Business

October 2, 2016

Capital raising: Alpha African set to navigate taxation, regulatory, other obstacles for firms

Despite the economic challenges facing the country, Alpha African Advisory, AAA has disclosed its readiness to help navigate in the area of taxation, regulatory and other obstacles inhibiting either quoted or non quoted companies in the Nigerian capital market to raise funds either locally or internationally.

The advisory firm stated that companies operating in Nigeria are facing financial and other economic challenges that impede their growth, adding that the Nigerian stock market lacks depth. Speaking to financial correspondents in Lagos weekend, Chief Executive Officer of Alpha African Advisory, Sanyade Okoli, who stated this said “ Our company have a very proactive approach to doing business and are constantly thinking of ways to improve the services we provide to our customers while ensuring that the firm stays dynamic.

The evolution of Alpha African further advances our journey towards becoming a truly pan-African institution focused on providing first-class advisory services to local and international players across the private and public sector spectrum”.

Okoli added, “Nigeria has one of the largest economies in Africa, buoyed largely by the emergent opportunities in infrastructure development and consumer spending driven mostly by a population of over 180 million people which is expected to expand to 200 million by 2019. Alpha African Advisory’s service offering is designed to support the strategic objectives of its growing client base, ensuring appropriate synergies between international leading practices and the realities of the local operating landscape, as companies seek to exploit the inherent opportunities in our markets.”

According to her “With a client pool ranging from large public sector entities to mid-sized private sector enterprises, Alpha African Advisory is strategically positioned to act as the first choice partner in the provision of select professional financial services.

The company has been involved in transactions across several sectors which include financial services, telecommunications, infrastructure & transportation, real estate, and oil & gas, amongst others.” AAA, which was formerly known as Travant Capital Advisory Services Limited (‘TCAS’) has strengthened its market presence and is refreshing the brand, as it rolls out its bespoke service offering in order to maximize value for its clients.

The firm, which has recently been newly, renamed Alpha African Advisory, will provide financial advisory, capital raising, and gateway services. Alpha African Advisory builds on the company’s existing strong presence in Sub-Saharan Africa and further extends the firm’s ability to serve its rapidly expanding client interests across West Africa in a fully integrated way. The transition to Alpha African Advisory has been effected in a seamless manner and the core of the Travant leadership team and staff remains as employees of Alpha African Advisory.