News

Millennial Capital appoints new board of directors

HandshakeDubai-based venture capital firm Millennial Capital has announced the formation of a new board of directors. Following its annual general meeting in Beirut, Millennial has appointed Hamad Al-Attiyah as chairman and Konema Mwenenge, Georges Chackar, Shailesh Dash and founder Andreea Danila as board members. The new board will be responsible for enhancing the management and business functions of the group including growth strategy, risk management, financial controls and corporate governance, the firm states. Millennial Capital is planning to launch its first venture fund later this year with a focus on investing in global consumer brands. It has stated that it is aiming to have a first closing of the fund at $15 million. In 2017 the firm forged a partnership with Brazilian fragrance company O Boticário with the objective of developing its operations in the Gulf Cooperation Council market. ©2019 funds global mena

Executive Interviews

INTERVIEW: ‘Financing is the blood of Iran’s economy’

Amid a fresh wave of American sanctions, Romil Patel spoke to Meysam Hamedi, director of financial markets and instruments at Iran’s Securities & Exchange Organization (SEO).

INTERVIEW: Totally mega

In 2016, global consulting firm PWC forecast the emergence of five global ‘megatrends’ in the next two decades. Stephen Anderson, its Middle East clients and markets leader, talks about their...

Roundtables

South Africa asset management roundtable: Global rebound on ice

Experts discuss the investment implications of the coronavirus pandemic, a delayed rebound in global growth and dealing with South Africa’s energy issues head on. Chaired by Romil Patel in Cape Town.

South African roundtable: Taking the bull by the horns

Our panel discusses Chinese investment in Africa, financial institutions’ contribution to economic sustainability and regulatory concerns. Chaired by Romil Patel in Cape Town.