WealthAccess Investment Managers, a Zimbabwean asset management firm, is revolutionizing its approach by venturing into infrastructure finance, departing from the traditional focus on equities and properties. With a portfolio exceeding $100 million and a pipeline of projects spanning rail, water, roads, and energy infrastructure, the firm is poised to make a significant impact.
Under the leadership of CEO Takudzwa Mhlanga, WealthAccess is leveraging its expertise in finance and engineering to tap into the lucrative infrastructure space. Mhlanga’s extensive experience in energy and infrastructure investing, honed during his decade-long stint in the Middle East, is a significant asset to the firm.
The company’s recent acquisition by a Middle Eastern investment fund with interests in infrastructure development has further bolstered its capabilities. With a rebrand to Rulethu Investment Managers on the horizon, WealthAccess is set to unleash its full potential in infrastructure financing.
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Mhlanga envisions a future where infrastructure financing is democratized, with private sector players like WealthAccess bridging the funding gap that has long hindered African governments, including Zimbabwe’s. By investing in companies and projects driving infrastructure development, the firm aims to unlock the continent’s vast potential.
Infrastructure funding, Mhlanga notes, offers a resilient asset class with long-term performance, even in economic downturns. With strategic holdings in primary industry and trading, WealthAccess is positioning itself as a key player in Zimbabwe’s infrastructure development landscape.
As the government calls for increased involvement from capital markets players in infrastructure development, WealthAccess is answering the call. By filling the funding gap, the firm is poised to make a lasting impact on Zimbabwe’s infrastructure landscape, driving growth and development for generations to come.
