Wow, its been the quietest 4 days in the HC KFE forums in ages.... perhaps its the calm before the storm, we won't really know.
Here's to dispelling a few myths around the difficulty of doing business in Nigeria, or more-so the EASE of doing business in Nigeria in 2018.
"With Malawi, Nigeria and Zambia, Sub-Saharan Africa is the most represented region among the global top 10 improvers in the Doing Business 2018"
http://www.doingbusiness.org/content/dam/doingBusiness/media/Fact-Sheets/DB18/DB18-FactSheet-SSA.pdf
https://www.cnbcafrica.com/news/east-africa/2017/10/31/africas-best-countries-for-doing-business/
And we we know, Martin Wood is ticking ALL the right boxes to ensure our risk is reduced as far as possible, which should translate to great rewards once our project is validated by a funding deal --- this ofcourse if why we're all here, not to see the SP go sideways between 12c and 14c, but to see it go sideways between $1.20 and $1.40 (and even that is under-selling our project potential).
"As with all frontier markets, there are risks of investing in Africa due to corruption and lack of transparency, but if you’re willing to deal with the risks or do the homework to avoid them, the returns will be much greater than anywhere in the developed world. "
http://nomadcapitalist.com/2015/12/28/african-countries-to-invest-in/
The domestic market, backed by GOVT support and reform, is all shaping up nicely for those in the right place @ the right time!
And to finish off ...
"How Nigeria is improving its ease of doing business"
[...] addresses the rights of minority shareholders related to party transactions and the rights of shareholders in major transactions. That is where Nigeria does very well and it looks strictly at the legal framework that applies to these transactions,” she said. Another area the country does well in is the credit space [...]
FULL REF:
https://www.cnbcafrica.com/news/wes...igeria-improvement-of-ease-of-doing-business/
GLTAH KFE & hope every1 is enjoying the ride....
(20min delay)