Africa is full of opportunity, especially in regards to the fast growing middle-class and the huge increase in consumer spending. We see this is an attractive landscape for private sector investments, especially in the consumer facing industries.
London, United Kingdom (PRWEB) October 30, 2014
The opportunities for private sector-led growth in Africa, the benefits of private equity buyouts as attractive entry strategies, and the focus of strategic investors in Africa were key themes discussed by Honore Dainhi, the President of Supreme Group’s Commercial Division, during a keynote speech at the Private Equity in Africa event that was held recently in London, United Kingdom. The overriding theme of the conference was a debate around the role of private equity in the African growth story, and to what extent it will generate enhanced returns over the medium to long term as the markets mature and new market dynamics emerge.
“Africa is full of opportunity, especially in regards to the fast growing middle-class and the huge increase in consumer spending. We see this is an attractive landscape for private sector investments, especially in the consumer facing industries. Until recently, the bulk of the growth was associated with resources (oil, gas and minerals) and infrastructure. This is changing now with consumer facing sectors presenting the largest growth opportunity for the coming 10 years or so,” Dainhi said.
Supreme Group is a global leader in the provision of end to end supply chain solutions to governments and defense forces in challenging environments around the world. Supreme established a Commercial Division in 2013 with the objective of leveraging its proven expertise in the defense and government sector to broaden its portfolio in the commercial sector in emerging markets, with a particular focus on Africa. This will be achieved primarily by acquisitions, with target industries aligned to Supreme’s core competencies, specifically food manufacturing and marketing, non-alcoholic beverages, fuel marketing, and store-based retail.
“Supreme Group has been operating in Africa for more than 20 years, and we have developed bespoke capabilities and a solid understanding of the local markets and business environment. Our successful entrepreneurial experience and strategic mindset means that we have the same DNA as the owners of the target companies we are pursuing. We are planning to make long term investments that are focused on growth and partnerships,” Dainhi concluded.
Established in 1957, Supreme Group is a private, family-owned business that has built a unique reputation for providing outstanding service in challenging environments around the world. The company currently operates in 20 countries across five continents and provides procurement, transportation, storage and full site services to some of the world’s largest defence, government and commercial organizations. More information about Supreme Group is available at; http://www.supreme-group.net.
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About Supreme Group:
Founded in 1957, Supreme Group is a global leader in the provision of end to end supply chain solutions to defense, government, and commercial sector clients around the world. For more than fifty years, the company has provided critical, life-sustaining services that empower clients to accomplish missions in challenging and austere environments.
Supreme offers a unique breadth of capabilities, including procurement, transportation, storage and site services. Supreme has a long history of supporting international organizations and governments. Its current clients include the United Nations (UN), the North Atlantic Treaty Organization (NATO), and leading military forces including the US Department of Defense (DoD) and the UK Ministry of Defence (MoD). Over the years, the company has also partnered with many commercial clients.
As a socially responsible organization, Supreme Group strives to maintain the highest standards of ethics and integrity across its operations at all times. It is committed to respecting people and the environment; nurturing community development; implementing sustainable business practices; and giving back to the communities in which it operates.
More information on Supreme Group can be found by visiting http://www.supreme-group.net
For other information, please contact:
Head of Corporate Communications
M: +971 56 6819085 (UAE)