From March to June 2020, Manufacturing Africa provided a team of analysts to support the BSR by providing structure and systems, conducting deep stakeholder consultations, drawing on global COVID-19 response expertise and conducting detailed analysis to support and accelerate fact-based decision-making at Cabinet level.

The Government of Kenya’s list of priorities for the country’s recovery after COVID-19 included identifying opportunities in priority manufacturing sub-sectors to build regional and global manufacturing competitiveness, improving the business environment and investment climate, strengthening the Investment Promotion Agency (IPA) and other MoITED institutions, accelerating the development of industrial parks, and driving a green recovery agenda to create a more sustainable economy.

The manufacturer is looking for support to structure the project and raise an initial round of USD 87 million (out of USD 500 million of FDI through subsequent rounds) to support the development of the FMCG entity that will drive its Pan-African growth agenda.

MA supported Norfund’s investment deal by conducting commercial due diligence whose scope included the following:

• A market study covering market sizing, a competitive landscape survey and sustainability of the target company’s competitive advantage
• Analysis of forex related risks in Ethiopia

OPAL requested Manufacturing Africa’s support to:

• Structure the deal to resolve the financing requirements in the best possible way for stakeholders
• Review the Information Memorandum to include information and the transaction structure and other investor-focus areas.
• Preparing shareholders and directors for meetings with potential investors to increase the likelihood of closing the deal.