(L-R) Andani Madzena, Linda Ngcwangu, Carla Bester

As Arise Invest grows in leaps and bounds, there is a team of dedicated individuals working tirelessly to bring about this growth.

Andani Madzena has been promoted from Investment Analyst to an Investment Associate

Andani Madzena joined Arise as an intern in 2018, and grew trough the ranks to b.ecome an investment associate a few years down the road.

While still an investment analyst, Andani, played an instrumental role in helping Arise to deliver on its mission of investing in Africa’s local prosperity.

Andani is a graduate of University of Fort Hare.

Linda Ngcwangu has been promoted to Senior Investment Associate having joined the team in 2019 as an investment associate. In her previous assignment, Linda worked on several transactions in relation to these assets.

She currently oversees the investment portfolios related to Arise’s partner banks namely DFCU Bank, ECO Bank Transnational inc (eti), ZANACO AND MOZA Banco.

Ngcwangu holds a Bachelor’s of Commerce from the University of Pretoria majoring in financial management, financial accounting and business management.

She is passionate about financial inclusion across Africa and hopes to further develop a vibrant career in the impact investing and equity investing industry.

Carla Bester is now head of Risk and Compliance at Arise Invest and also the lead on any Risk and Compliance related Value Creation initiatives across various Sub-Saharan African countries within the Arise portfolio.

Carla joined Arise in 2019. She is a Certified Risk Management Professional (FRM) and Anti-Money Laundering (CAMS) certified professional.

Over the past years, she has accumulated a great deal of wealth in the areas of extensive banking, investment and consulting experience having worked with a number of leading financial institutions in South Africa and across Sub-Saharan African.

About Arise Invest

Arise is a leading African investment company backed by four reputable cornerstone investors, namely Norfund, Norfinance, Rabobank, and FMO. They partner with sustainable locally-owned financial services providers in Sub-Saharan Africa, who are searching for a way to keep their independence but need financial expertise and long-term capital to prosper. With their in-depth local knowledge, minority shareholding and hands-on approach arise can support these banks to become financially sustainable and a strong contributor to their respective economies.

At present arise manages assets in excess of USD 950 million and is operational in over 10 African countries such as Kenya, Ghana, Uganda, Zambia, Mozambique, Rwanda, Tanzania and Togo.

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