African debt investor TLG Capital adds another Partner

UK-based debt-oriented investor in African small and medium enterprises (SMEs), TLG Capital, has named Henry Hall as a Partner & COO adding to its top management team as it builds the investment franchise in the continent.

Prior to joining TLG Capital at its London office, Hall was with a London-based utility scale renewable energy firm Eco Energy World (EEW) in its finance wing. EEW recently announced a SPAC-deal to go public on Nasdaq.

Previously he had a short stint at off-grid Kenyan solar firm Pawame after he ran a consultancy firm for six years. In the past he had spent time with Barclays Wealth Management, was Bank of America Merrill Lynch Head of EM Equities, looked after strategic finance solutions at Credit Suisse, had a short stint as CIO of Abu Dhabi Islamic Bank besides spending time with JP Morgan in fixed income vertical.

He joins other Partners at TLG Zain Latif (founder), Isha Doshi and (CFO) and Amanda Kabagambe. Kadagambe was brought in as a Partner a year ago to set up and run its Kampala office, serving as TLG’s Head of East Africa.

In another key hire, TLG has brought in Ahmed Dhouib as North Africa Investment Director. Based at Tunisia, he comes after a seven-year stint at United Gulf Financial Services- North Africa, where looked after private equity as well as seed investments.

Last month, a Tunisian alternative investment fund anchored by Tunisian state-owned investment firm Caisse des Dépôts et Consignations (CDC Tunisia) achieved a first close. CDC Tunisia had selected TLG Capital and United Gulf Financial Services North Africa (UGFS-NA) to co-manage the fund in November 2021.

TLG also carved out a $25 million venture debt fund to back Future Africa portfolio firms.