Ronald Tamale

Ronald Tamale is a Founding Partner, Head of Sub-Saharan Africa at Affirma Capital and is based in Johannesburg.

Prior to Affirma Capital, Ronald was Managing Director and Head of Africa for Standard Chartered Private Equity (SCPE) and was responsible for private equity investments across sub-Saharan Africa. He was a founding member of Standard Chartered’s Africa Private Equity (SCPE Africa) division in 2008. From 2008 – 2019 SCPE Africa invested over US$1 billion in businesses in the telecommunications, banking, oil & gas, agriculture, retail, manufacturing, energy and consumer goods sectors across the bank’s geographic footprint in Africa. During that timeframe SCPE Africa invested in 12 companies and exited 5 of those investments. Ronald had been involved with several of the fund’s investments including Export Trading Group, Copperbelt Energy Corporation Plc, Lodestone Brands, AfriSam and GZ Industries.

Prior to joining SCPE, Ronald spent 6 years at Goldman Sachs in the U.S. before relocating to Africa from his role as a Senior Associate within the U.S. investment giant’s investment banking division.

Ronald holds an MBA from the Stanford Graduate School of Business and a Bachelor of Arts degree in Economics from Pomona College.

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