Meet Our Team


Founding Partner & Investment Committee Member

Mr. Stibbe is a successful entrepreneur who has been actively investing and building businesses in Africa for the past 30 years, and a driving force behind the Impact model for investment in developing markets. His vision and leadership have led to the initiation, implementation and successful completion of large-scale projects throughout Africa, each of which has aimed to achieve tangible humanitarian objectives alongside financial and business returns. His professional endeavours have spanned a wide range of sectors, including the construction of rural and urban communities; agriculture and agro-industrial projects; the creation of aviation and air-traffic control systems; large-scale educational ventures; and healthcare, technology, clean-energy and water-related businesses. As a result, Mr. Stibbe’s successes have resulted in real and marked improvements in the quality of life for large populations.

In 1985, Mr. Stibbe created an Israeli start-up firm which he managed and grew to become a multi-national, emerging-market focused ECP enterprise employing thousands of people, before leading it to a successful exit in 2011. The same year, building on his decades of experience, Mr. Stibbe founded Vital Capital Fund. Today, in addition to serving on Vital’s Investment Committee, Mr. Stibbe is a board member of the Center for African Studies at Ben Gurion University, a member of the World Economic Forum, and the Aspen Institute’s Strategy Group for Global Food Security. He is also a governor and board member for several universities and NGOs dedicated to supporting the education and culture of underserved communities, predominately in sub-Saharan Africa.


Managing Partner, Investment Committee Member

Mr. Gerber is the Managing Partner of Vital Capital Fund and a member of its investment committee. He has 15 years of experience in implementing large-scale partnerships and projects in sub-Saharan Africa.

Mr. Gerber is engaged in impact and development finance, business management and advisory for investors and funds with developmental impact goals. His focus is on projects that create economic growth and have a direct positive impact on urban and rural communities such as infrastructure, housing, agro-industry, agriculture, and manufacturing SME’s. Mr. Gerber is experienced in government and in private sector engagements, covering a variety of business models, investment strategies, and financial structures.

Previously, Mr. Gerber has served as CEO of Kora, the Fund’s SSA community development programme, since 2011. Under Mr. Gerber’s leadership, Kora has grown from a small firm to a large corporation with more than 10,000 workers whose projects plan to house more than 240,000 local citizens. He is also a board member and advisor for multiple entities.

Mr. Gerber holds a B.Sc. in Computer Science and Philosophy from Tel Aviv University and an M.B.A. from Tel Aviv Open University.


Head of ESG & Impact

Ms. Tamar Pashtan is Head of ESG & Impact on Vital Capital’s Investment Team. Ms. Pashtan brings with her a comprehensive background in environmental consulting, with over a decade of international experience in disciplines including sustainable urban planning, green building and infrastructure, and standards and regulatory compliance. At Vital Capital she manages the environmental, social impact analysis and critical review in screening potential investments, due diligence evaluations, and liaising with venture promoters, co-investors and professional resources. In addition, she conducts ongoing ESG and impact monitoring of portfolio companies, guiding and implementing improvement recommendations, and reporting on company ESG and impact performance.

Ms. Pashtan holds a B.A. in Urban and Regional Planning from the University of Illinois Urbana-Champaign and an M.Sc. in Environmental Studies from Tel Aviv University. Her thesis research, awarded funding by the Chief Scientist’s Office of the Israeli Ministry of Environment and Israel’s largest developer, was published and reported in leading media outlets and publications. Ms. Pashtan is a certified LEED Accredited Professional (U.S. Green Building Council).


VP Investments

Mr. Machado joined Vital in September 2019 as VP Investments. Prior to joining Vital Capital, Francisco spent 4 years at the CDC Group, the UK’s development finance institution based in London, as part of the Africa Funds Team within the Funds and Capital Partnerships division. In this role, Francisco sourced, structured, evaluated and monitored several Africa-focused equity transactions totaling over $750 million and served as an advisory board member in multiple funds. In addition, Mr. Machado was involved in asset turnarounds and strategic capital allocation discussions as part of his tenure at CDC. Before CDC, Mr. Machado worked 2 years at the Japanese conglomerate Mitsui & Co., based in London, where he was part of a team dedicated to direct investments in Africa. During his time at Mitsui, Francisco focused on agribusiness, FMCG and automotive transactions.

Mr. Machado has a MSc in International Management from IE Business School in Madrid and a BSc in Management from NOVA – School of Business and Economics in Lisbon. He is fluent in Portuguese, English, Spanish and is conversational in French.


Investment Committee Member

Professor Weinblatt is one of Israel’s most respected economists. After receiving his B.A., M.A. and Ph.D. degrees in Economics from the Hebrew University of Jerusalem, he began a four-decade career at the Ben Gurion University of the Negev, culminating in his appointment as Rector of the University from 2002-2010. After retiring from Ben Gurion University, Professor Weinblatt served as President of Sapir Academic College until 2014.

Professor Weinblatt’s research covers a broad range of topics, including theoretical and empirical studies in the areas of international economics, macroeconomics, economics of crime, development economics, economics of social issues, and the economies of Israel and Palestine. He has published several books and more than fifty articles on these topics.

Professor Weinblatt now serves as Professor Emeritus of Ben Gurion University and continues to be involved in studying the Palestinian economy in the context of the peace process.


Mr. Oppenheim is a leading proponent of the impact model of investment in developing economies. Having initiated and implemented a wide range of infrastructure, aviation and agriculture projects throughout Africa, Mr. Oppenheim has built a deep understanding of sub-Saharan Africa along with extensive relationship networks. Mr. Oppenheim has been a driving force behind Vital Capital’s Aldeia Nova investment in Angola and has served as its Director General.

Before joining Vital Capital, Mr. Oppenheim was Executive VP of the International Federation of Air Traffic Controllers’ Associations. He earned undergraduate degrees in Geography and Economics from the Hebrew University of Jerusalem, an LLB from Tel Aviv University and a Master’s in Public Administration from Harvard University’s Kennedy School of Government.

In addition to his responsibilities at Vital Capital, Mr. Oppenheim also serves as a board member of several companies, including some of Vital Capital’s current portfolio companies.


Business Development Expert

As the Vital Capital Fund’s Business Development Expert for West Africa, Ambassador Annan brings with him the relationship networks and local insight developed over four decades of business and governmental activities in West and Southern Africa. Ambassador Annan’s long and varied career has included serving as a founding partner of Brief Consult, a Ghanaian investment advisory consulting firm, and as Executive VP for Trillium International Inc., a role which involved securing financial resources for international trade and capital projects and carrying out market penetration, product positioning and data provision projects. Ambassador Annan has also worked for London’s Globe Inspection as its resident director.

From 2002 to 2009, Ambassador Annan served as Ghana’s Ambassador to the Kingdom of Morocco. He has also served in a variety of capacities for the Africa-America Institute in the U.S., including a period as Deputy Director of the Southern African Training Program, during which he was instrumental in creating the Institute’s manpower development training programmes for nationals of Zimbabwe, Namibia and South Africa. A number of leaders from all walks of life in Southern Africa were recipients of these awards.

Ambassador Annan earned his B.A. in Economics from Macalester College, St. Paul, Minnesota.


Engineer, Infrastructure & Construction Expert

Mr. Zarka has served as Chief Engineer of several large-scale construction operations in the Congo and Ghana, leading the construction of the Prabon Greenfields neighborhood in Kumasi, Ghana, a 1000-house construction project in Congo and a 3500m2 office building project in Congo-Brazzaville. In addition, Mr. Zarka advises the Fund regarding new projects currently undergoing feasibility analysis.

From 2006-2012, Mr. Zarka worked for the LR Group in Angola, first as Project Manager of the Group’s Aldeia Nova agro-industrial project and of healthcare clinics, factories, youth villages, farms and water supply projects, and then as General Director of TELESITE , managing and supervising the construction sites of 40,000 housing units in Angola. From 2002-2006, Mr. Zarka worked as an engineer and project manager for the Solel Boneh construction company in Israel. Mr. Zarka earned a B.Sc. with honours in Civil Engineering from the SCE College of Engineering.


Ambassador, Advisory Board Member & Business Development in Francophone Africa

Ambassador Lancry, a renowned Israeli academic, businessman and statesman with roots in Morocco, has served as a Business Development Consultant to the Vital Capital Fund and as a Member of its Advisory Board since 2010.

Ambassador Lancry immigrated to Israel as a teenager from Morocco and began a life of public service at a young age. From 1983-1992, he served as Mayor of the City of Shlomi, and from 1992-1995 as Israel’s Ambassador to France. From 1996-1999 he was a member of the Knesset, the Israeli parliament, where he also served as the Vice Speaker. From 1999-2002, Ambassador Lancry was Israel’s Ambassador to the United Nations, and from 2003-2010 he was a delegate for International Relations at the Alliance Israelite Universelle. From 2005-2009, Ambassador Lancry served as a Board Member of the Israel Airports Authority, and from 2008-2011 as Chairman of the Board for Israel’s Channel 2.

Ambassador Lancry completed his B.A., M.A. and Ph.D. in French Literature at Nice University. He has written three books and numerous articles on both political and academic subjects. He received the French Legion of Honor award by decree of France’s President Jacques Chirac, and was declared an Officer of Morocco’s Order of the Throne by His Majesty Mohammed VI.


Advisory Board Member

Wesley Kanne Clark, Sr., KBE, is a retired general of the United States Army. General Clark is actively engaged in global public affairs, political campaigns and humanitarian efforts. He is a frequent contributor and commentator in the global print and electronic media on a broad range of current affairs. Clark also currently serves as the co-chairman of Growth Energy, the leading biofuel trade association in the U.S.

General Clark spent 34 years in the United States Army and the Department of Defense, receiving numerous military decorations, several honorary knighthoods and the Presidential Medal of Freedom. Clark commanded Operation Allied Force in the Kosovo War during his term as Supreme Allied Commander of Europe for NATO from 1997 to 2000.

General Clark earned a degree in Philosophy, Politics and Economics from the University of Oxford and later graduated from the U.S. Army Command and General Staff College with a Master’s degree in Military Science.


Advisory Board Member