Meet Our Team

MR. EYTAN M. STIBBEX

Founding Partner & Impact 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.

MR. NIMROD GERBERX

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.


MS. TAMAR PASHTANX

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).

MR. FRANCISCO MACHADOX

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.

PROF. JIMMY WEINBLATTX

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.

MS. KANINI MUTOONIX

Impact Committee Member  

Ms. Kanini Mutooni is a Managing Director at Draper Richards Kaplan, a Venture Philanthropy institution focused on investing in global early stage entrepreneurs creating impact. She is also a Senior Adviser for Toniic, the global action network for impact investors with over 300 asset owners representing over $16b in investible wealth. Prior to this appointment, Kanini was the Director for Investment at the USAID-funded East Africa Trade and Investment Hub, a $65m, 8 country initiative to attract investment and increase trade in the East Africa region.

Ms. Kanini is a UK Chartered Accountant with a record of exceptional leadership gained in East Africa, Europe and the United States. She is the immediate former Board Chair of The Global Innovation Fund, a $250m investment vehicle supported by the UK, US, Canadian, Australian and Swedish Governments. The fund focused on investing a range of capital for early stage innovations in emerging markets with a focus on food and agriculture, healthcare, clean energy and fintech industries.

Ms. Kanini has worked at Board level in leadership positions at investment banks in London and US, such as Bank of America-Merrill Lynch and Dresdner Kleinwort Benson. In 2014 she was recognized by the World Economic Forum as a Young Global Leader for her exceptional leadership in business and global entrepreneurship. She continues to provide strategic advisory support to a number of Africa focused impact funds such as the $100m African Agriculture SME Fund and is an impact adviser for union Bank Privee’s (UBP) listed global equity fund. She is a visiting lecturer at the University of Capetown’s Bertha Center for Social Innovation.

 

DR. YEHUDA LANCRYX

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.

MR. JACOB KHOLIX

Investment Committee Member

Mr. Jacob has over 25 years of venture capital and private equity experience having worked for CDC, Aureos Capital and The Abraaj Group since 1995, based in London and in Accra. Throughout his career he was involved in several landmark private equity deals in West Africa, such as Ghana Home Loans (Pioneer property mortgage provider, later acquired by First National Bank of S.A) and Fan Milk (leading frozen dairy and juices manufacturer, later acquired by Danone) where he served as board member.

Prior to joining the CDC, Aureos Capital and The Abraaj Group, Jacob worked for Shell in Ghana as a Financial/Management Accountant. He has also trained with KPMG in Ghana.

Mr. Jacob holds a MSc. Finance and a Financial Law degree from the University of London, an Executive MBA in International Business from the Paris Graduate School of Management (PGSM), and a B SC. Administration (Accounting) degree from the University of Ghana Business School.

Mr. Jacob is based in Accra, Ghana.

ERIC DE ROTHSCHILDX

Advisory Board Member

MR. SULEIMAN (SULA) KIGGUNDUX

Investment Committee Member of Vital Impact Relief Facility

Over the past 20 years, Mr. Suleiman has served in senior leadership roles at various leading institutions, including Equator Bank, HSBC Bank plc and as the Regional Director for Africa at CDC Group plc. He is currently the Chief Investment Officer at Equator Capital Partners, a private equity firm focused on microfinance, SMEs and fintech and he also chairs the CFS Group, a pan-African financial services group. In addition, he serves as a non-executive director of various companies, including I&M Bank (listed on the Nairobi Securities Exchange), GA Insurance Uganda and Red Sea Energy.  

Educated as an engineer and economist at Yale University, Mr. Sula is from Uganda and splits most of his time between Kenya and Uganda.

  

 

 

AMBASSADOR KOBINA ANNANX

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.



GENERAL WESLEY K. CLARK, RETIREDX

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.

MR. GUIDO BOYSENX

Leading Vital Impact Relief Facility

With close to 25 years of experience in the financial services and consultancy industry,
Guido Boysen has significant expertise in corporate and SME finance and development,
private equity, venture capital and fund management. He has served at various boards of
private equity funds and local financial institutions, mostly in Africa.

He worked as management consultant at global consulting firm Accenture and as investment
officer at Dutch development finance institution FMO before joining GroFin, a leading small
business financier, initially as Regional Manager East Africa in 2007and later as Chief
Investment Officer. In the last three years, he has led GroFin as its CEO, raising significant
capital and expanding GroFin into various new countries. During his 13-year tenure at
GroFin, he lived in Kenya, South Africa and Mauritius.

Guido holds a Master of Arts in Emerging Markets Finance from Columbia University’s
School of International and Public Affairs, New York, as well as a Master of Business
Economics and Finance from the University of Groningen, the Netherlands. Currently
residing in Mauritius, he is married and has three children

MR. YOAV ZILBERX

VP Business Development-Africa

Mr. Zilber is the Vice President for Business Development Africa of Vital Capital Fund. He brings with him 15 years of experience in managing commercial activities and large turn-key projects in Sub Saharan Africa.

Prior to joining Vital Capital Mr. Zilber was the CEO of Jets Investments LTD, a company focused on executing large scale turn-key impact projects in developing countries. From 2004 to 2009 Yoav served as CEO of Kobil Rwanda Sarl and Kobil Ethiopia LTD, members of the Kenol/Kobil Group of Companies – the leading downstream petroleum group active in Eastern and Southern Africa. During his tenure as CEO he established new companies, oversaw three major M&A transactions and was a member of the Group’s Management team.

Mr. Zilber holds a B.A. in Economics and an MBA both from Tel-Aviv University and is fluent in Hebrew, French and English and conversational in Portuguese.

MR. FILIPPOS AFXENTIOUX

Corporate & Financial Officer

Mr. Afxentiou has served for more than a decade as a Corporate & Financial Officer for several companies in the group. In his roles during the years, Filippos structured and monitored budgets of large-scale construction, agro-industrial centers, energy and health projects in Angola and Congo. With his budget control reporting, he was providing a SWOT analysis, enabling the team to improve its approach on the projects. He was deeply involved with the Governance & Compliance of the companies as well as with the Accounting & Banking of same. He serves as a board member in several companies of the group and runs the operations of Vital in Cyprus.

Before joining the group, Filippos worked for 2 years at Phil Andreou Group. A public company in Cyprus dealing with heavy duty shelf manufacturing and digital printing. During his time in Phil Andreou, he worked as an assistant manager in the shelf department.

Mr. Afxentiou holds a B.A. with distinction from the University of Cyprus with concentration in Management Science & Finance. He is fluent in Greek, English and able to communicate the basics in Spanish

MR. YANIV ZARKAX

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.