Siyanga Malumo

Siyanga Malumo is Chairman of Africana Finance & Investments-AFI (a Johannesburg-based investment banking firm specialising in corporate and project financing advisory and investment, also involved in power project development).

He is a Board Director and shareholder in the 60-year-old CEC PLC (one of the largest private sector power utilities in Africa, specialising in power supply to copper and cobalt mines in DR Congo and Zambia).

From 2013 to 2020 he was Chairman of CEC Africa (which was majority shareholder in Abuja Electricity Distribution Company, in which he was also Vice Chairman of the Board as well as shareholder in the 600MW Shiroro hydropower station in Nigeria).

He is a Zambian national with over 40 years of experience in international banking and finance; with specialisation in infrastructure development and financing. He holds various qualifications in the investments discipline (such Capital Markets held at St Catherine’s College Oxford and Project Finance), an MBA from McGill University in Montreal, a Diploma in Portuguese from Escola Cambridge in Lisbon and a Diploma in French from the University of Madagascar.

He has worked, schooled, lectured and visited in 123 countries (51 of them in Africa), having roles such as Director at Fieldstone Private Capital and Meridien BIAO where he was Regional Chief Executive for 16 banks in 16 countries. This experience has included structuring (conceptualisation from the commercial, financial, legal, technical and socio-environmental perspectives) and packaging of projects (the isolation of risks and the development of risk mitigation measures in order to attract debt and equity to the projects). To this end, he has worked on and mobilised more than US$ 10 billion for projects in Africa.

He has also acted as a resource person in various countries in presidential and cabinet retreats and policy formulation for developing strategies for national and regional large scale infrastructure projects (e.g., Nigeria and South Africa, SADC, COMESA, NEPAD, UNECA and the African Union). The subjects covered have included national and regional infrastructure development policy formulation, project finance, project implementation, project and investment appraisal, resource mobilisation (debt, equity and hybrid financial instruments), development of advisory services, structured trade finance and project risk management. He has also lectured at various universities, regional institutions and other establishments in Europe and Africa (e.g., CEFEB previous in Paris and now in Marseille, African Export Import Bank, Development Bank of Southern Africa, SADC -DFRC, UNCTAD, Associations of African Developmnet Financing Institutions, African Development Bank Training Centre, University of Zambia, the Africa Centre-London, Farnham Centre UK, Workers Education Council UK, etc.).