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London and Cape Town, 3 August 2020: African Infrastructure Investment Managers (AIIM), a member of Old Mutual Alternative Investments and Africa’s most experienced infrastructure manager, has appointed two joint-managing directors to be based in Cape Town and Lagos, following the retirement of the company’s previous CEO.

Vuyo Ntoi and Sola Lawson, have been appointed from within the business, and will continue to sit in their South Africa and Nigeria offices respectively, as two of AIIM’s key markets in sub Saharan Africa. As AIIM’s new joint-MD’s, they take over from Jurie Swart, who has been CEO of AIIM since 2014 and recently elected to take early retirement to focus on a new challenge outside the AIIM business.

COVID-19

The first case of COVID-19 was reported on 12th December, 2019 in Wuhan, China thereafter the disease has rapidly spread and dominated world affairs throughout 2020. The World Health Organisation (WHO) confirmed COVID-19 as a pandemic in March. As at 30th June, WHO had confirmed circa 10.5 million cases, 5.7 million recoveries and 511,000 fatalities globally. Across the East African region, the pandemic has been accelerating across various countries. As at 30th June, Kenya was the second highest country with confirmed cases, after Sudan.