Seven founding partners have left the global consulting firm Dalberg this week to launch their own company called AXUM, the founders announced Thursday.
“After 16 great years at Dalberg, I am SUPER excited about this new chapter in my career,” said AXUM co-founder Edwin Macharia in a statement on LinkedIn.
He is joining forces with six other senior partners – Paul Callan, Robin A. Miller, Devang Vussonji, CJ Fonzi, Oliver Nambiro and James Mwangi – from Dalberg’s African and Middle East offices to establish AXUM.
Along with six other partners based in Africa and the Middle East, Macharia is establishing AXUM as an “Afrocentric global firm” aiming to advance prosperity across those regions.
“We want to be at the core of catalyzing that FUTURE,” he wrote.
Macharia said that the firm will take an “Afrocentric” approach to addressing complex development, climate and technology issues facing the continent and region.
The new firm brings together more than 100 years of combined experience successfully establishing and managing advisory organizations across Africa, the Middle East and globally, according to a post on its LinkedIn. AXUM claimed its founding partners have served clients in over 50 countries.
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AXUM aims to help African and Arab leaders drive growth and equity across the regions. This will include advising governments on policy issues, working with companies on ESG and sustainability initiatives and partnering with nonprofits on social impact programs.
AXUM’s seven founding partners all held senior leadership roles at Dalberg and have worked closely together for many years.
“Our leadership brings over 100 years of collective experience establishing, building, and running successful advisory organizations across the regions and around the world,” AXUM’s statement read in part.
Dalberg, established in 2001 by private sector consultants, has grown into a global consulting group with 30 locations worldwide. The firm provides advisory, investment, research, analytics and design services focused on building “a more inclusive and sustainable world,” according to its website.
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