIIM has invested in BBOXX New Generation Utility in Kenya and are shortlisted on the Nairobi-Nakuru Highway PPP.
“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,” Mugane said.