Global Chairman , Fairfax Africa Fund, LLC (U.S.)
Zemedeneh is widely recognized as one of Africa’s top business leaders and has received numerous global awards and recognitions including:
- “Top 10 Most Influental Africans 2018” – Top Ten, a global ranking organization
- The “100 Most Influential Africans of 2013” – New African Magazine (UK)
- “Who-is-Who of African Finance 2015” Global Finance Magazine (New York)
- “Titans Building Nations 2014” Award, CEO Magazine (SA)
- “Pioneer Ethiopian-American Diaspora Business Person of the Year Award 2012” – Washington D.C.
An Ethiopian-American, Zemedeneh has worked in the U.S., Brazil, Argentina, the Middle East and throughout Africa.
Zemedeneh was the founder of Ernst & Young (EY) Ethiopia and had served as its Managing Partner for 18 years. Prior to EY, he was with the world’s largest professional services firm, PwC (U.S), for more than a decade. He is now the Global Chairman of the American private equity investment firm Fairfax African Fund, LLC, based in Washington D.C. Fairfax has invested millions of dollars in selected high performing Africa countries the past few years with significant additional investments committed for the next three years. Fairfax focuses on five sectors: manufacturing, infrastructure, natural resources, hospitality and Agro-processing.
Zemedeneh is also the Chairman of the subsidiary of one of the largest European multi-national apparel manufacturers which is recently constructed its first Africa manufacturing plant.
Zemedeneh regularly provides powerful and influential global thought leadership about finance, economics and investments and has been featured on CNN, BBC, the FT, Bloomberg, Al Jazeera TV and as a “Power Lunch” guest on CNBC television discussing FDI in Africa. Furthermore, he has been invited to give speeches at high profile events such as the World Economic Forum (WEF), Harvard Business School the Milken Global Summit in Los Angeles and Global Business Forum in Dubai.
Zemedeneh has a business degree from Howard University, Washington D.C., completed the LSE program at the Harvard Business School, Boston and is a U.S. C.P.A.
He is a member of the international advisory board of the University of Texas at Dallas School of Business. He also serves on numerous corporate advisory boards including Invest Africa (UK), Fintech company Belcash (Netherlands) and as Chairman of Calzedonia Ethiopia (ITAC), the giant italian apparel manufacturer and retailer.