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Investment Opportunity The opportunity is growth. Both Sub Saharan Africa and the Middle East are amongst the world’s fastest growing regions. Sub Saharan Africa is endowed with 13% of the world’s population yet only contributes to 2% of the world GDP. The Middle East is the world’s most concentrated region of hydrocarbon wealth. The GDP of both regions has tripled in the last six years. This is set to continue at a pace. Not investing in Africa and the Middle East is like ignoring Emerging markets in the 90’s, SE Asia in the 70’s and Japan in the 50’s. It is one of the last frontiers. Investment Process Information is key. The team has developed extensive local business networks ranging from government departments, regulators and top tier banks to entrepreneurs and consultants who have worked with us over the years. The quality of our information and our due diligence capability ensure we not only have access to a unique pipeline of deal flow but also the framework of analysis to make informed decisions. This bottom up approach allows us to identify businesses with the best growth potential and proven management track record of delivery underpinned by hard asset allocation. We also employ top down research, assessing countries from a macro perspective with particular emphasis on growth potential, political environment, currency regime and legal framework and property rights. The combination of top down and bottom up research has enabled us to extract maximum value and allow for convergence of viewpoints. |
