TUMI PHAKE: A 40 UNDER 40 CEO DRIVING FINANCIAL INNOVATION & INCLUSIVE GROWTH THROUGH ZANZELE GROUP

Tumi Phake, CEO of Zanzele Group, championing inclusive growth and African-led innovation through strategic investments in health, fintech, and infrastructure.

Africa 40 under 40 ceo Entrepreneurer Investment banking Inclusive economic models Youth Leadership.
Tumi Phake, CEO Zanzele Group
Tumi Phake, CEO Zanzele Group


As the Founder and CEO of Zanzele Group, Tumi Phake is redefining the intersection of entrepreneurship, finance, and impact in South Africa and beyond. With a strong foundation in investment banking and a passion for building inclusive economic models, Phake established Zanzele Group to empower emerging markets through strategic investments in health, fintech, and infrastructure.

Tumi was awarded the Young African Leadership Initiative, spearheaded by former President Barack Obama. His vision is to positively impact the burgeoning modern socio-economic issues around the African Continent by creating sustainable opportunities and solving problems.

Under his leadership, Zanzele has grown into a diversified holding company that champions African-led innovation and sustainable business development. A former Top 35 Under 35 CA(SA) finalist and Harvard Business School alumnus, Tumi is widely regarded as a purpose-driven leader committed to shaping a future where African businesses thrive on global platforms.

Whether he’s mentoring young entrepreneurs or expanding access to financial services in underserved communities, Tumi Phake stands as a beacon of visionary leadership for the next generation of African CEOs.

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