Justin Chinyanta is a prominent African investment banker from Zambia. He is the chairman and chief executive officer of Loita Holdings Corporation Africa ("the Loita Group"), parent company of pan-African investment banking corporation Loita Capital Partners International, pan-African financial ICT firm Fintech International, and Loita Transaction Services, the pan African switching and electronic funds solutions company.
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Chinyanta is reputedly one of Zambia's wealthiest men, with investments in Banking, IT, Insurance and Property.
Background
Born in Zambian in 1959, Chinyanta was born into a family of 7. Upon completing his Law degree at the University of Zambia (UNZA), Chinyanta was hired by Citi Bank Zambia and placed into the companies apprentice program. Chinyanta spent his formative years studying banking on the Citi Bank Junior Program in Greece.
Upon his return to Zambia, Chinyanta quickly rose through the ranks at Citi Bank with his knack for closing deals and arranging financial products. In his late 20's he was selected to an upper management position in Citi Bank Zambia, eventually becoming VP (Vice President) of Citi's Zambia division and then the Africa Office, based in Nairobi, Kenya.
Loita
Chinyanta and his co-founders (all from Citibank) quickly went to work closing a series of deals around Africa. Being an African, allowed for Chinyanta and his team to navigate the market in a way that many foreign banks struggled to do. This meant that they had a strategic advantage at navigating the politically tenuous African market.http://www.nytimes.com/2001/12/17/business/international-business-small-scale-financing-takes-hold-in-africa.html
Chinyanta has led the development of the debt and capital markets throughout Africa. In a time when foreign banks were not interested in the potential of Africa as an emerging market, Chinyanta's company single-handedly arranged and facilitated some of the first bond-issuances and capital market initiatives in the continent.
To date, Loita Capital has arranged over $3Billion of deals throughout the continent, making Loita one of the most notable private finance houses operating in the continent.
Loita currently owns an extensive portfolio of companies, from credit providers such as AAR credit in Kenya; to banks such as Ecobank Malawi; to technology firms such as Fintech Kenya, Uganda and Malawi and switching companies such as Kenswitch(Kenya), Zimswitch (Zimbabwe) and Zamlink (Zambia) as well as EFT Solutions (Ghana, Mauritius and Zimbabwe).