Hannah Viviers, Presenter for “Dream Big” interviews William Jimerson, Executive Director for Musa Capital on the Dream Big talk show.
The interview focuses on how Musa Capital, a company that originated in America finds itself operating successfully on the African continent. We also take a closer look at Will Jimerson’s personal journey from Mississippi, America to learning to adapt and live in Johannesburg, South Africa.
Musa Capital is a diversified boutique investment firm based in South Africa. The firm primarily focuses on business advisory and private equity services within Africa. Musa Capital’s journey to Africa came about when the three founding members recognized a huge gap in Africa’s telecoms, financial services, agri-processing, and property industry. With the vision and dream of growing their business, the three Americans ventured into unchartered territory, hoping not only to grow their business, but make a difference and change lives.
Musa Capital has grown exponentially since it launched in South Africa 2005. The company is making a positive impact with its business partners and within the communities it operates. Tackling issues in human resources and skills shortages in South Africa, making short and long term loans accessible to communities, bringing a key focus to education in schools and mentoring young potential leaders through its ‘Emerging Business Leadership Programme’ are a few of the initiatives that have become an integral part of Musa Capital’s core strategy –sustainable wealth creation for Africa.
William also talks about how African countries risk profiles were and are still not attractive which has led to lower investments into the continent. However, Africa has become a frontier in growth and one of the fastest developing economies – well described as an “opportunity in chaos”. The result of this growth has led to first world countries wanting to be immensely involved with Africa. An interesting point William makes is that Africans need to come together to build their continent. The culture of having to wait or depend on someone to create opportunities needs to deteriorate as it is not good for Africa’s economy. Governments need to address the existing generational challenges to better the economy.