Former Kaduna State Governor, Nasir El-Rufai, who missed out on Tinubu’s ministerial appointment, is gearing up to embark on a new role as the part-time Chairman of the Board for Afri-Venture Capital Company Ltd.
This announcement comes after his name was not cleared by lawmakers for a ministerial position due to security reasons.
El-Rufai disclosed plans for the VC-PE firm, which aims to support and guide young innovators and entrepreneurs in Nigeria and across Africa.
He shared the news on his X page on Monday , December 4th, expressing optimism about commencing operations in Abuja by January 2024 alongside founding directors Jimi Lawal, Hafiz Bayero, Eyo Ekpo, and Kabir Yabo.
He wrote:
” I can confirm that our VC-PE firm, Afri-Venture Capital Company Ltd will by the Grace of God, begin operations initially in Abuja in January 2024 with Jimi Lawal, Hafiz Bayero, Eyo Ekpo and Kabir Yabo as founding directors and initial shareholders. I am privileged to be the part-time Chairman of the Board.
Please pray for our success and the Nigerian (and in the near future African) innovators and entrepreneurs we hope to finance, nurture, and mentor to be the Dangote Group of the future”.
