Namibian private equity firm Eos Capital has announced the appointment of Elzine Mushambi as Co-Managing Director, effective 1 August 2025. She will jointly lead the fund manager alongside Immanuel Kadhila, marking a significant leadership milestone for the firm.
Over the past ten years, Eos Capital has established itself as a cornerstone of Namibia’s private equity landscape, successfully raising and deploying capital through its three flagship funds:
- Allegrow Fund
- Euphrates Fund
- Namibia Infrastructure Development and Investment Fund (NIDF 1)
As the firm enters its second decade, it is positioning itself for renewal, innovation, and regional expansion.
Upon her appointment, Elzine Mushambi remarked:
As we enter our second decade, we are stepping into a time of renewal and reimagination. Eos Capital has become a cornerstone of Namibian private equity. Capital is our tool, but transformation is our mission. We measure success not just in IRR, but in industries built, jobs created, and communities empowered. I am excited to lead the firm into its next horizon—scaling cross-border investments and expanding our dynamic portfolio.
Immanuel Kadhila welcomed the appointment, emphasizing its strategic importance:
Elzine’s leadership comes at an exciting time for Eos Capital as we launch our fourth fund and enter a new decade of investment excellence. Elzine is an accomplished finance and investment leader, bringing deep knowledge of African markets, strategic foresight, and a passion for building inclusive ecosystems. Her appointment reinforces Eos Capital’s evolution into a regional force with global standards.
With Mushambi and Kadhila at the helm, Eos Capital aims to:
- Launch its fourth fund
- Expand cross-border investments
- Strengthen its role as a catalyst for economic transformation in Southern Africa
