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Elefund Capital
Infrastructure Funding for Africa

Elefund Capital’s principal focus is sourcing and providing infrastructure capital for African nations to assist in supporting and building their economies. Sectors in Africa the funding supports and specializes in include: power, resources, utilities, industry, agribusiness, and finance. The typical African Infrastructure Project has large capital requirements spread over 15 to 20 years, involving private / public sector partnerships with state concessions, providing investment guarantees, resulting in significant economic impact garnering large-scale media exposure.

Elefund Capital Executive Team

Cyril Kluxen

Managing Director

After his debut in the consulting sector, Cyril founded a financial services company, which specialized in Sovereign Debt Swaps, and acted as an intermediary in the debt conversion process, advising governments and investors to realize FDIs. He was active for many years in both the financial sector and entrepreneurship, specializing in venture funding in the commodity sector and infrastructure projects in Africa and the Middle East. Currently Cyril is also the Managing Director of a Dubai based precious metals trading company, providing hedging and physical supply services. As a German national, with an education in Finance and Accounting, Cyril is currently located in Dubai, United Arab Emirates.

John D. Anderson

Director

John brings a wealth of capital markets experience with over past 25 years founding and managing numerous resource companies and successfully raising over $750 million in equity for both public and private companies. He has been directly responsible for numerous IPO’s and listings on the TSX, NYSE, NASDAQ and London AIM and Swiss Stock Exchange. His specialty is identifying undervalued opportunities and investing capital into these initiatives, and driving marketing and sales with a strong focus on corporate development. Currently he is the chairman of Triumph Gold and CEO of Parallel Mining Corp. He is also a partner of Aquastone Capital Advisors LP, and a director of American Eagle Energy, FluidOil Corp, and Orofino Minerals Inc.

Bijay Singh

Director

Bijay is a financial management professional experienced at mergers and acquisitions with a track record raising private equity and venture capital for publicly listed company. Currently is the Vice President of Business Development at Simba Gold Corp. In the past he was the Project Manager of SNJ Capital Ltd., and a Director of JER Envirotech International Corp., and Uldaman Capital Corp. He served as Director of Quantitative Alpha Trading Inc. (formerly, Arris Resources Inc. and Assistglobal Technologies Corp.) until 2006; and he was a Director of Georgia Exploration Inc. and Bassett Ventures Inc. until 2006. He also served as Director of Gulf Western Petroleum Corporation.

African Infrastructure – Industry News

  • Kenya: UON Urban Planning Curriculum Changed Little in 44 Years, World Bank Says
    on November 2, 2026 at 9:05 am

    [Capital FM] Nairobi -- The University of Nairobi made only minor changes to its master's curriculum in urban planning over 44 years, according to a 2015 review cited in a new World Bank report examining the quality of professional training in Sub-Saharan Africa.

  • South Africa: R548-Billion Investment Plan Promises More Than 60,000 Jobs
    by newsdesk@scrolla.africa (Scrolla) on November 2, 2026 at 9:05 am

    [Scrolla] Trade, Industry and Competition Minister Parks Tau says 141 companies have promised investments worth more than R548-billion across South Africa's special economic zones. Limpopo's Fetakgomo-Tubatse Special Economic Zone has attracted R52.6-billion in planned investments that could create 20,000 jobs over the next 10 years.

  • Nigeria: OPay Withdraws $304m New York IPO Over Regulatory Inquiry
    on November 2, 2026 at 9:03 am

    [Daba Finance] Nigeria-focused fintech company OPay has canceled its $304 million initial public offering on the New York Stock Exchange after disclosing a regulatory inquiry in an unidentified foreign jurisdiction. The SoftBank-backed payments company had priced its shares and was scheduled to begin trading on October 30, 2026, before withdrawing the offering. OPay said the inquiry concerned a market that was not material to its operations and that it expected the matter to be resolved. The company did not disclose the

  • Cote d'Ivoire: Côte d'Ivoire Exits Fatf Grey List After Financial Reforms
    on November 2, 2026 at 9:03 am

    [Daba Finance] Côte d'Ivoire has been removed from the Financial Action Task Force (FATF) grey list after completing reforms to strengthen controls against money laundering and terrorist financing. The decision was announced on October 30, 2026, following the organization's plenary meeting in Paris. It ends 2 years of increased monitoring for West Africa's largest economy in the CFA franc zone and could support its access to international financing, banking services and foreign investment.

  • Nigeria: Nigerian Stocks Rally Sees End to Four-Week Losing Streak
    on November 2, 2026 at 9:03 am

    [Daba Finance] Nigerian stocks gained N4.6 trillion in market value during the week ended October 30, 2026, ending 4 consecutive weeks of losses as a rally in Dangote Cement lifted the benchmark index. The Nigerian Exchange (NGX) All-Share Index rose 2.86% to 254,299.49 points from 247,222.27 points a week earlier, while equity market capitalization climbed to N165.114 trillion from N160.519 trillion. The increase pushed the index's year-to-date return to 63.42%, with October closing 1.23% higher.

  • West Africa: BRVM Stocks Gain CFA 218 Billion As Bernabe Leads Market Rebound
    on November 2, 2026 at 9:03 am

    [Daba Finance] Stocks on the West African regional exchange (BRVM) gained CFA 218.32 billion in market value during the week ended October 30, 2026, ending 2 consecutive weeks of losses as investors returned to equities. The BRVM Composite Index rose 1.05% to 534.71 points, while the BRVM-30 gained 1.10% to 259.18 points. The BRVM Prestige advanced 0.88% to 198.32 points, and the BRVM Principal increased 1.02% to 372.81 points. Equity market capitalization reached CFA 20.97 trillion, while the Composite Index extended

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Elefund Capital – Contact Information

GENEVA, SWITZERLAND

Elefund Capital
Rue de Jargonnant 2
1207, Geneva, Switzerland

Cyril Kluxen, Managing Director
M +41 76 672 66 48
E  ck@elefundcapital.com

John Anderson, Director
M +1 604 218 7400
E  janderson@elefundcapital.com

DUBAI – UAE

Elefund Capital
Index Tower
PO Box 507120, DIFC
Dubai – UAE

Cyril Kluxen, Managing Director
T +971 50 634 9940
M +41 76 672 66 48
E  ck@elefundcapital.com