Growth in Guinea
A former pro football player helps businesses achieve their goals.

Recently in Guinea, Adama Sy, a former market stall operator, came up with a recipe for converting used cooking oil into a powerful detergent. She and partners formed a cooperative named SOVAREH and hatched a plan to harvest used oil from hotels in Conakry, Guinea’s capital, then sell their detergent back to the hotels for cleaning purposes.
But they needed financing, so last year they reached out to Niandan (named for Guinea’s main river), an Amsterdam-based investment firm founded by Alexander Tounkara ’12.
A native Guinean, Tounkara had just launched, within Niandan, the Nimba Fund, his homeland’s first impact venture capital fund. The fund gave Sy not only a series of training sessions but also $9,000—enough to expand production and hire three more workers. “That helps us unlock access to larger markets and enhances our products’ credibility,” says Sy.
That’s one of many stories of how Tounkara is giving back to the country he left as a toddler, having fled with his mother and seven siblings to Belgium during ethnic violence. “Every time we help an entrepreneur overcome a barrier,” he says, “we’re reshaping the narrative of what’s possible here.”
Tounkara’s own narrative is striking. At 14, he was shipped off with his brother to the U.S., where they lived outside Philadelphia, sometimes with relatives, sometimes with other Africans. They took under-the-table jobs at a pizzeria, where they were also fed, before Tounkara moved with a family who knew his mother to a New York City housing project and went to high school on Staten Island. There, he became a talented wide receiver on the football team, which led him to Brown, where he arrived with two suitcases—“everything I owned,” he says—as he watched, agog, while classmates arrived in fancy cars loaded with goods. “I didn’t know how to hide the embarrassment of my poverty,” he says. “I couldn’t buy a laptop my first day or pay $20 for a hamburger.”
Amid the culture shock, two classes empowered him: Professor Claude Carey’s introduction to Russian literature—it helped him overcome the feeling that “everyone here is smarter and better than me,” he says—and Professor Barrett Hazeltine’s legendary ENGN 9 management course. Meanwhile, Tounkara flourished at football, and when he left Providence, he toiled on various NFL practice squads before landing an overseas contract with the Berlin Rebels, playing with them from 2014 until 2024. Between games, he concentrated on investment banking, first in London, where he worked on a team executing a $12 billion debt restructuring for an oil and gas group, then at the Wharton School of the University of Pennsylvania.
After founding Niandan in Amsterdam in 2021, he launched the Nimba Fund, whose investments include sustainable agricultural operations in rural Guinea, such as a plantation in Kindia about to grow from five to 100 hectares to produce fish feed. Also, Niandan holds a stake in a company, Jobomax, that markets low-cost retirement homes to Guineans living abroad. Tounkara wants to help Jobomax expand to sell homes to local Guineans by enabling mortgages to be served with local currency.
The work he does, he says, is almost like the flip side of what it was like to be vying for the eye of gridiron gatekeepers in his post-Brown years. “We’re like scouts who spot talent,” he says, “but also trainers and coaches who help that talent succeed.” Plus, he says, “it’s profoundly humbling. My family left Guinea seeking security and opportunity abroad, and now I get to help future generations of Guineans build better lives without having to leave home.”