Casablanca, June 21, 2021. Africa50, the pan-African infrastructure investment institution, announces the appointment of Ms. Tshepidi Moremong as Chief Operating Officer. Her appointment is effective July 1, 2021. The new COO will lead a multidisciplinary team responsible for fundraising, investor relations, strategy, human resources and administration, communications and governance environmental and social.
Ms. Moremong has over twenty-two years of strategic leadership experience in private equity, corporate finance and business development. She joined Africa50 from Rand Merchant Bank (RMB) in South Africa where she was responsible for customer coverage for the rest of Africa outside South Africa, a position she had held since 2014. In this capacity, she was responsible for business development and customer management in nine markets. During her tenure, Ms. Moremong successfully built and led a multi-regional team that has produced significant results for the RMB franchise in the rest of Africa. Ms. Moremong has also served as Chairman of the Board of Directors of the African Venture Capital Association and has held several director positions for listed and unlisted entities on the continent.
Previously, she held several management positions, notably as Head of Investments at Aureos Capital and Vice-President at Renaissance Capital. Throughout her career, Ms. Moremong has demonstrated a strong capacity for thought leadership, strategic decision making and driving bottom line results. Commenting on his appointment, Alain Ebobissé, CEO of Africa50, said: “I am delighted to welcome Tshepidi to our team. She brings substantial experience of the Pan-African financial sector, deep expertise in private equity and has successfully led large multinational teams in all regions. I am convinced that his leadership and extensive business experience will be a major asset in ensuring the continued growth and success of Africa50 in the future ”
“I am delighted and honored to join the Africa50 leadership team. The organization has a bold mandate to spur accelerated infrastructure development on the continent. I look forward to working with the team and bringing my passion and expertise to further support Africa’s socio-economic transformation, ”Ms. Moremong said of her appointment. Originally from Botswana, Ms. Moremong holds a BA in Economics and Public Policy from Swarthmore College in Pennsylvania (USA) and an MBA in Finance from Columbia University’s Business School in New York (USA).
