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SuperReturn Africa
3-5 December 2024
The Westin, Cape Town

Vuyo Ntoi
Co-Managing Director at African Infrastructure Investment Managers (AIIM)


Vuyo was appointed Co-Managing Director in August 2020. Vuyo has more than two decades of investment experience and has been involved in private infrastructure investing in Africa since 2003.

Prior to moving into the Co-Managing Director role, Vuyo was the Co-Portfolio Manager of the IDEAS Managed Fund, which primarily focuses on infrastructure investment and development assets in the SADC region, where he was primarily responsible for the post-acquisition management of the fund’s more than 30 investments, in addition to overall fund management.

Vuyo, who joined AIIM in 2003, was initially involved in the build-up of the South Africa Infrastructure Fund’s (“SAIF”) holdings in South African toll roads, including additional stakes in TRAC, N3TC and Bakwena. In addition, Vuyo was involved in the early refinancing of these toll road assets. Vuyo also played a leading role in AIIM’s pioneer investment outside South Africa, the Lekki Concession Company. More recently, Vuyo led the investment of AIIM Fund’s into Cenpower IPP power project Tema Ghana and Albatros Energy Mali power station, the first IPP in Mali.

Vuyo holds several directorships, including positions on the boards of some of AIIM’s portfolio companies. He is also a Trustee of the Africa Infrastructure Developers Association (AFiDA).Vuyo is a Director on the AIIM Board and is a member of the Executive Committee, while also serving as a member of the Investment Committees of all AIIM’s managed funds.

Prior to joining AIIM, Vuyo was an investment analyst and strategist in the Research and Investment Management team at ipac South Africa, an investment management and consulting company that was then within the Brait Group.

Vuyo holds a B.Com Honours degree from the University of Cape Town, an M.Sc from the University of Oxford and MBA from IESE Business School. He has also completed Harvard Business School’s Advanced Management Program and is part of the Aspen Global Leadership Network.

Vuyo Ntoi's Network

Agenda Sessions

  • Africa: the current status and the future forecast