
Leadership
Group Leadership
Lameck Muriithi Nyaga
Chief Financial Officer
Lameck is an enterprising, extroverted and customer-focused Business Executive with a natural ability for building new businesses and forging loyalty with clients, vendors and external business partners. He’s highly knowledgeable in business operations with a notable track record of delivering record-breaking improvements for highly competitive businesses.
He has over 16 years of experience in various sectors including Financial Services, FMCG, Investments, Real Estate, Energy, and Professional Services. He has extensive knowledge and expertise in strategy, business operations, investments, and corporate finance in start-ups and established organizations. Lameck started his career at PwC and has served in the senior leadership teams at AFEX Commodities Exchange and Anjarwalla & Khanna as the Group CFO. Before joining PAIX, Lameck served as a Finance Director, Portfolio Operations at Centum Investment Company Plc.
Lameck holds a First Class Honours BA in Economics from Egerton University and an MBA for Executives (Distinction) from Strathmore Business School in collaboration with IESE, and is a Certified Public Accountant of Kenya (CPA(K).
Hlumelo Fungile
Head of Sales
- Hlumelo has over 15 years of experience in the telecommunications and data centre industry.
- Beyond his professional achievements, Hlumelo is passionate about mentoring young professionals and promoting digital inclusion in Africa. His commitment to fostering technological innovation aligns perfectly with PAIX's vision of empowering digital transformation across the continent.
Vanessa Hiette
Legal Counsel
Vanessa is an international legal counsel with over 18 years of experience in the telecommunications industry, holding dynamic roles in multinational corporations worldwide. Vanessa is also a certified mediator, showcasing her dedication to conflict resolution.
She's an esteemed alumna of Paris University, possessing a Master's Degree in Law from the renowned Pantheon-Sorbonne and Paris V – Descartes.
Country Managers
Boubacar Fall Sy
Managing Director, Senegal
Boubacar is a progressive leader in the telecommunications industry, with expertise focused on B2B relationships. He held the position of Head of Sales at Free in Senegal, where he led the implementation of the business strategy, achieving maximum return on investment and economic success in alignment with the company's overall strategy. Previously, he worked for Tigo Senegal as a key account sales manager, where he implemented sales strategies, monitored production indicators, planned, organized and supervised the activity of the sales teams.
Boubacar studied accounting and management of organizations in France, before obtaining a degree in computer science with a specialization in computer networks.
Board Members
Raza Hasnani
Non-Executive Director
Raza Hasnani has over twenty-three years of infrastructure, private equity, and impact investing experience in Africa, Asia and the Americas. He leads the infrastructure investments business at Africa 50 (a $850 million investment platform) and is focused on making private equity and growth investments into greenfield and brownfield projects as well as platforms. He has also led project and corporate financings for energy and infrastructure projects around the world while at Exxon Mobil Corporation in Dallas and Houston. He started his career at Deloitte in Philadelphia.
Mr. Hasnani has invested in renewable and conventional power projects, electric and gas utilities, pipelines, ports, terminals, upstream, refineries, transportation, and other energy and infrastructure assets around the world.
He holds an MBA from the Wharton School at the University of Pennsylvania and a BA from Franklin and Marshall College.
Ahmed El Markabi
Non-Executive Director
Ahmed Elmarkabi is an Investment Director at Africa50. He has over a decade of experience in private equity and infrastructure investing, with a focus on power, digital infrastructure, and financial services across Africa and emerging markets.
Prior to joining Africa50, he held investment roles at British International Investment and EFG Hermes Private Equity, where he was involved in the origination, structuring, and execution of equity and project finance transactions across multiple sectors and geographies.
Ahmed currently serves on the board of a leading pan-African fintech company and sits on multiple board sub-committees covering strategic, financial, and risk matters.
He holds an MBA from London Business School and a bachelor’s degree in engineering from the University of Manchester.