Investment in Africa: Formulating the Right Strategy with BDO

9 years, 7 months ago - April 12, 2012
To invest in Africa, due to many problems, one must have a good strategy from the outset.

It is proposed that the new regional structure and the management team of BDO to support investors in Africa.BDO Mauritius, Kenya, Tanzania, Uganda, Seychelles and Madagascar operating as one company to respond to a request presante local companies interested in doing business in Africa

BDO Mauritius positions itself as the gateway must for all local companies wish to invest in Africa. The latter have the know-how in sectors: hospitality, financial services, agribusiness and manufacturing, and financial capacity to go to Africa. 

"Our new internal structure will facilitate the entry of Mauritian companies in Africa and support lasting. Kenya, Tanzania, Uganda, Madagascar and the Seychelles, Mauritius we have staff on site, and this, coupled with our knowledge of the African market, because of the BDO partner in these investments, "said Yacoob Ramtoola, Group Managing Partner at BDO. 

According to Afsar Ebrahim, Deputy Group Managing Partner of BDO, Mauritius can position itself well by investing with local partners in four areas very promising in Africa: agriculture, financial services, energy and transport. Half the land in Kenya (48.1%) and Tanzania (40.1%) is arable, while 70% of land in Uganda have agricultural potential.

Mauritian Companies that have the know-how can not access because they have no partners in the field or knowledge of the legislative and local business. George Chung, CFO speaks of manna in energy with a growth of 67% in terms of energy consumption Africa from 2008 to 2035.

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