Given high economic growth, rapid urbanization, and soaring consumer spending, Capri Global Capital believes that most African markets are sorely lacking in quality commercial and residential real estate stock. Further, current, in-place urban infrastructure is woefully inadequate and struggling to keep up with the pace of economic expansion.

  • Africa’s economy is growing faster than the economies of all other continents. About one third of the 54 African countries are seeing annual GDP growth of more than 6%.
  • Natural resources, the related government spending they financed, generated just 32% of Africa’s GDP growth from 2000 through 2012. The remaining two-thirds came from other sectors, including wholesale and retail, transportation, telecommunications, and manufacturing.
  • Africa will soon have the world’s youngest and largest workforce – today exceeding 500 million people.
  • In many African countries, urbanization is boosting productivity, demand, and investment. Today, 42% of the continent’s one billion people live in cities – a proportion roughly comparable to China and larger than India.
  • There is a huge and rapidly growing consumption demand in Africa for basic services and goods. Rapid urbanization and a well-informed expanding middle class is creating demand for “world class” property assets.



Paul B. Edwards

President and Chief Executive Officer

Mr. Edwards is a partner and oversees the firm’s marketing and investment activities across Africa, India, and the Middle East and is President of Capri Africa. He is a member of the Global Management Board. Mr. Edwards has more than 30 years of international securities and investment banking structuring experience. Prior to joining Capri, Mr. Edwards served as Managing Director and Head of North and South America Asset Securitization for WestLB and WestLB Panmure Securities. Mr. Edwards began his career as a commercial lender at Citibank, N.A. in the 1970s, ultimately serving in management positions in Africa and the Middle East for nearly 10 years. He brings a wealth of overseas investment experience to the firm. Mr. Edwards is on the advisory board of the Institutional Institute of New Jersey, a member of the National Association of Securities Professionals, and is a trustee and president of the United Methodist Foundation of greater new Jersey Annual Conference. Mr. Edwards holds a Master of Business Administration degree from The Wharton School of the University of Pennsylvania and a Bachelor of Arts degree in Anthropology and Economics from Dartmouth College.

learn more >

Natasha J. Mutai

Managing Director and Chief Investment Officer,
East Africa and Southern Africa Region Head

Natasha Mutai oversees the investment functions of Capri Africa and manages the investment and asset management initiatives of the East and Southern Africa regions. She previously served as the Asset Manager, East Africa for STANLIB Direct Property Investments based in Nairobi, heading up STANLIB’s property initiatives in the region. Responsibilities included deal origination and evaluation, managing client and partner relationships, and monitoring and reporting on the implementation of projects for various property funds. Ms. Mutai joined STANLIB in June 2013, following three years as Regional Head of Real Estate, East Africa at Stanbic Bank (Standard Bank of South Africa) also based in Nairobi. She holds a BA Building Economics degree from the University of Nairobi and earned a Master of Construction Management from the University of New South Wales, Sydney, Australia. Ms. Mutai is also a registered Quantity Surveyor, and is a founding member of the Institution of Construction Project Managers (ICPM) of Nairobi, Kenya.

learn more >

Kofi D. Asomaning

Managing Director, West Africa Region Head

Kofi Asomaning is the Managing Director responsible for the investment and asset management activities of Capri in the West Africa region. He previously served as a Senior Manager, Real Estate West Africa for Stanbic Bank based in Accra, Ghana as the Head of Real Estate Finance (Debt) and Real Estate Investments (Equity). Mr. Asomaning was responsible for assessing and determining funding for real estate development and financing opportunities across the region. Prior to Stanbic, Mr. Asomaning was the Senior Real Estate Advisor – Advisory Services for Ernst & Young in the Corporate Real Estate, Investor Services and Construction Advisory practice in New York. Mr. Asomaning is a certified member of Project Management Institute, a globally recognized certification that demonstrates competency to lead and direct projects. He is also a founding member of The Human Development Group, Ghana, a non-profit which empowers young people to discover and achieve their full potential. He has a MBA from The Wharton School of the University of Pennsylvania and graduated Summa Cum Laude (first in his class) with a BSc. Architecture, Pg Diploma in Architecture from the University of Science & Technology, Kumasi, Ghana.

learn more >



Stringer: A Reporter’s Journey in the Congo

Anjan Sundaram

Things Fall Apart

Chinua Achebe