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PRESS

PRESS

August 15, 2013
Investing in Growth
American Business Journal
Constant Capital Partners is a leading pan-African financial services institution. It specialises in public equity sales, trading and research offering these services to global institutional clients, using its local expertise to drive success. It also has corporate finance advisory services and principal investing.
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July 30, 2013
Nigerian serial entrepreneur’s HopStop acquired by Apple
Ventureburn
Last week Apple acquired the Nigerian tech entrepreneur Chinedu Echeruo’s HopStop. The startup is part of a legacy Echeruo is currently building and plays a crucial role in Apple’s aim to become on par with Google Maps. After working for Mergers & Acquisitions in the US, serial entrepreneur Chinedu Echeruo founded HopStop in 2005. This came after being involved in Financing and Private Equity transactions. He’s also known for having found another startup called Tripology that was bought by the American travel and navigation information company Rand McNally. Both these startups were bought for a total of US$8-million.
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Apr 22, 2013
Seychelles Stock Exchange’s First Listing Due in July With SACOS
Bloomberg.com
State Assurance Corp. of Seychelles, the biggest insurance provider on the island nation, in July will become the Seychelles Securities Exchange’s first listing.

“We are pleased that the first listing is a premier Seychelles company like SACOS,” Francois Venter, Managing Director of Trop-X, as the exchange is known, said in a statement on the bourse’s website today. “We are currently engaged with other local and foreign companies, some of which we expect will be making announcements soon.”

Constant Capital Ltd. is sponsoring the listing.
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February 8, 2013
As KFC Goes to Africa it Lacks Only One Thing: Chickens
Wall Street Journal
ACCRA, Ghana—To make American fried chicken daily fare in Africa, Ashok Mohinani wants to bring this West African country nearly two dozen KFCs over the next couple of years. First, he needs a chicken farm.

The plastics-mogul-turned-restaurateur opened four KFCs last year, two short of what he planned when he opened his first franchise in 2011. The problem: Ghana's chicken farmers aren't professional enough to satisfy the chain's requirements so Mr. Mohinani has been forced to import chicken. And Ghana's currency, the cedi, has been falling. That has increased import costs, driving menu prices higher—and customers away.
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