Friday, 26 April 2024

Eytan M. Stibbe, Founding Partner Vital Capital Fund

Ghana

Champion's Profile

Eytan M. Stibbe, the Founding Director of Vital Capital Fund, has been involved in investment in Africa for the past 26 years. Mr. Stibbe has worked extensively in initiating business and financing ventures worldwide, primarily in developing countries, including many countries in Africa. His vision and leadership have led to the initiation, implementation and successful completion of high-profile projects throughout this region, with a consistent focus on aligning humanitarian objectives with financial and business interests. Mr. Stibbe’s successes in this regard have become a hallmark of his involvement in any project or investment and have resulted in tangible improvements in the quality of life for tens of thousands of people.

UNDP SDG

Decent Work and Economic Growth

Description and impact

Vital Capital Fund is a $350 million private equity fund that invests 100% of its capital in impact opportunities which simultaneously enhance the quality of life of communities in rapidly developing nations, primarily in Sub-Saharan Africa, while also delivering attractive financial returns for investors. 5 million individuals annually receive essential products or services through Vital’s investments and $740 million in local purchases made by portfolio companies (of which $78 million paid directly to smallholder farmers). In 2009, Eytan Stibbe and partners of the Vital Capital Fund committed to launch ADAMA Junior, an innovative educational program that creates agricultural villages, communities of about 200 students and their teachers, to educate and train Angolan girls and boys between the ages of 14-20. The program provides formal education as well as practical experience in agriculture, technology and industry. Each village will accommodate the students and serve as their home until they find their place in the country's work force.