Obakeng is director of business development for PEG. He holds a B. Com in Investment Management from the University of Johannesburg. Before the founding of Pele, Obakeng was an interest rate derivatives trader for Standard Bank with a focus on trading sovereign and utility debt. This allowed Obakeng to form good relationships with the South African national treasury and state-owned utilities.
Obakeng has been central to the development of Pele’s project pipeline, resulting in the investment in 900 MW of power projects, ranging across renewable and traditional fuels technologies in South Africa and Mozambique.