Ademola Adesina Explained

Ademola Adesina, also known as Demmy, is a Nigerian-American Entrepreneur. He is the Co-founder and President of Sabi, a Series B stage technology company that provides commerce infrastructure that empowers merchants throughout Africa. Sabi was named one of the most innovative companies in Europe, the Middle-East, and Africa by Fast Company in 2023.[1] [2] Prior to founding Sabi, Adesina founded Rensource, a pioneering  West African provider of commercial and industrial solar energy solutions. Under Adesina leadership Rensource was the recipient of the 2019 Financial Times / IFC Transformational Business Award for Climate and Urban Infrastructure Solutions.[3] [4]

Career

Before founding Rensource, Adesina served as an Entrepreneur in Residence at Capricorn Investment Group in Palo Alto, the investment arm of Jeff Skoll and the Skoll Foundation. He also held a position at Aquifer, an investment company in London associated with Lord Sainsbury and the Gatsby Trust, where he led strategy and business development.

Earlier in his career, Adesina was part of the Rockefeller Foundation in New York, where he was a founding member of the Innovation for Development & Impact Investing initiatives. While at Rockefeller, Adesina was part of the founding team of the Rockefeller Impact Investing Collaborative that came to be the Global Impact Investing Network (GIIN).  He began his professional journey at JPMorgan's investment bank in New York, working on financial derivatives.[5] [6] [7]

Recognition

Adesina's leadership at Rensource led to the company being awarded the 2019 Financial Times / IFC Transformational Business Award for Climate and Urban Infrastructure Solutions.[8] [9] [10]

In 2024, the Milken Institute appointed Ademola Adesina, to its inaugural Africa Leaders Business Council.[11] [12]

Notes and References

  1. Web site: 2024-08-17 . Ademola Adesina: A Trailblazer in Energy and Innovation Across Africa and Beyond - Londoner Post . 2024-08-21 . en-US.
  2. https://www.fastcompany.com/90847340/most-innovative-companies-europe-middle-east-africa-2023
  3. Web site: More money going to African climate startups, but huge funding gap remains . 2024-08-21 . www.voanews.com.
  4. Web site: Subscribe to read . 2024-08-21 . www.ft.com.
  5. Web site: 2019-01-22 . FG lights up 450 shops on solar power in Lagos - Daily Trust . 2024-08-19 . dailytrust . en-US.
  6. Web site: 2024-08-17 . Ademola Adesina: A Trailblazer in Energy and Innovation Across Africa and Beyond - Londoner Post . 2024-08-19 . en-US.
  7. Web site: Spur . Brand . 2017-09-19 . The journey so far: Ademola Adesina, CEO, Rensource . 2024-08-19 . Brand Spur . en-US.
  8. Web site: SHORTLISTS ANNOUNCED FOR 2019 FT/IFC TRANSFORMATIONAL BUSINESS AWARDS . 2024-08-19 . IFC.
  9. Web site: Subscribe to read . 2024-08-19 . www.ft.com.
  10. Web site: Oladipo . Oladehinde . 2019-06-23 . Rensource wins FT/IFC Transformational Business Awards . 2024-08-19 . Businessday NG . en-US.
  11. Web site: 2024-07-23 . Milken Institute Scales Up Engagement with Africa Through New Business Council Milken Institute . 2024-08-21 . milkeninstitute.org . en.
  12. Web site: Statement from Ademola Adesina, Sabi’s President and Cofounder, on the Milken Institute’s Inaugural Africa Leaders Business Council . 2024-08-21 . www.sabi.am.

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