About Us
 
 

Who we are

The Blue International Group is a developer, owner and operator of high-quality power and mining assets in Sub Saharan Africa. These are independently managed by two distinct management teams, each composed of highly experienced industry professionals bound together by common values, good governance and a commitment to sustainability, under the corporate leadership. 

Future Global Resources develops, owns and operates high quality, long-life mineral resources, including those metals used in high-growth industries essential to achieving a low-carbon economy.  FGR is the 90% owner and operator of Bogoso-Prestea, a world-class operational gold mine in Ghana, West Africa that it acquired in October 2020. 

Joule Africa develops, owns and operates grid-scale renewable power projects in Sub Saharan Africa, with its flagship project approaching construction in Sierra Leone, West Africa and its second project, in Cameroon, Central Africa, at an earlier stage of development. 

Both operational businesses are supported by the executive team in Blue International, the group parent company, with a particular focus on governance, financial reporting and sustainability.   

The Board, comprising executive and non-executive directors, guides the Executive and operations by offering strategic advice and oversight. Our Advisory Board offers expert advice and has been instrumental in creating relationships with local, regional and international governments and governmental agencies. This has been vital to Blue furthering development of FGR and Joule’s projects.   

 
 

Directors

Andrew Cavaghan

Executive Director

Andrew is Executive Director of Blue, having been CEO and then Executive Chairman of Joule Africa since 2011. 

Previously, Andrew was a Director at the UK-based private equity firm Octopus Investments. He was part of the original investment team whose performance helped increase funds under management from £20m in 2004 to over £800m when he left in 2009 (funds under management are now over £8bn). During his time at Octopus, Andrew was responsible for numerous middle market buy-outs, realising an IRR of over 26% over 5 years with four successful trade sales and two IPOs. Earlier, Andrew was part of the founding team at London Seed Capital, an early-stage venture capital fund owned by Greater London Enterprise.  Andrew, spent an early part of his career working at corporate law firm Theodore Goddard, (now Addleshaw Goddard) in the corporate finance department of their London office.

Andrew holds a BA Hons in Philosophy from University College London and is a qualified Barrister in the UK.

Mark Green

Executive Director

Mark is Executive Director of Blue, having previously worked as President and Chairman of Joule Africa since 2011.  

Previously, Mark co-founded Desert Lion Partners LLP, which was set up in 2009 to invest in infrastructure and other asset-based projects in Sierra Leone, West Africa. It merged with Joule Investments Limited to create Joule Africa.  Mark has also worked as COO for a new microfinance organisation in Sierra Leone, on behalf of a London-based asset management company. 

Prior to working in Sierra Leone, Mark co-founded a property investment and development company operating in the UK and USA with over $20m of development completed. He has also worked in the strategy team at Accenture and as the Head of International Business Development for retail financial services conglomerate CPP PLC.

Mark holds a BA Hons in Theology from Birmingham University.

Kevin Clark

Non-Executive Director

Kevin is a non-executive director on the board and acts as a consultant to Joule Africa on various projects. Kevin was co-founder and CEO of Joule Management, overseeing all aspects of the firm's hydroelectric plants in Latin America.

Prior to this, Kevin was a General Partner at Integrity Partners, where he played leading roles in the firm’s investments since 2000. Kevin also co-founded Silicon Edge Law Group, an intellectual property law firm. Earlier, Kevin worked as an engineer and patent attorney for Qualcomm.

Kevin holds a B.S. and M.S. in electrical engineering and computer science from the University of California, and a J.D. from Stanford Law School where he graduated Order of the Coif.

Greg Newman

Non-Executive Director

Greg is a non-executive director on the board and is also co-founder of Joule Management, which has hydroelectric plants in Latin America.

In 1999 Greg co-founded Integrity Partners, a seed-stage venture capital firm, where he was a General Partner. Integrity Partners was the first investor in Baidu (NASDAQ: BIDU), a Chinese multinational technology company specialising in Internet-related services and products and artificial intelligence, where Greg served on the Board of Directors until taking the company public in 2005. Prior to Integrity Partners, Greg was part of the founding team at C2B Technologies, subsequently acquired by Inktomi and later Yahoo! Previously, he was on the founding team at Macromedia, which was subsequently acquired by Adobe.

Greg has over twenty years of executive leadership experience creating shareholder value at Fortune 500 companies including Oracle and Apple. He currently serves as a director for several charitable organisations.

David Edward

Non-Executive Director

David spent most of his working career as an underwriter in the Lloyd’s insurance market. He was a founding partner and director of Ascot Underwriting Limited, a company that was taken from start-up in 2001 to a very successful sale to AIG in 2008.

David is now involved in numerous start-up companies in non-executive directorship and advisory roles, assisting these companies during their development.

In addition, David brings experience and expertise in risk assessment and management as well as providing advice on Joule’s insurance arrangements.

 
 

Advisory Board

Ken Costa

Ken Costa is Chairman of Ken Costa Strategic. He was previously Chairman of Lazard International. Before joining Lazard he was Chairman of EMEA at UBS Investment Bank. He has over 30 years’ experience of mergers and acquisitions in the City.

Ken read law and philosophy at Witwatersrand University in South Africa. He later studied law and theology at the University of Cambridge. He is highly active in a number of charitable and faith-based organisations.

Ken is the Gresham Professor of Commerce, where he has recently completed a series of Gresham lectures on “Vision and Values in a Volatile World”.

General Lord Richard Dannatt

Lord Dannatt is the Former Chief of the General Staff and Chairman of the National Emergencies Trust. He has also served as the Commander-in-Chief, Land Forces; and the Commander-in-Chief of the Allied Rapid Reaction Corps, among many other positions.

In addition to his considerable experience in geopolitical and logistical matters, he has direct experience of Sierra Leone, both professionally and via his status as a patron of the charity, Street Child of Sierra Leone.

Philip Green

Philip Green has held various executive and non-executive roles in the UK & US. He was the Non-Executive Chairman of Baker Corp in the US 2011-18, Non-Executive Chairman of Carillion Plc 2015-18, and an advisor to David Cameron on corporate responsibility 2011-16.

From 2006-11 he was the Chief Executive of United Utilities Plc, the UK’s largest listed water company. Before joining United Utilities, he served as CEO of P&O Nedlloyd, Chief Operating Officer of Reuters Group Plc, and Chief Operating Officer of DHL for Europe and Africa.

Philip has also been involved in numerous charitable activities. From 2011-18 he served as Chairman of Sentebale, a charity set up by Prince Harry in Lesotho. Philip is a Patron of Hope Through Action.

Lord David Triesman

Lord Triesman is the former UK Parliamentary Under-Secretary in the Foreign and Commonwealth Office with responsibility for Africa under Tony Blair. Among his other responsibilities, he is now Chairman of the Board of Advisors of the boutique merchant bank, Templewood, whose investors and clients have a strategic interest in Africa.

Lord Triesman maintains close relationships with a number of heads of state in Africa and brings an understanding of the political issues involved in progressing projects of this nature.

 
 

Executive Team

Andrew Cavaghan

Executive Director

Andrew is Executive Director of Blue, having been CEO and then Executive Chairman of Joule Africa since 2011. 

Previously, Andrew was a Director at the UK-based private equity firm Octopus Investments. He was part of the original investment team whose performance helped increase funds under management from £20m in 2004 to over £800m when he left in 2009 (funds under management are now over £8bn). During his time at Octopus, Andrew was responsible for numerous middle market buy-outs, realising an IRR of over 26% over 5 years with four successful trade sales and two IPOs. Earlier, Andrew was part of the founding team at London Seed Capital, an early-stage venture capital fund owned by Greater London Enterprise.  Andrew, spent an early part of his career working at corporate law firm Theodore Goddard, (now Addleshaw Goddard) in the corporate finance department of their London office.

Andrew holds a BA Hons in Philosophy from University College London and is a qualified Barrister in the UK.

Mark Green

Executive Director

Mark is Executive Director of Blue, having previously worked as President and Chairman of Joule Africa since 2011.  

Previously, Mark co-founded Desert Lion Partners LLP, which was set up in 2009 to invest in infrastructure and other asset-based projects in Sierra Leone, West Africa. It merged with Joule Investments Limited to create Joule Africa.  Mark has also worked as COO for a new microfinance organisation in Sierra Leone, on behalf of a London-based asset management company. 

Prior to working in Sierra Leone, Mark co-founded a property investment and development company operating in the UK and USA with over $20m of development completed. He has also worked in the strategy team at Accenture and as the Head of International Business Development for retail financial services conglomerate CPP PLC.

Mark holds a BA Hons in Theology from Birmingham University.

Nicholas Waters

Group Chief Financial Officer

Nicholas is a UK Chartered Accountant and Fellow of the UK Institute of Taxation having trained at Deloitte. Nicholas has since worked in senior financial leadership roles in large international listed businesses in a broad range of industries. A common theme has been the delivery of both organic and inorganic growth strategies as well as providing strong governance to support the growth.

At GKN plc (now part of Melrose plc) Nicholas was CFO for the aerospace business overseeing a five fold increase in sales to £3.4bn over a 10 year period, mainly driven through acquisition. Prior to that he spent 13 years in Switzerland and USA working in the technology sector and in the aluminium industry where he was CFO for Norsk Hydro’s aluminium remelting and downstream activities. At BOC Group plc (now part of Linde Group) he was Financial Controller for the bulk supply of industrial gases to large UK industrial customers.

Most recently Nicholas was Sector CFO for the precious metals and chemical catalysts businesses at Johnson Matthey plc.

Nicholas holds a BA Hons in Geography from Reading University.

Glenn Baldwin

Chief Executive Officer, Future Global Resources

Glenn is the Chief Executive of FGR and a founding shareholder of that business. Glenn is a mining executive with over 25 years in the mining industry in roles commencing with hands-on mining underground development and stoping experience at Mount Isa Mines through mine management and executive leadership roles for around 20 years.

Glenn is a mining engineer and his roles have included successful turn-arounds of platinum projects in South Africa, and changing a company’s strategic direction and rapidly implementing mine-specific tactical plans to achieve positive operational cash flow in Australia, Africa and the Middle East. Glenn has successfully led gold, base metal and bulk commodity operations, and projects (studies, financing and construction) in several countries and developed strategy for mining companies, including with joint venture partners including roles as CEO for Consolidated Minerals including operations in Ghana and Australia. 

Previously Glenn was Executive Vice President of Gold Fields for International Operations and most recently as Executive Director Gold and Base Metals for M’a’aden.

Anita Breslin

Acting Chief Executive Officer, Joule Africa

Anita joined the Joule Africa team as Chief Financial Officer in March 2020 with responsibility for Financial and Commercial Operational activities; including Governance, Compliance, Risk and HR.  In February 2021 she assumed the role of Interim CEO taking over leadership of the business.

Anita has worked in the energy industry for over 20 years with BG Group, Shell and Vattenfall, holding senior financial and commercial leadership positions.  Her experience spans all aspects of commercial finance in jurisdictions across the globe from M&A & licence to operate though to commercial operations.  She has a focus on building relationships and teams, with significant experience in governance and assurance.

Anita is an FCA, having qualified with PWC, and holds a Bachelors degree in Applied Economics.

James Streeter

Group Chief Safety and Sustainability Officer

James is Group Chief Safety and Sustainability Officer having held leadership roles in sustainability in the leading, global companies Symrise, Hess Corporation and BG Group.

He is one of the first generation to have his entire career in sustainability, spending the majority of it in extractives and energy before a stint in the food /agriculture industry.  Over his 28-year career he has gained a broad understanding of climate change and sustainability as well as significant experience of bringing sustainable value into a corporate environment.  In addition, he has extensive experience working in Africa.

Prior to joining BG Group he worked on various energy and mining projects including project manager for an impact assessment of a Rio Tinto gold mine development.

James has a degree from the University of Exeter, a Masters from the University of Stirling and completed an executive education course at Harvard Business School.

Howard Shaw

Group Chief Compliance Officer

Howard is responsible for all aspects of Governance, Risk and Compliance at Blue, having previously been Chief Compliance Officer at Joule Africa between March 2017 and December 2019.  Howard has extensive experience in designing, building and embedding governance, ethics and compliance programmes into corporations, including UK Bribery Act compliance programmes. He has over 34 years' experience in financial crime risk management and has worked internationally in both law enforcement and the private sectors.

Howard has served as Head of Anti-Corruption for a mining company and has extensive experience of West Africa, particularly Sierra Leone. Howard has been a member of a number of governance related committees at the British Standards Institution (BSi) including as Chair of the BSi Anti-Bribery Committee. He is the current Chair of the International Standards Organisation (ISO) Technical Committee on Governance.

Ian McNeill

General Counsel, Blue International Holdings

Ian is General Counsel, having previously been Head of Legal at Joule Africa (with whom he has been associated since 2013). Ian has over 30 years’ experience as a corporate and projects lawyer, gained mainly with major corporations, including Entergy and BG (now part of Shell), and as a partner in leading international law firms.

Ian has extensive experience of the development and financing of energy and infrastructure projects in Europe, Africa and Asia and of related corporate fundraisings, investments, joint ventures, acquisitions and disposals.

Ian has a degree in law from the University of Aberdeen and postgraduate qualifications in law and finance.

Martin Cox

Director, Investor Relations

Martin is Director of Investor Relations at Blue, having previously been Head of Investor Relations at Joule Africa and involved with the business since 2012.  

Martin has spent over 20 years as an FCA-regulated financial advisor in the UK, working with High-Net-Worth clients, particularly focused on advising on investments into high-growth, unquoted, companies. Martin’s role at Blue is focused on investor communications with our 140+ High Net Worth Investors, a number of whom are, or have been, clients of Martin.  Martin is also an Observer on the board of Blue on behalf of the B Ordinary Shareholders. 

Martin trained as an engineer and prior to entering the financial services industry worked in the machine tool industry.