Mamokete Ramathe

Mamokete Ramathe

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Founder & CEO
Global Business Icons to Follow in 2026

About

Behind every thriving business ecosystem are leaders who recognize opportunities long before they become trends. They understand that meaningful economic growth is driven not only by capital but also by strategic vision, innovation, and the ability to empower others. Across Africa's rapidly evolving business landscape, where technology, connectivity, and entrepreneurship continue to reshape industries, leaders who combine financial expertise with purpose-driven investment are creating lasting impact for generations to come.

Mamokete Ramathe exemplifies this vision through a career that spans more than two decades across corporate finance, private equity, infrastructure finance, mergers and acquisitions, venture capital, and corporate governance. As the Founder and CEO of Mamor Capital, she has built a platform dedicated to supporting businesses that are advancing connectivity, digital inclusion, and sustainable technologies while helping entrepreneurs transform promising ideas into scalable enterprises. Her journey reflects an unwavering commitment to creating long-term value, not only through investment, but through mentorship, leadership, and responsible governance.

Mamor Capital was established with a clear purpose: to back innovative African businesses that are positioned to solve real-world challenges while contributing to sustainable economic growth. The investment company focuses on early-stage and growth businesses operating in sectors such as digital infrastructure, digital payments, e-commerce, and emerging technologies. Beyond providing financial backing, the firm also offers advisory and mentorship services to startups and mid-sized companies, equipping founders with the strategic guidance needed to navigate growth, governance, and capital raising.

Before launching Mamor Capital, Mamokete built an impressive corporate career across several respected financial institutions, gaining expertise that would later shape her entrepreneurial approach. She previously led investment deals across different fields of investment banking working for companies such as Cazenove South Africa, the National Empowerment Fund, Vantage Capital, the Development Bank of Southern Africa, and Vodacom Group, where she served as Executive Head of Mergers and Acquisitions. During her tenure at Vodacom, she led the evaluation and execution of strategic mergers, acquisitions, and business development initiatives, working alongside internal and external stakeholders to structure complex transactions aligned with the organization's long-term growth strategy.

Her extensive experience across corporate finance advisory, private equity, mezzanine finance, infrastructure project finance, and mergers and acquisitions has provided her with a comprehensive understanding of how businesses evolve throughout different stages of growth. This diverse background has enabled her to bridge the gap between corporate strategy and entrepreneurial execution, helping organizations unlock opportunities while managing risk and creating sustainable value.

Mamokete's entrepreneurial experience extends beyond investment management. She co-founded Vulatel, a telecommunications infrastructure company focused on delivering comprehensive turnkey solutions across long-haul, metro, access, and fiber-to-the-home projects. She also successfully led two strategic acquisitions that accelerated the company's growth trajectory, demonstrating her ability to translate investment expertise into operational success. These experiences reinforced her belief that innovation must be supported by disciplined execution, strategic partnerships, and sound governance to achieve lasting business impact.

Alongside her executive responsibilities, Mamokete has established herself as a respected corporate director, contributing her expertise to both listed and private organizations. She currently serves as an Independent Non-Executive Director of JSE-listed Bell Equipment Limited, where she chairs the Social Ethics and Transformation Committee while also serving on the Audit and Nominations Committees. She is also an Independent Non-Executive Director of JSE-listed Master Drilling Group Limited, Chair of its Social Ethics and Sustainability Committee, and a member of the Audit Committee. In addition, she serves on the Investment Committee of Aluwani Capital Partners and continues contributing to organizations that prioritize responsible governance and sustainable growth.

Equally important to Mamokete is her commitment to developing future business leaders. As a Business Mentor with VC4A, she advises early-stage entrepreneurs and growing businesses on fundraising, governance, growth strategies, and deal structuring. She believes that successful entrepreneurship extends beyond securing capital; it requires strong leadership, sound decision-making, and the ability to build resilient organizations capable of adapting to rapidly changing markets. Through mentorship, she continues to help founders strengthen these capabilities while contributing to Africa's growing innovation ecosystem.

Her passion for empowering others also extends to advancing women's leadership. A long-time advocate for gender diversity in business, Mamokete has served on several boards and actively supports initiatives that increase women's participation in corporate leadership. Through Business Engage's Board Masterclass Series, she facilitates mergers and acquisitions modules designed to prepare more women for board-level responsibilities, reflecting her belief that inclusive leadership creates stronger organizations and healthier economies.

Her contributions have earned widespread recognition throughout her career. Among numerous honors, she received the ABSIP Project Financier of the Year Award in 2014, the African Distinguished Women Leadership Excellence Award in 2017, the CEO Global Most Influential Women in ICT Award in 2019, the Southern African Women in Leadership Trailblazers Award in 2020,  the South African Women Leaders Award in 2021 and the South African Women Leaders Title Award 2025 by the World Women Leadership Congress. These accolades recognize not only her professional achievements but also her enduring influence on Africa's investment, technology, and corporate leadership landscape.

As Africa continues embracing digital transformation and entrepreneurial innovation, leaders like Mamokete Ramathe demonstrate that sustainable business success is built on more than financial returns alone. By combining investment expertise with purposeful leadership, strong governance, and a genuine commitment to empowering entrepreneurs, she continues to help shape businesses that create lasting economic and social impact. Her journey stands as a powerful example of visionary leadership, making her a deserving recognition among Global Business Icons to Follow in 2026.

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