BUSINESSLEADERSHIP

Old Mutual Group, Equity Bank CEOs Join Africa Natural Capital Alliance 

The council members who will champion nature-positive investment across Africa will be unveiled at the ANCA Summit in Cape Town

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Arthur Oginga Old Mutual Holdings Group CEO
Mr Arthur Oginga, Old Mutual Holdings Group CEO.
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Old Mutual Group CEO Arthur Oginga and Equity Bank Group CEO Dr James Mwangi have been picked to serve in the Africa Natural Capital Alliance (ANCA) Governing Council, joining a coalition of African leaders working to mobilise capital for nature-positive investment and sustainable growth across the continent.

The inaugural Council brings together leaders from finance, policy, and conservation to catalyse investment in Africa’s natural capital (including wetlands, forests, and biodiversity). ANCA’s mission is to embed the value of nature into economic and financial decision-making, helping unlock Africa’s natural assets to drive sustainable, inclusive growth.

In his acceptance speech, Mr Oginga said the appointment underscores Old Mutual’s commitment to sustainable development and continued investment in climate-resilient projects, strategic underwriting, and risk pricing. “I am honoured to join the ANCA Governing Council at such a pivotal time for Africa. By aligning capital flows with nature-positive outcomes, we can help restore ecosystems, strengthen climate resilience, and unlock sustainable livelihoods for millions across the continent. I look forward to working with my fellow Council members to translate our ambitions into measurable impact,” Mr Oginga said.

The other Governing council members include Nedbank CEO Jason Quinn, CIFOR-ICRAF CEO Eliane Ubalijoro, CEO, Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) Chairman Dr David Obura, and African Wildlife Foundation CEO Kaddu Sebunya.

Their appointment signals ANCA’s ambition to catalyse real investment and innovation in nature-positive economies across the continent as it reaches a milestone of 130 members with collective assets of over GBP 1 trillion.

The membership of the governing council will be officially unveiled at the ANCA Summit 2025 (7-9 October). ANCA was established in 2022 by FSD Africa out of a need to ensure an African Voice on the global nature agenda.

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Written by
BT Correspondent

editor [at] businesstoday.co.ke

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