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SOLOMON ADEGBIE-QUAYNOR’S POST

Solomon Adegbie-Quaynor

Vice President, Private Sector, Infrastructure & Industrialization at African
Development Bank Group

2y
 * Report this post
   

Pleasure meeting Ms Thabi Nkosi (Chairperson, Land Bank) and Ms. Mathane
Makgatho (Non-Exec Director, Chair of the Investment Committe, Land Bank) last
weekend in Sandton, South Africa. They are so focused on rejuvenating Land Bank
that they agreed to meet over the weekend. I was in Joburg for the successful
Transnet-AfDB port & rail logistics forum, led by Ms. Portia Derby, Group CEO of
Transnet. Land Bank is a specialist agricultural development finance institution
that was established in 1912. AfDB is a major lender to Land Bank. This in line
with AfDB’s high five priority number 2 which is “Feed Africa”. They are
currently going through a business reorganization and financial restructuring.
We are very supportive of the new direction they are taking and the SA
government support in this regard. I was very impressed with the board members I
met and enjoyed our 3 hour discussion, and combined with Ms Khensani Mukhari
(Acting CEO) and Ms Dorothy Kobe (Acting CFO), I would say this is the first DFI
I have met in my global experience that is women-run! Very impressive! My
colleagues Kennedy, Pointer and Richie joined and we are doing what we can to
support Land Bank to emerge stronger and lead in agricultural development in SA,
and become a model for other countries in Africa #Landbank #afdb #agriprocessin
#feedafrica #dfi #Hi-5

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Meselane Molepo

Portfolio Manager: Rest of Africa

2y
 * Report this comment
   

We really hope that the Land Bank could find its feet again, and more especially
finance the excluded smallholder farmer. I hope the new board turn it around. We
rooting on you Thabi Nkosi.

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