Ghana has been a relatively stable country to invest over recent years with stunning growth rates achieved. SOVEC has valuable experience in SME investment in Ghana and has been active in the country since 2008. SOVEC has an excellent relationship with Oasis Capital, its local partner in the region.
Kenya has returned to strong growth in recent years, a trend widely expected to continue. The country is becoming an East African financial hub playing a leading role in the region with a potential market of 132 M people in the East African Community (EAC). SOVEC is in the final stages of entering the market with a highly reputable and established partner.
Zimbabwe’s past hyperinflation was quickly ended by the US dollar replacing the Zimbabwe dollar catalysing strong growth. The country has strong macro-economic fundamentals and increased political stability. Investment risk continues to be mispriced and, with limited competition, SOVEC is aiming for a first mover advantage in the SME field.