Company History

The group was founded by Rakesh Wahi, an engineer who rose through an illustrious career in Indian Army and built long-term value through international investments and founded Capital Management Advisors (CMA) in 2002. He co-founded television channel CNBC Africa, Forbes Africa, ABN Productions, Murdoch University Dubai, Trans National Education Africa (Lancaster University Ghana), Tech One Global and Ananya Farms.

Fund Raising & Strategic Advisory

At Lancaster University Ghana with Raghav Lal, Rakesh Wahi, and Professor John Granger

Capital Management Advisers, Middle East, was founded in 2002 by Rakesh Wahi after an illustrious career as an investment banker specializing in the TMT sectors. The firm’s primary purpose was to provide a range of investment banking services and consultancy services including, advisory, M&A, and fundraising.

During the CMA-ME years, Rakesh built up an impressive track record advising numerous firms in the GCC on transactions in MediaTelecommunications and IT. He also has years of private equity experience having raised over $1 billion US during his time at CEA/CDC.

CMA Investment Holdings

The team from Africa Business News, led by Rakesh, summit Mt. Kilimanjaro

Between 2005 to 2007, CMA went through its own evolution and expanded its operations beyond the Middle East. After a series of exits, The Company was branded as CMA Investment Holdings and became the investment vehicle of the Wahi Family. The entity was established to consolidate the investments in unlisted privately owned entities in which the family has a significant management involvement.

The family investments predominantly in businesses where they have management control. Remaining sector and region agnostic, most investments are opportunistic. The family focuses on building long-term value and is not motivated by short-term returns. Today, the investments range from holdings in media, education, IT & technology, and hospitality. The Group now plans to extend its activities into water & energy, retail, and agro sectors, predominantly in Sub Saharan Africa.