Africa is the 1st continent in the world where cellular telephony has outnumbered the fixed line network. There has been rapid telecom development in certain parts of Africa in the recent past. Even though there prevails, some amount of political & economic inconsistencies, the governments are carrying out significant reforms and programs to speed up the progress of their respective countries, which in turn fuels the telecom industry. Thus, such an emerging economy is slowly becoming the focus of investors. Investors see huge potential in this market.

On the above note, Fleming Gulf is proud to announce Investment in Telecom Africa, scheduled for 3rd & 4th February 2009 in Johannesburg, South Africa.

Rudinov Vincent , Conference Producer at Fleming Gulf quotes: “This unique conference will rendezvous senior executives & decision makers representing the telecom fraternity, solution providers, Financial Institutions & Government Officials who will meet over two days to discuss one of the fastest growing sectors in Africa today”.

The conference will focus on attracting international investors to Africa, Building a world-class infrastructure, Mergers & Acquisitions, Regulations and licenses for new entrants, financing telecom operators, vendor financing, Rural Telecom business model & strategies to maximize profits in a low ARPU market.

World Bank Group President Robert B. Zoellick said, “Sovereign wealth funds hold an estimated $3 trillion in assets. If the World Bank Group can help create the platforms and benchmarks, the investment of even one percent of their assets would draw $30 billion to African growth, development, and opportunity.” There will be a special focus on Sovereign Wealth Funds as they seek to invest vast amounts of capital in the telecom sector.

While there is an increased competition in the telecom sector in Africa today, there is an untapped potential which still exists. “Africa is a Goldmine as far as telecom investments are concerned”

For more information, please contact Randy Padrinas, Marketing at 971 4 6091578 or email:marketing@fleimggulf.com
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