Modi facts – exposing Modi’s lies

Chief Minister of Gujarat (and favourite for Prime Minister of India) Narendra Modi’s state has lagged others in development

African (frontier market) risks associated with PPP infrastructure

and how they can be mitigated. Compiled by a PPP transactions advisor to Rwanda (me). Barriers to private investment in African infrastructure: Country political risk –          Eg. medium or high likelihood of terrorist attacks, war, corruption, riots, strikes Risk of expropriation Payment risk Insolvency for state off-takers such as state utilities Inflation/currency depreciation Currency convertibility Risk…

Is your local public-private partnership going to be a happy one?

By Imaduddin Ahmed and Shilesh Muralidhara The East African | January 11, 2014 Partnerships can be wonderful. They can also be disastrous. So, too, is this the case with partnerships entered into by governments and businesses for the delivery of public goods, which can either lose countries millions of dollars per project or initiate virtuous…

Stories private equity is looking for in Africa

Businesses: –    The business model is scalable –    There is a compelling case that there is large latent/unmet demand for the product/service –    Competition is underperforming/non-existing and barriers to entry are high –    Competition for financing a given firm is low (don’t want to enter a bidding war) –    Strong personal relationships with management –  …

Land of a thousand hills

Imaduddin Ahmed delights in the charms of a transformed Rwanda The Friday Times | July 05 – 11, 2013 – Vol. XXV, No. 21 Rwandans greeted outsiders well into the nineteenth century with hails of arrows. And who could blame them? The first European to the area – an officer of the British Indian army…

African cleavages

New to Sub-Saharan Africa but bitten by the private equity bug that says invest to capture its growth? Visualising SSA as one monolithic entity and having difficulty in breaking it into digestable parts? Here are a few cleavages to consider to get you going. Distinguish consumer markets with a lot of growth potential (economic growth…

Kinyarwanda: getting around, instructions to taxi drivers

A conversation with a moto-driver at the beginning of a journey may go as follows: You: Yewe! You: Bitte Driver: Sawa You: Ndashaka kujya kuri Nakaumatt, mu mujji Driver: Yego You: Nangahe? Driver: Magana umanani You: Oya, ibi birahenze Driver: Magana atandatu You: Sawa. Ufite amafaranga mato? Driver: Yego You:  Utware bohoro kandi neza You:…

Kinyarwanda: greetings and pleasantries

greeting for the first time – muraho good morning – mwara mutse hello – mwiriwe have a good day – umunsi mwiza have a good day (16-18h) – umugoroba mwiza good evening – muraramukeho, umugoroba mweza good night – ijoro geza good-bye (to a lot of people) – muririrweho farwell – murabeho go well –…

Introduction to Kinyarwanda on this website

First of all, welcome to Rwanda! You’ll enjoy the idyllic weather in this beautiful, clean and safe country. If you’re planning on staying here a while, you’ll probably want to learn the native language Kinyarwanda for your own sanity and as a courtesy to the people here who don’t speak English, French or Swahili. Unfortunately,…