Voices from the jury: Duncan Onyango
The African economy has experienced a trend in recent years with Kenya’s increasing number of innovation start-ups, providing solutions to business problems.
Listen to juror Duncan Onyango’s ideas on investing in Africa’s innovation start-ups! on CNBCAfrica >> Investing in Africa’s innovation start-ups
Acumen Fund East Africa
Duncan Onyango is Director of East Africa for Acumen Fund Inc., a nonprofit global venture fund that invests in companies, leaders and ideas to change the way the world tackles poverty. Onyango oversees Acumen’s portfolio of companies working in agriculture, energy, education, health care, housing and water and sanitation. Since 2007, Acumen has invested more than $35 million in social enterprises across East Africa. Prior to Acumen, Onyango served as the Group Chief Finance Officer of Rift Valley Railways, where he led the structuring of a $287M debt and equity capital investment in the rail sector. He began his career with over ten years at Abbey National, a major international bank in London, gaining cross-functional business experience in both the retail and corporate arms of Abbey, including serving as the bank’s Head of Training & Management Development for the Wealth Management Division. Building on that experience, Onyango moved into consulting at Strategic Workforce Limited in London, before returning to East Africa where he founded Quantum Africa in 2006, working with many small businesses and entrepreneurs. He has expertise in strategic & business planning, organizational alignment and business transformation. Onyango holds an honors degree in Computing and Retail Management from Oxford University.