Eos Capital has announced the appointment of Elzine Mushambi as its new Co-Managing Director, effective 1 August 2025. She will lead the Namibian private equity firm alongside current Co-Managing Director, Immanuel Kadhila.
The move comes as Eos Capital marks ten years since its founding in 2015.
“As we enter our second decade, we are stepping into a time of renewal and reimagination. Eos Capital has become a cornerstone of Namibian private equity, capital is our tool, but transformation is our mission. We measure success not just in IRR, but in industries built, jobs created, and communities empowered,” said Mushambi.
“I am excited to lead the firm into its next horizon, scaling cross-border investments and expanding our dynamic portfolio.”
Kadhila said her appointment comes at a key moment for the firm.
“Elzine’s leadership comes at an exciting time for Eos Capital as we launch our fourth fund and enter into a new decade of investment excellence. Elzine is an accomplished finance and investment leader, and brings a deep understanding of African markets, strategic foresight, and a passion for building inclusive ecosystems. Her appointment reinforces Eos Capital’s evolution into a regional force with global standards,” he said.
The firm has so far raised and deployed capital through three funds—Allegrow, Euphrates, and NIDF 1—supporting local businesses and contributing to economic growth. It manages over N$1 billion in assets and has built a portfolio of 14 companies.
