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Bernard has had extensive experience in venture capital, investment banking and telecommunications strategy across sub-Saharan Africa. He is an Investor at Norrsken22, covering West Africa. Norrsken22 is an African tech growth fund providing capital and strategic value to founders. Prior to Norrsken22, Bernard was Head of Investments at Acuity Venture Partners, an Africa focused investor in early stage tech companies. Bernard led Acuity’s investment in over two dozen African tech businesses across FinTech, Market Enablement and Soft Infrastructure verticals. Before this, Bernard was a Senior Associate at I-DEV International in Kenya, helping companies across East Africa scale by helping them raise growth finance and supporting them with strategy and go-to-market blueprints. Bernard has experience in driving strategy formulation and execution in the telecoms space: as Vodafone’s Senior Strategy Specialist, he helped establish the firm’s 2020 Long-Range Plan and ‘WIN’ strategy. Bernard was involved in sourcing and origination efforts for blue-chip clients across a number of sectors, raising a combination of equity and quasi-equity during his time at IC Securities in Ghana.Bernard holds a B.Sc. in Management Information Systems, Cum Laude, from Ashesi University where he was a recipient of the President’s Scholarship, Leadership and Citizenship award.
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PrincipalNorrsken22 Jan 2022 - PresentWest AfricaBernard covers West Africa at Norrsken22; an African tech growth fund. We provide growth capital and deep strategic value to founders while positioning them for international expansion and impact. Every investment is a partnership and value-creation goes far beyond just capital.Portfolio (and counting):Sabi - B2B Marketplace (Nigeria) - https://sabi.am/B2B marketplace for informal merchants to source, order and pay for inventory digitally and conveniently.Smile Identity - Digital KYC (Pan-Africa) - https://smileidentity.com/Identity verification and compliance solution supporting SMEs and large corporates with KYC checks for onboarding, subsequent transaction authentication and fraud prevention.Nala - Cross-border payments (Pan-Africa) https://www.nala.com/ +https://www.rafiki.com/Cross-border payments solution providing immigrants in western markets with a trusted, convenient, reliable, affordable and fast way to send money home. -
Mentor, Mest Express AcceleratorMest Africa Jun 2022 - Jun 2023GhanaMEST Express is an accelerator program targeted at early and growth-stage tech startups in Ghana. The program aims to equip startups with the necessary skills and resources needed to scale their business. During the program, founders will work with business experts and top tech leaders from the MEST network to build business resilience, increase business acumen and technical know-how to create meaningful impact. -
Investor Advisory Committee - Inclusive Digital Commerce AcceleratorCatalyst Fund Feb 2022 - Nov 2022GhanaCharitable investment vehicle and venture accelerator to support inclusive digital commerce companies that can improve the resilience of micro and small enterprises. The program supported six growth-stage companies.BFA Global established the Investor Advisory Committee to draw on the network and expertise of a group of successful venture investors and entrepreneurs with track records in this sector. -
Head Of InvestmentsAcuity Venture Partners Jan 2021 - Jan 2022Nigeria & Ghana22 investments! Nigeria, Ghana, Kenya, Egypt & MENA. 8 sectors: FinTech, Digital Logistics & Inventory Management, HealthTech, HrTech, Customer Acq & Engagement, InsureTech & Marketplaces.16% of companies have a Female Founder / CEO Portfolio Companies: - Spektra (Dash App) - Indicina - Mono - Lemonade Finance - OnePipe - SEND - Bento - Termii - Brass - BitNob - AmiTruck - Lami Insurance - HealthTag (Bypa-SS) - Fulfilment Bridge - Sabi - Brimore - Mecho - Field Intelligence - Shara - Baloon Insurance - PayDay - SendMe -
Senior Investment AssociateAcuity Venture Partners Jan 2020 - Jan 2021Nairobi, KenyaEarly stage investor.Empowering tech entrepreneurs focused on solving Africa's most important problems, through advisory expertise, network connections, and early-stage capital. -
Senior AssociateI-Dev International Jan 2019 - Dec 2019Nairobi, KenyaEmpowered companies across Sub-Saharan Africa scale and grow with strategy blueprints and growth finance.Strategy formulation and execution for highly scalable and impactful businesses across East Africa, with a special focus on Kenya and UgandaSourcing and securing investments (USD 2m – USD 10m) via equity, quasi-equity, debt or a combination of these, as part of growth finance for portfolio companies Business advisory work for impact focused companies, including SME’s and early stage companiesProject manager responsible for end to end control and direction, investor relations management and effective coordination on live mandates -
Senior Strategy SpecialistVodafone Ghana Nov 2015 - Jan 2019Accra, GhanaDriving the formulation and seamless execution of Corporate Strategy and the market penetration for priority (CEO/EXCO) projects and Big BetsCrafting the Long Range Plan (3 Years) of Vodafone Ghana and leading total business guidance during 5+7 and 9+15 planning sessionsLead, Pricing Steering Committee – driving pricing strategy on key products and services across the consumer mobile portfolioLead, Quarterly Business Review (QBR) – planning and managing the timely and periodic review of business performance via a series of monthly and quarterly well-structured processesDriving the creation and maintenance of a comprehensive market model for the Ghana Telecoms landscape, with a focus to carve out key segments / revenue streams that will lead the drive of incremental growth in the medium to near termStrategy SPOC for Mobile Financial Services (Vodafone Cash)Go to Market Specialist for consumer mobile initiatives - crafting strategic blueprint for end to end commercial consumer deployments -
Associate, Investment Banking GroupIc Securities (Ghana) Limited Jun 2012 - Nov 2015Accra, GhanaLed sourcing and origination efforts and managed the execution of Investment Banking transactions on the sell-side, including equity and quasi-equity financing across a number of industries including: FIGS, TMT, Pharmaceuticals and Real EstateLed the building of pitch books, valuation reports, comprehensive financial models and client presentations; creating and managing industry reports to support origination effortsKey Transaction Experience: • GHS 26.5 million IPO for Mega African Capital on the Ghana Stock Exchange• USD 30.0 million quasi-equity for West African contract mining services company• Advisory work for Ghanaian NBFI to acquire a license and operate as a Universal Bank• USD 17.5 million advisory work for the sale of two-thirds of a pharmaceutical company in Ghana• Led sourcing efforts to acquire mandate for the raising of GHS 180 million for GGBL (Diageo) via a Rights Issue on the Ghana Stock Exchange• Led sourcing efforts to acquire mandate for the raising of USD 100 million for Ghana Re, the leading international re-insurer in Ghana -
Research AssociateAsoko Insight May 2014 - Jan 2015Accra• Conducted research on growth economies and companies; providing investors with key market data on emerging markets across sub-Saharan Africa• Supported with the provision of technical assistance to aid the entry of strategic investors into such markets -
Summer Intern, Capital PlanningNewmont Ghana Gold Limited May 2011 - Aug 2011Accra, Ghana• Performed cost and benefit analysis on proposed projects to vet their inclusion in the Newmont portfolio• Key member of Investment Review Panel (IRP) sessions• Member of the team responsible for the 2012 Capital budget (version 1)• Assisted departments in putting together their Authorization for Expenditure (AFE) documents -
Management ConsultantFagem Ltd Jul 2008 - Oct 2009Accra, Ghana• Business Advisory for FMCG • Prepared financial statements (Statement of Financial Position, Income Statement)• Developed selling and distribution strategies which yielded a 12% YoY growth in revenue
Bernard Ghartey Skills
Bernard Ghartey Education Details
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Bachelor Of Science (Bsc) -
St. Augustine'S CollegeWest African Secondary School Certificate Examination
Frequently Asked Questions about Bernard Ghartey
What company does Bernard Ghartey work for?
Bernard Ghartey works for Norrsken22
What is Bernard Ghartey's role at the current company?
Bernard Ghartey's current role is Principal at Norrsken22.
What is Bernard Ghartey's email address?
Bernard Ghartey's email address is ar****@****hoo.com
What schools did Bernard Ghartey attend?
Bernard Ghartey attended Ashesi University, St. Augustine's College.
What skills is Bernard Ghartey known for?
Bernard Ghartey has skills like Finance, Teamwork, Microsoft Office, Financial Analysis, Accounting, Microsoft Excel, Investment Banking, Financial Modeling, Investments, Powerpoint, Financial Reporting, Team Leadership.
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Bernard Ghartey
Marketing Asistant (E-Commerce) |Team Leader | Data Entry | Logistics Management | KmmrceDubai, United Arab Emirates
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