Telecoms industry leaders will be meeting with financial institutions in London at the 5th TMT Finance & Investment Africa conference on June 18, 2014 to assess possible investment in the African telecoms industry.
Organisers reckon that increasing opportunity for investment in the telecommunications industry on the continent is expanding, hence the need to converge CEOs and finance heads of leading telecoms operators in Africa.
Across the telecoms landscape, mergers and acquisitions, mobile infrastructure sharing, broadband, including 3G and 4G, and mobile money are possible investment destinations in the industry, requiring huge capital.
“As capital investment in Africa increases and the level of return continues to be relatively high, interest in the region is growing among the global investment community,” Edwin Grummit, Partner, Head of Middle East & Africa, Analysys Mason says. Grummit is expected to make a keynote speech titled, ‘M&A in Africa: short-term drivers and expectations’ at the event.
Other key speakers at the event include Etisalat, Orange, LAP GreenN, Millicom, Avanti Communications, Helios Towers Africa, IHS Africa, Eaton Towers, Goldman Sachs, Clifford Chance, UBS Investment Bank, Standard Bank, Rand Merchant Bank, Dentons, Frontier Markets Fund Managers, Apis LLP, WIOCC, Seacom, IFC, Coleago Consulting, EMF, Neostratus and Bima.
“TMT is one of the key sectors, but African TMT players face declining growth rates and increasing pressure on profitability, so it is unclear where new capital investment will go,” Grummit added. “Large-scale consolidation is part of the answer, and is already underway at both the infrastructure and market levels, but there are many other interesting avenues – including broadband infrastructure, content and other adjacent markets.”
The event brings together key industry decision makers, investors and advisers to assess opportunities and features 50 speakers, 15 key topic sessions and up to 200 executives.