Our services
The Review sets out the framework. We apply it to your situation.
Independent economic and financial analysis for those who invest, fund and build in francophone sub-Saharan Africa.
Select a service to see the detail.
Bespoke study
To understand a country, sector or segment before deciding.Market, prices, risks and players, with a decision-oriented summary and a presentation of the findings.
Market due diligence
For an investor or lender.Demand, prices, competition and risks of the target market, before committing funds.
Project analysis
For a project sponsor or a funder.Cost and return of a specific project, on dated, field-based assumptions.
Financial modelling and investment memorandum
To support a decision or persuade a funder.A feasibility model and a clear memorandum.
To buy, sell or support a valuation.What an asset, a stake or a portfolio is worth, estimated from cash flows and comparables.
To de-risk an investment project or programme.Working from your file, a view independent of the parties involved on the budget, schedule and financial sustainability once funding ends.
Training
To build your team’s financial skills.Training in financial analysis and modelling, built around your own cases, for private groups or institutions, on site or remotely.
Finance process improvement
To make reporting, budgeting and portfolio monitoring more reliable.Review and improvement of processes, from data collection to model governance.
How we work
- A first conversation. We frame your question, tell you what data exists and whether an independent analysis can answer it.
- A written proposal. We set out the scope, deliverables and timetable, before any commitment.
- A decision-ready summary. We deliver it with its sources and assumptions.
Five questions that generalist reports do not ask
- Who is really financing demand for construction in the target country, and for how much longer?
- What is the true local cost of inputs (transport, taxes, exchange rate, margins), rather than just the official reference price?
- Is the project’s land legally secure, and at what cost?
- Does the expected return compensate for the risk, set against the rate at which the government borrows?
- Who can step in for the long term if donors withdraw and capital markets stay shut?
The Quarterly Review shows how we work (read the summary). We remain independent: we sell no financial products, and we disclose any interest in a transaction.