Acquisition International - 2021 Worldwide Finance Awards 6 Acquisition International - 2021 Worldwide Finance Awards Best Pan-African Financier 2021 rom a single point of contact with Ancestry Capital, a client can access in-depth knowledge over an extensive range of financial products and services. Broad scope and detailed knowledge are complemented by the firm’s obsession with intensely personal service, and all solutions are tailored to individual needs and the personal circumstances of each client. Ancestry Capital strives to build long-term relationships and develop wealth-enhancing solutions which give peace of mind over the years and down generations. Its holistic service offering has a strong appeal for businesses with international links or aspirations, high-net- worth individuals intent on growing and preserving personal wealth, expatriates requiring on- and offshore banking expertise, and the African diaspora looking to channel funds into savings or investment vehicles in their home region. The business is very well diversified across regions (with a presence in South Africa and East Africa), as well as across the services it offers. Additionally, it has built a good database of clientele over the past five years, and as such, it was able to focus on its existing clients F during the pandemic to provide enhanced value, while getting a bigger share of wallet. Its adoption of a digital marketing and communication strategy was paramount to it staying afloat. Also important is staying abreast of emerging developments within the industry, and its global network of partners and experience in the international markets allows it to do so. Company CEO, Mr. David A. Iraka often attends relevant seminars and conferences in order to give his firm an edge over others. However, Ancestry Capital does have its share of challenges within its country and region, including the high costs of borrowing with commercial banks charging anywhere between 18% and 20% interest rates – These rates often cripple businesses, if they manage to qualify for these rates at all. Furthermore, the capital rates are extremely shallow and under-developed, making options for alternative finance very minimal. Also, local businesses often require additional training and upskilling in order to get them investor-ready. Issues such as good corporate governance and accurate financial records often pose a challenge for investors. However, the future is looking bright and ambitious for Ancestry Capital. As a Pan-African business, it is looking to expand its footprint across the continent to provide much-needed advisory services that would allow Africa to unlock its massive potential and wealth. Additionally, the Capital Markets Authority (CMA) in collaboration with the European Union (EU) and Financial Sector Deepening (FSD) in Uganda have launched a Deal-Flow Facility that will assist Ugandan companies with business development service to access long-term capital and investor-readiness, which will ultimately provide an accelerated growth path, strengthen the private sector and contribute to the national development plan by creating more jobs. Ancestry Capital is proud to be part of this initiative, which should see companies eventually list on the Ugandan Securities Exchange (USE) and boost the local stock market. Ancestry Capital has also been contracted by the CMA in Uganda to engage businesses in an Issuer Education Programme, which is aimed at sensitising businesses on alternative forms of finance. The firm has embarked on an aggressive outreach programme that engaged over 30 companies, with a few ready and eager to list in the near future. Ancestry Capital is a niche investment advisory firm which provides professional expertise across a wide spectrum of financial services required by businesses, high-net-worth individuals, and expatriates. The firm has four key pillars which are investment banking/corporate advisory, wealth management/personal financial planning, financial literacy training, and real estate development. Jun21286 Company: Ancestry Capital Contact: Mr. David A. Iraka, CEO Email:
[email protected] Website: www.ancestrycapital.com Company: MBH SalesInvest AB Contact: Mattias Hansson Email:
[email protected] Web: www.salesinvest.se Best Multi-Sector Business Investment Company – Nordics alesInvest CEO, Mattias Hansson has worked as a mailman, delivery man, factory worker, pro bono, account manager, key account manager, energy broker, sales manager, CEO, and Chairman of the Board, across industries including telemarketing, software, hardware, data communication, gold and jewellery, energy, renewable energy, printing, trading, finance, and investment. Throughout his working life, he has always been driven to be the best in everything he does, an attitude that gets things done. The company’s core values are passion, honesty and determination, and SalesInvest was founded on the belief that a true leader is an expert in sales and therefore sees the potential in others to become the leaders of tomorrow. It strives to back those financially who have the passion and drive to push themselves to disrupt global markets. SalesInvest has built up a reputation for investing in people and their businesses in ways that make the impossible seem totally reachable. The world is changing faster than ever before, with new innovations and developments taking place almost every day. Rapidly changing circumstances have paved the way for new and smart digital start-ups to become influential parts of their industries, but the finance industry also plays a key role in helping to get them there. SalesInvest may always sell and invest in its own brand and its various investment brands, but the main focus always remains with the people that the company invests in. It is always the people that are driving business forward and breaking grounds towards what could be a global gamechanger. Every client can benefit massively from the large network and financial investment that SalesInvest offers, but only if they truly display the passion for their profession. However, it’s not only about passion. The company undertakes detailed analysis on every potential investment opportunity to ensure they have the potential to shape the future of the industry. Each start-up must have an ambitious entrepreneur behind it with a clear business model on how to make money, by solving a real-world problem with a product that has value to the customer and that they are willing to pay money for. Additionally, SalesInvest believes that the real value of a company is in all the problems that the team solves together. S Investing in the future is something that is so vitally important, now more than ever as the world is going through a period of great change. With innovations and developments being generated every single day, there are more opportunities to invest in exciting and passionate start-ups across the world. SalesInvest is the ideal partner for that investment, but not just for the money. For the network, the experience, and the belief that any business can become one that changes the world. Established in 2012 and based in Stockholm, SalesInvest’s main focus is to invest in promising start-ups in a range of industries including energy, music, finance/crypto and digital, while constantly looking ahead for the solutions of tomorrow. It firmly believes that sales is in the middle of everything that is actually working and it is a company that has changed the way synergies are formed, dubbed by clients as the Master of Synergies. Jun21248