Ademola Adesina, also known as Demmy, is a Nigerian-American Entrepreneur. He is the Co-founder and President of Sabi, a Series B stage technology company that provides commerce infrastructure that empowers merchants throughout Africa. Sabi was named one of the most innovative companies in Europe, the Middle-East, and Africa by Fast Company in 2023.[1] [2] Prior to founding Sabi, Adesina founded Rensource, a pioneering West African provider of commercial and industrial solar energy solutions. Under Adesina leadership Rensource was the recipient of the 2019 Financial Times / IFC Transformational Business Award for Climate and Urban Infrastructure Solutions.[3] [4]
Before founding Rensource, Adesina served as an Entrepreneur in Residence at Capricorn Investment Group in Palo Alto, the investment arm of Jeff Skoll and the Skoll Foundation. He also held a position at Aquifer, an investment company in London associated with Lord Sainsbury and the Gatsby Trust, where he led strategy and business development.
Earlier in his career, Adesina was part of the Rockefeller Foundation in New York, where he was a founding member of the Innovation for Development & Impact Investing initiatives. While at Rockefeller, Adesina was part of the founding team of the Rockefeller Impact Investing Collaborative that came to be the Global Impact Investing Network (GIIN). He began his professional journey at JPMorgan's investment bank in New York, working on financial derivatives.[5] [6] [7]
Adesina's leadership at Rensource led to the company being awarded the 2019 Financial Times / IFC Transformational Business Award for Climate and Urban Infrastructure Solutions.[8] [9] [10]
In 2024, the Milken Institute appointed Ademola Adesina, to its inaugural Africa Leaders Business Council.[11] [12]