Olaf Walter Hennig is a discreet South African businessman based in London. He is known for his involvement in the Black Economic Empowerment programme and his experience in the mining industry. Hennig was born on 7 October 1972. After graduating from Stellenbosch University in 1993, he emigrated to Angola to pursue opportunities in the mining industry. He now has business interests in South Africa and the United Kingdom, according to UK Companies House records of Yoshiko Enterprises Limited. He has expertise in emerging markets, namely Africa., where he has developed diamond and metal concessions. Hennig traded diamonds, first in Angola and later the Democratic Republic of the Congo and other locations. Hennig is also known for hosting New Year's Eve events at a private venue in Clifton, Cape Town, which are well attended by celebrities and politicians. Business career Palladino Holdings Ltd Walter Hennig founded Palladino in 2003 with a vision of creating an investment vehicle to consolidate various strategic assets in Africa. Palladino focuses on early stage predominantly African resource, property and industrial projects and it currently holds a variety of significant energy, mining and other assets in Africa. Africa Management Limited In January 2008 Mvelaphanda Holdings, OZ Management (a subsidiary of Och-Ziff Capital Management Group) and Palladino Holdings announced the creation of a new joint venture, Africa Management Limited. As part of the joint venture, Africa Management Limited established African Global Capital, as a vehicle for investment in both the private and public markets across Africa, focusing on natural resources and related opportunities. Tokyo Sexwale, founder of Mvelaphanda (Mvela) Holdings, said: "We intend to build on our already strong foothold in African investments in partnership with Och-Ziff. The partnership with Och-Ziff in African Global Capital will help us accelerate in building the leading African investment firm." Mvela Holdings is a privately owned investment company founded in 1998 by Tokyo Sexwale, Mikki Xayiya and Mark Willcox. Mvela Holdings is the controlling shareholder of Mvelaphanda Group and has a significant interests in Mvelaphanda Resources. Business associates In the past, Hennig has been linked to the following individuals in a business context: Jan Kulczyk, said to be Poland's richest man; Lloyd Pengilly, a former Johannesburg gold analyst and now with JPMorgan Cazenove; Vanja Baros, Africa Director of the Och-Ziff Capital Management Group. Baros led Och-Ziff's operations into Africa together with Walter Hennig and Mark Willcox. Clifford Elphick, a one-time personal assistant