Africa Media Fund is a privately-managed impact fund targeting media as an asset class.
The purpose of the fund is to invest in media infrastructure, unlock opportunities presented by the fourth industrial revolution; while stimulating entrepreneurship in the creative sector.
Mr. Jan Moganwa: Non Executive Director
Chunyiswa Kwinana: Chief Transformation Officer
Tower Capital Management
Programme Management Office
Tshepo is the Chairperson of the Africa Media Fund, responsible for cooperate governance and strategic direction. He has vast business experience of over 16 years as an entrepreneur who has been involved in the business concept modelling of various Investment portfolios, especially in the South Africa Labour Union Market. He has been the chair of a number of entities that he co-owned with Nehawu and Cosatu Investments across a number of commercial sectors in ICT, Pharmaceuticals, Media, Investment Management and more. His extensive public sector interactions have seen him fundraise and manage a net asset value Portfolio worth over ZAR20 billion.
Parallel to the work done in the Unions investment arena, he is involved in ICT infrastructure projects that seek to provide innovative but reliable connectivity to government, closed communities and businesses at large. He is invested in IT security portfolios that connect cyber, electronic and forensic sectors linked to the Public and private sectors. He currently sits on a number of Boards in and outside South Africa.
Dr. Khumoetsile Moetse is a seasoned diplomat, social entrepreneur, and philanthropist with Double-Doctorate in Philosophy and Chaplaincy from the Trinity International University of Ambassadors and Humanitarianism from the Global International Alliance. She is a qualified Chartered Marketer (CMSA), and has a BBA Degree in Marketing Communications, a Diploma in Marketing from IMM, and a Diploma in Business Administration from the University of South Africa. On international women’s month and humanitarian day March 2019, she was awarded a UN Global Leadership Award during the United Nations CSW63 Conference that took place in New York for the sterling work she does in her sectors of influence and her positive impact on humanity. Dr. K (as lovingly known) started her career at the Department of Trade and Industry (the dti) in 2001 as a Marketing Officer, and became a Relationship Manager and Advertising Manager, respectively. During her tenure at the dti, she worked on the establishment of the new dti brand, which was adopted by Parliament as a blueprint for all government departments. While at the dti, she also served as the Secretariat of the International Relations Committee where she facilitated the restructuring and repositioning of the dti brand in South Africa and foreign economic offices, promoting South Africa’s exports and attracting foreign direct investments into the country, marketing the BEE codes of good practice to multinationals and embassies operating in the country. Through her strategic marketing skills, she was part of the team that birthed and activated the South Africa Inc. brand, which culminated into the Proudly South Africa organisation and International Marketing Council (now called Brand SA).
The legacy she left behind was the new dti brand and the dti campus in Sunnyside, Pretoria which is based on the concept of Mapungubwe as the first trading hub in Africa. To date, her signature is engraved on the walls of the dti campus among that of former President Thabo Mbeki and Minister Alec Erwin who led the country’s economic transition at the time. Due to her high performance and results-driven attitude, Dr. K was head-hunted to set up Indalo Yethu in 2006 as an endorsement brand of the Department of Environment and Tourism; where she served as a General Manager: Marketing Communications. This, after successfully hosting the South African expo at the World Summit on Sustainable Development (WSSD). @amb_khumoetsile In 2007, she was appointed as a Reputation Specialist and Senior Strategist for Telkom Ltd and headhunted for the same position by Eskom Holdings Ltd in 2008 where she made her mark as a renowned expert in shaping brands and safeguarding corporate and country reputations. Dr. K is a contributing writer in “The Internal Alignment Factor” by Cees Van Reel; and participated in the formation of Chapter 8 of the King 111 Commission ~ both publications are aimed at guiding organisations in leveraging stakeholder support and managing reputation risks. Other international publications she has produced that stand out include The Special Edition of Nelson Mandela’s Farewell Magazine, Impressions of an Icon – A Special Tribute to Nelson Mandela coffee table book and a pocket Guide for Daughters of Zion for Women.
She was an Executive Producer of Mother of the Nation documentary series as a tribute to Mama Winnie Madikizela-Mandela, which was broadcast by SABC locally and syndicated to more than 100 countries during and post Mama Winnie’s send-off. Her love for writing has since grown and we can expect her to publish books and produce documentaries and talk shows soon. In recognition of her contribution towards the country’s image, socio-economic impact and influence on policies, the Minister of Arts and Culture appointed Dr. K to a Parliamentary Advisory Committee called the Local Content Task Team in 2013, as the country prepared for digital migration. The task team worked closely with SABC, MASA, ICASA, CNBC and MultiChoice in charting the country’s transition towards DTT and restructuring the television, film and broadcasting industry. It is her sterling work herein that led to the Minister of Communications appointing her as the National Chairperson for Local Content from 2014, and her leadership resulted in the Mzansi Golden Economy strategy, “90/10” policy for local content, and Copyrights Amendment Bill. She currently advices various structures that are charting the way and providing training on the fourth industrial revolution (4IR). It is this journey that birthed her passion and investment drive in television, film, and broadcast media. Now the Executive Chairperson of Inure Africa Group, Founder of Black Pearls Foundation (which owns the Women Matter Cup), Patron of World Youth Summit and General Partner of Africa Media Fund. Through these institutions, she has committed her time and resources to creating generational wealth, serving women and youth, and transforming the media industry in Africa. Her dynamic purpose and calling determine the type of work she partakes in.
Richard is the Lead Fund Manager of the Africa Media Fund, who is also a Non-Executive Director responsible for the Investment Committee.
His skills and expertise include amongst others, Property Development and Management, Asset and Investment Management, Project & Programme Management, Cross-Border (Africa) Transactions, Corporate Governance, Public Finance Management, Due Diligence, Strategic Planning, Risk Management, Contract Negotiation, Business Strategy. Financial and Operational Management & Reporting, Financial and Reporting Systems.
He has been exposed to the following sectors: Public Sector, Property Development, Property Management, Financial Services (Asset Management and Asset Consulting), Project and Programme Management, Private Equity, Renewable Energy (Solar PV) and Hospitality (hotel development and management).
His qualifications include: Bachelor of Commerce (University of Cape Town), Post Graduate Diploma in Accountancy, Corporate Governance Qualification (CSSA) – Associate status.
Tshepo is the Transaction Advisor of the Africa Media Fund. He is also the Chief Investment Officer of Seriti Asset Management. His responsibilities include being the custodian of the equity research process and portfolio implementation.
Before establishing Seriti, Tshepo worked at Cannon Asset Managers as Senior Portfolio Manager. His responsibilities included direct management of Cannon’s global portfolios including the House view Global Equity portfolio. It is in this capacity that Tshepo acquired the training of successfully managing portfolios with limited team resources. In his early stages at Cannon, he was Head of Portfolio Construction.
Prior to joining Cannon, Tshepo worked at Investment Solutions where his responsibilities included managing guaranteed smooth bonus portfolio, performing asset allocation and asset/liability modelling for large pension funds, structuring capital protection strategies and servicing the firm’s clients. He was also a member of several committees in the firm including being Chairman of the United Nations Principles of Responsible Investment steering committee.
Tshepo holds a BSc (Mathematics and Mathematical Statistics) and BSc with Honours (Mathematical Statistics) from the University of the Witwatersrand, Johannesburg.
Jan is a Non-Executive Director of the Africa Media Fund board. He is an executive with passion for people and technology. His work experience over the past 20 years ranges from IT systems development, insurance, banking, media business, a member of group executive team in a listed telecommunication company going through a rebirth process; from legacy systems and infrastructure to the new digital services.
Some of the positions he occupied include amongst others Chief Officer, Digital Services of Telkom, Chief Operation Officer of MSG Afrika, CEO of Retail Banking, Barclays Africa (since renamed Absa), Executive Head, Business Banking Products, Standard Bank and Senior Systems Developer, Liberty. He served in the following boards as a Non-Executive Director: Absa Technology Finance Solutions, Absa Fund Managers, VISA Business Council EMEA, National Bank of Commerce, Tanzania, Woolworths Financial Services.
His qualification include: Bachelor of Commerce (Economics and Management), UNISA, Postgraduate Diploma in Management, Wits Business School; MBA, Wits Business School, International Executive Development Programme, Wits Business School and General Management Executive Programme, Harvard Business School.
Tower Capital Management is a South African based, black owned fund management business. Founded in 2009, and with a history in alternative investment strategies. The business has now expanded its product suite to include traditional equity and credit strategies.
Over the years, the team at Tower has refined its competence to combine both fundamental research and tactical execution with broader asset allocation skills. Return-generating opportunities are sought from both local and international financial markets.
WE CONTRIBUTE TO:
Range from 20% – 60% of the full investment value depending on the associated merit and risks, with deal values ranging from USD 1m to USD 25m for continental content and infrastructure investments.
Range of USD 5m to USD 75m for international content and media/ digital marketing infrastructure investments.
Are set between 24 and 84 months (2 to 7 years) from first draw down depending on deal specific circumstances.