Intel Capital Appoints Tobi Oke Africa Investment Director

Intel Capital has announced the appointment of Tobi Oke as its Investment Director, Lagos with the charge to focus on investment in Sub-Saharan Africa. Intel Capital is the global investment and, Merger and Acquisition (M&A) arm of Intel.

Tobi brings to Intel Capital a combination of investment and technology skills developed through a robust practice and experience. Prior to joining Intel Capital, Tobi was an Associate Director at Standard Chartered Private Equity, Lagos. Before then he was an Investment Associate at HSBC Principal Investments in London. Previously he worked as Senior Consultant at Booz Allen Hamilton and as a software engineer and Product Development Manager at Motorola.

He holds an MBA from London Business School and a M Eng. in Information Systems Engineering from Imperial College in London.

Announcing the appointment, Managing Director Intel Capital Eastern Europe, Middle East, Africa and Russia/CIS said “We are pleased to welcome Tobi to Intel Capital. His local knowledge and expertise will help further strengthen our investment team. Sub-Saharan Africa has become a source of an increasing number of innovative technology companies with which venture capital backing can help to develop. With the help of Tobi, we hope to increase our investments in Sub-Saharan Africa.”

Commenting on the announcement, Tobi Oke said: “There is tremendous opportunity to provide entrepreneurs in Sub-Saharan Africa with greater access to capital as well as growth resources including our global network and technological expertise. I look forward to building Intel Capital’s presence in the region and working closely with the local entrepreneurs.”

Intel Capital is dedicated to facilitating economic growth in the region by supporting the local venture capital ecosystem and offering entrepreneurs in the region value beyond equity since 2011. It has made investments in Allied Technologies Limited (Altech) and Rancard. Intel Capital’s expertise, connections, programs, and overall brand value create a distinct advantage that helps entrepreneurs build their businesses, opening doors to new markets, customers, alliances, co-investors and emerging technologies.