Stephen D. Cashin

From SourceWatch
Jump to navigation Jump to search

Stephen D. Cashin "is founder and chief executive officer of Pan African Capital Group, LLC, which specializes in investment banking and advisory services, asset management, and private equity exclusively in Africa. Prior to his current position, Mr. Cashin was the founder as well as the managing director and head of the Washington Office of Modern Africa Fund Managers, LLC. Mr. Cashin is also the vice chairman of the Corporate Council on Africa.“ [1]

"Mr. Cashin was founder and has served as Managing Director and head of the Washington Office of Modern Africa Fund Managers, LLC from 1998 until 2004. He was responsible for identifying the majority of the investors in Modern Africa Growth and Investment Company LLC, a $105 million fund capitalized by private institutional investors and leveraged with the support of the U.S. Overseas Private Investment Corporation. Mr. Cashin was integrally involved in identifying and structuring Modern Africa’s investments and management of the portfolio.

"Mr. Cashin serves on the boards of Data Bank, an investment banking group based in Ghana, and DiscoveryTel, a communications company carrying traffic into and out of Africa and the Middle East from the US. Until recently he served as the Vice Chairman of the Corporate Council on Africa and was a principal participant in The Commission on Financing in Africa published in 2002. He currently serves as the Chairman on the Financing Task Force. He also serves on the boards of the African Wildlife Foundation, Africare, and the Constituency for Africa. He served as board member of the National Summit on Africa and the DEVCap initiative of Catholic Relief Services, and has been a National Co-Chairman of Africares’s annual Bishop Walker Dinner. He was a senior fellow at the Center for Strategic and International Studies and speaks at numerous events focused on the development of Africa’s financial markets. Speaking engagements include the Council on Foreign Relations, the U.S. State Department’s inter-ministerial meeting on the Africa Growth and Opportunity Act, the Conference on Sovereign Credit Ratings in Africa and the Corporate Council on Africa’s Summit on Investment in Africa.

"Mr. Cashin was employed by Equator Bank, a member of the Hong Kong and Shanghai Banking Corporation from 1984-1996. He opened Equator’s office in Nairobi, Kenya, and was responsible for developing the bank’s relationships with central banks, international agencies and corporations, particularly in Ethiopia, Kenya, Tanzania, and Uganda. In 1993 Mr. Cashin was appointed as the bank’s representative in Washington, D.C. In that capacity, Mr. Cashin managed the bank’s relationships with United States governmental and international agencies, trade organizations, and financial institutions. Later he assumed responsibility for managing the corporate finance portfolio of the bank, advising investor groups, structuring transactions, devising new financial products, and implementing privatization transactions. Mr. Cashin began his career as a Peace Corps volunteer from 1979-1981 in Zanzibar, Tanzania. He graduated from the School of Foreign Service at Georgetown University and has his MBA from Boston College." [1]

Resources and articles

Related Sourcewatch


  1. Stephen D. Cashin, Pan African Capital Group, accessed November 14, 2007.

External links