OSA Growth Capital is a blended finance fund aligned with SFDR Article 9, structured as a Variable Capital Company (VCC) and incorporated in Mauritius. We invest in decentralized, climate-resilient infrastructure and essential services across underserved markets in Africa — where the need for scalable, sustainable solutions is urgent and growing.
Africa faces an annual infrastructure investment gap of over €100 billion. Rising climate risks, rapid demographic changes, and constrained public financing call for bold, future-oriented solutions. We invest in platforms delivering essential services — such as solar-powered water concessions — through long-term, cash-flow-visible models that are aligned with the UN Sustainable Development Goals (SDGs).
At OSA Growth Capital, we don’t just invest in infrastructure — we build resilient systems that empower communities and shape a more sustainable future.
Our focus is on dynamic, high-growth ventures in the water, energy, and climate adaptation sectors. These platforms combine innovation with operational scalability and measurable long-term impact. By blending catalytic capital with active governance and embedded ESG leadership, OSA Growth Capital unlocks both financial returns and transformative outcomes. OSA GC Energy & Water 1 will be the first impact investing fund dedicated to both sectors in Africa. As these two sectors are often correlated, developing them simultaneously will increase the overall impact of the projects and also ensure a solid return on investment as the demand for water and energy increases due to population growth, industrialisation and urbanisation.
High positive social and/or environmental impact alongside a competitive financial return.
Our international team has hands-on entrepreneurial and long-term investment experience in Africa, including managing multi-dimensional strategic projects and successfully navigating the region's complex business environment while working with local authorities.
We have the local knowledge and deep cultural understanding to engage all stakeholders. Our skills and best practices also enable us to identify opportunities that, with technical and financial support, can be turned into sustainable projects that remain operational and profitable after OSA GC's exit.
Jean-Claude is the co-founder and CEO of OSA Growth Capital, where he leads deal sourcing, strategic planning, and transaction structuring. With over 15 years of experience, he has worked with leading firms including KPMG Advisory, BNP Paribas, Allianz, and Barclays. He also founded OSA Advisory, through which he advised government institutions such as the German Ministry of Energy and Côte d’Ivoire’s Ministry of Water. He has a strong track record in mobilizing capital for high-impact projects across the health, energy, and water sectors—most notably raising €5.8 billion for tourism initiatives in Côte d’Ivoire. Jean- Claude holds an Executive Master in Entrepreneurship & Innovation from HEC Paris, an MBA in International Business from ISG Paris, and a BA from the University of Wales. He is also a member of the Investment Committee at OSA Growth Capital.
Thierry Tanoh is a seasoned executive with over 32 years of experience in finance, banking, and senior government experience worldwide. He currently serves as Chairman of the Advisory Board and Senior Advisor at OSA Growth Capital. Previously, Thierry held the position of Minister of Oil, Energy, and Renewable Energy in Côte d’Ivoire and was also the CEO of Ecobank Group, where he led the bank to its highest organic growth. Earlier in his career, he spent 18 years at the International Finance Corporation (World Bank Group), culminating as Vice President overseeing Sub-Saharan Africa, Latin America, the Caribbean, and Western Europe. During this time, he was responsible for the largest portfolio of investments of IFC (World Bank Group). Thierry holds a MBA from Harvard Business School, a Bachelor's degree in Business from the École Supérieure de Commerce d'Abidjan. Thierry is a Certified Public Accountant (France)
Patrice Fonlladosa is a senior executive with over 35 years of experience in environmental infrastructure. As former Chairman and CEO of Veolia Water for Africa, the Middle East, and India, he built key partnerships with IFC (World Bank Group), Proparco, and institutional investors. Earlier in his career, he held finance roles at Matra Transport Taiwan and Bouygues, and served as Director at The French Development Agency and The Movement of the Enterprises of France. He now leads the think tank (Re)sources and sits on several boards, including The French Council of Investors in Africa. His work focuses on international development, sustainable governance, and private sector engagement in emerging markets. Patrice serves as the Chairman of OSA Growth Capital’s Investment Committee.
Tenke Zoltani is a Geneva-based sustainable finance and impact investing advisor with 15+ years of experience advising investors, corporates, and development institutions on ESG and impact strategy, fund structuring, and sustainability-linked finance. As former Director Impact Investing at UBS, Tenke brings deep expertise in ESG integration and the design and implementation of Environmental & Social Management Systems (ESMS), particularly in emerging markets and blended finance contexts. She has advised on ESMS frameworks, ESG policy, and reporting, including as outsourced Chief Impact Officer for an African credit fund and on ESG strategies in trade finance and infrastructure. Her clients include Lombard Odier, Edmond de Rothschild, WWF, SAP, and The Global Fund. Tenke holds a CAIA Charter, degrees from Columbia and LSE, and contributes to industry guidance.
Franck Nlom is Chief Operating Officer at OSA Growth Capital, overseeing internal operations, strategic planning, and reporting. With over 10 years of experience in asset management, compliance, and investment strategy, across diverse markets in Europe and Africa. He has worked with firms such as KPMG Advisory, Natixis, and Société Générale. At Société Générale, he led key initiatives and managed regulatory relations with bodies like the ACPR and ECB. His strong analytical skills and cross-border experience enable him to align operational efficiency with investor expectations. He also contributes to risk management and governance processes across the fund. Franck holds a Master’s in International Finance from ESLSCA Business School and is a member of OSA Growth Capital’s Investment Committee.
Géraldine is a Senior Investment Manager at OSA Growth Capital, where she leads the origination, structuring, and execution of investments in high-impact SMEs in the water and energy sectors across Africa. She also drives the fund’s blended finance strategy, with a strong focus on financial and impact performance. With over 15 years of experience in private equity and development finance, she has held senior roles at the Belgian Investment Company for Developing Countries, EDFI ElectriFI (The Electrification Financing Initiative) a blending facility funded by the European Union, and Sambrinvest, managing investments across Africa, Latin America, and Europe. Géraldine specializes in equity and debt structuring, risk assessment, and portfolio management. She holds a Business Management degree from HEC Brussels and completed programs at LSE and the University of Santiago de Compostela.
Our Investment Committee brings together a diverse group of seasoned professionals with deep expertise in entrepreneurship, finance, and strategic investment across Africa. With a strong track record of evaluating and guiding impactful ventures, the committee applies rigorous due diligence and a long-term perspective to ensure each investment aligns with OSA GC’s mission. Their combined experience enables them to identify high-potential opportunities, mitigate risk, and support the development of resilient, scalable, and locally grounded businesses.
Sandrina is member of the investment committee of OSA Growth Capital and has over 15 years of experience in impact investing, consulting and business development in Africa. Sandrina is Director of Sustainable Development and Communication for Indorama in Senegal. She has worked on numerous projects for the African Development Bank in West Africa. She holds an MBA from Lancaster University Business School in the UK and a Masters in Human Sciences from the University of Paris VIII in France.
Julie Blümmel-Gascoin is an impact-driven finance professional with 15 years of experience in blended finance, project structuring, and cross-sector partnerships. She recently developed innovative funding models at the International Committee of the Red Cross. Previously, she led infrastructure projects in water and energy at Eranove Group, a prominent pan-African company with an annual turnover exceeding €500 million, and held investment roles at Proparco, I&P Conseil, and DEG-KFW. Julie holds a dual degree in Public and Corporate Management from Sciences Po and HEC Paris. She enhanced her expertise through Oxford’s Social Finance Program and courses at UZH’s Blended Finance Initiative. She is a member of OSA Growth Capital’s Investment Committee.
Thomas is an Independent Director at OSA Growth Capital with over 30 years of experience in alternative investments. He began his career as a trader at the Frankfurt Stock Exchange and has been a director at Donner & Reuschel since 2008, focusing on corporate finance and alternative investments. He specializes in high- yield opportunities in private equity, debt, real estate, sports, and infrastructure, leveraging his expertise to navigate complex markets and seize emerging trends. Thomas is a member of OSA Growth Capital’s Investment Committee.
Pauline Deschryver is Senior Corporate Finance Manager at DTEK, Ukraine’s largest energy investor. She leads project and corporate finance, strategy, and investor relations. With ten years of experience in public and private sectors, including seven in Africa, Pauline specializes in infrastructure finance, investment analysis, and sustainable finance. Previously, she worked at the IFC on infrastructure projects in East and West Africa. She holds a Master of Public Administration from Columbia University and a dual Master’s from HEC Paris and Sciences Po. Pauline serves on OSA Growth Capital’s Investment Committee.
Dr Bassalé is a Luxembourg lawyer with over 10 years of international experience in the construction, infrastructure, energy and transport sectors in Africa and Europe. An expert in public- private partnerships, he is a member of the PPP Working Group of the United Nations Economic Commission for Europe and has worked with DFI, national and international financial institutions such as Compagnie Benjamin de Rothschild, PNUD, BAD, US-AID, UE. A graduate of the École Nationale des Ponts et Chaussées in Paris, he also holds a doctorate in law from the University of Luxembourg.
Innpact Mauritius, our strategic partner, is the CIS licensed manager of MIFGA. The CIS manager in Mauritius works closely with the Fund Management Services (FMS) team in Luxembourg to provide the extended fund management services and access to a whole set of best blended finance fund management experience, tools, reports, processes in Active Portfolio Management, Fund projections, ALM, FX Hedging, Risk Management, Compliance, Fund raising, Financial and Impact Reporting based on 15 years serving the impact finance structure. The FMS team is comprised of experienced consultants and includes a microfinance expert with over 10 years experience within the Financial Institutions Group of the International Finance Corporation (IFC).
As a specialised consulting firm, AWESOME is dedicated to supporting companies and institutions in their effort to develop sustainable infrastructures and improve their performances, particularly in today’s context of energy transition and climate change adaptation.
AWESOME
Strategic Partnership Signed Between AWESOME and OSA Growth Capital to
strengthen the impact of water and energy projects in Africa
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Salon Hamburg
Family Offices as Drivers of Sustainable Change
Tuesday, 2nd of July 2024
Location: Galerie Melbye-Konan, Mittelweg 169, 20148 Hamburgrg
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Impact Investments in Africa
Choiseul Africa Summit
4th of July 2024
Choiseul Africa Summit
Sustainable Finance and New Geopolitical Risks
Prof. Dr. Viktoriia Apalkova, Jean-Claude Konan, Klaus Pinter
29th of February 2024, 17 - 19 Uhr
HSBA Beyond Business
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OSA Growth Capital
Mittelweg 169
20148 Hamburg
Office Côte d'Ivoire
18 BP 314 Abidjan 18
Cocody Riviera 3
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