We have strong networking in Development Financial Institutions (DFI), International Banks, Export Credit Agencies (ECA) and PE Funds through whom we arrange finances for our client needs. Success of the funding is very much dependent on the bank application and its contents, we have an expertise in preparing and compiling a application meeting the norms of banks and DFI’s, thus reducing the processing time to a great extent and increasing chances of winning the approval. We also assist companies in handling the due diligence process, as well in responding to the bankers query in a professionally accepted way. We work from start till the end of the process till funds are disbursed.

Many countries willing to promote their exports, runs program of ECA endorsement to exporters and importers and are provided to encourage exporters by giving them competitive edge over their international peers. ECA endorsements enables exporters or bankers to extend long term credit to the buyers, generally this funding is for tenor from 3 to 10 years and in extended in foreign currencies attracting lower interest cost. Also such credit exposure does not count as a regular financial exposure with the Financial Institutions as it comes as Buyers or Sellers credit.

Getting associated with DFI is cheaper compared to commercial banks, DFI not only looks for providing the financial support but they work with an objective to improve the business operations, better corporate governance, energy preservation, environmental matters, social and health issues, etc… The projects having Development banks as their partners carries a better reputation and higher brand value, The external fraternity (banks, investors, sovereign authorities, etc…) looks companies with DFI funding with more respect and are willing to partner in their growth, making it easier for divestment, expansions, new projects & cross country expansions. The process involved of getting associated with DFI is tough as well as it is time consuming, but if handled professionally the results are definite.

The turnaround time with commercial bank is quicker than other modes of funding, which is because of their proximity and involvement in handling routine business transactions, however banks have some limitations as they are limited to finance in local currency making it expensive compared to foreign currency funding as well they have a limitation on amount of credit they can extend,because of rulings from the Central Banks which is related to their balance sheet size.

An effective route to fund the company: PE funds tend to bring professionals on Board and Management, which adds up to fuel growth and brings better governance.

We specialise in arranging vast range of funding for business needs

• Term Lending for Greenfield projects and expansionsul
• Working Capital Funds for running businesses, Overdrafts,
• Factoring, bill discounting, etc…
• Private equity for running businesses
• ECA funding for imports,buyers and suppliers credit,
• Pre and Post-shipment credit,
• Collateral Management Arrangements for commodities in big volumes
• Non Funded limits: Letter of Credit and Guarantees

Banks have their own way of looking at fund requests, a professionally prepared and well-presented application creates a good impression and increases the chances of their approval.
Also to make an informed decision on any new project or expansions, it is very important to have a feasibility study done professionally. We undertake the feasibilities in terms of Technical, market and financial aspects. We have specialisation for following domains;

• Textiles : Manufacturing of Yarn, Fabric, Sheeting,Upholstery, Garmenting and Process houses.
• Food Manufacturing : Milling of wheat and maize, Manufacturing of Pasta and Biscuits, Animal Feed.
• Port Operations
• Cement manufacturing,
• Trade and Distribution- FMCG, Steel
• Retails Supermarkets
• And many more…..

Raising an External Commercial Borrowing (ECB) has its own challenges including the Statutory and Legal compliances. Our team has a thorough experience in handling these matters and understand the approach of the legislative authorities and Central Banks. We guide the process with the Lawyers and the Central banks for concluding the transactions.

It is very important to make a proper balance while offering securities to banks, generally banks are pressing to take maximum cover in form of Mortgages, Pledges, Corporate and Personal Guarantees, Quota retention commitments, etc… It is critical that cover is negotiated which is commercially viable so the free securities can be used for expansions and new projects. Further registering of securities involves substantial costs for stamp duties and taxes, relevant provision of law shoudshould be checked thoroughly for exemptions and minimising the costs.

Selection of right financial product for the financial needs is very critical to remain competitive in the business. With our vast experience of dealing with banks and financial institutions, we advise companies of the best product for their business needs.

This is a product to finance high volumes of commodity. Corporates can freely concentrate on increasing business volumes without for the financing needs. This is also one of the best working capital management tool where funds are locked in tight discipline and diversion to other business activities is not possible.

African economies have a major problem of high financial costs for the loans, the same can be reduced by swapping the local currency exposures to foreign currency which have substantially lower interest rates, the swapping is advised after reviewing the volatility of local currencies.

Countries in Africa are prone to great volatility in foreign exchange rates, companies should have a well-defined Forex hedging policy to reduce the impact of volatility on its business. The Business should not be dependent on the Forex as this is a much specialised areas and it is difficult to predict the trend of the direction of currency.

Each bank has different financial needs and positions, at many a times the position varies hugely between two different banks; companies can take advantages of these situations by generating a risk free income without any investment.

Because of very high interest rates in Africa, LC’s works out to be a very effective tool to reduce the financial costs. Moreover this is also a very effective cash flow management tool.

An effective route to fund the company: PE funds tend to bring professionals on Board and Management, which adds up to fuel growth and brings better governance.

Letter of Credits and Bank Guarantees : can be used as an effective tool to manage the cash flow and to reduce interest burden.

An effective tool to manage day to day financial needs.

For new Greenfield projects and business expansions, the repayments are structured in line with repayment capacities and cash flow generation.

In a quest to grow, management gets more focused to increase Sales, giving relatively lesser importance to other critical aspects such as efficiencies, wastages, costs and cash-flow’s. We do a thorough review on the business from SHAREHOLDERS EYE and advise critical levers, which if fine-tuned, can improve the profitability and the cash flows.

Adding resources are treated as a fuel for growth, however there are times where growth does not corresponds to the added resources, leading a corporate stress situation. It is very important to make a regular review of the performance of the company, as otherwise organisations tend to become fat. Afro Management Services DMCC as an independent advisor makes review of the company’s operations and the performance, the aim is to give insight of the business, which may not be seen by the management because of its involvement in day to day matters.

Sustainability goes with a famous saying by Warren Buffet, “Someone’s sitting in the shade today because someone planted a tree a long time ago”. Sometimes the businesses move at a very rapid pace, ignoring the sustainability aspect. In our review, we advise companies how to build a sustainable business Model.

Insurance is a key aspect for the corporates, we do a review on the portfolio as well as the premiums being paid. Based on our experience we suggest possible improvements which can bring savings in premiums as well better coverage.

Businesses tends to ascend and descend in their growth trajectory, it is a cycle and this phenomena is bound to happen with every organisation. Many different factors can combine to create stress and distress situations: tough markets, eroded competitive positioning, underinvested IP, currency and commodity volatility, customer failure, weak working capital control, ineffective management and leadership We assist businesses in distress situation, to develop a turnaround strategy and partners in its implementation.

Taking an informed decision is key for the success of any organisation, for this MIS need be presented in very analytic manner, so it can give an insight of all critical aspects which effects the decision making. We assist in development of an effective and analyticMIS, financial and operational budgets , costing models, operational reports, thus adding greater visibility to the business.

By reviewing the company’s operations we provide solutions to reduce taxes. We also assist in establishing Investment structures and SPV’s. Africa has a good number of treaties for Double Taxation Avoidance Agreements (DTAA’s) which can be a great advantage for making investments and for optimising the taxes.

Our due diligence support, financial expertise, and industry experience offers peace of mind to both corporate and financial buyers and sellers.

Corporate Advisory Solutions offers expert guidance for growth, exit strategies, and tackling business issues,audits and management recruitment.

Management audit is conducted to check the performance and efficiency of the management of a company. The scope is broad and generally includes all functions of the organization, including its objectives and strategy, corporate structure, organizational planning, the budgeting process, human and financial resources management, decision making, research and development, marketing, operations, and management information systems. Our report includes observations and recommendations to enhance the efficiency and profitability of the company.

We cover following main areas of the business while conducting Management Audits:

Our expertise nad tools help th eth ecompany to : Evaluate management: Assess how well the management team is using resources, implementing strategies, and working in the interests of shareholders
Identify areas for improvement:Find ways to increase productivity and efficiency at all levels of the company
Suggest changes:Identify errors in management activities and provide recommendations for improvement
Make strategic decisions:Provide insights into management practices and their outcomes to help inform decision-making

We cover interviews with management and employees, an analysis of financial statements and performance, a study of a company's policies and procedures, an evaluation of training programs, the hiring process, and many other areas within an organization.

Audit management is a quintessential process to ensure that all audit directives are correctly implemented and executed We do Leverage Next-Gen Audit Management Solution for Regulatory Success and that helps to:
Improve audit plans Track and manage audit findings Boost audit efficiency and cut costs Gain deeper insights through detailed audit result

Africa is a land of opportunities, it is referred as “next investment frontier as investors consistently make returns impossible elsewhere,” thanks to the immense opportunities it has; young emerging population, vast fertile and virgin land, abundant natural resources gas, oil, gold, minerals, gemstones, etc…. Africa is on the radar these days for many Indian companies who wish to take their business across borders. Besides continent of extraordinary opportunities, it has its own challenges to operate in Africa whicha re very unique when compared with India and other parts of the world. Major challenges for doing business in Africa are : Lack of educated and technically competent manpower, high corruption, thefts, manipulation of imports, high volatility of foreignexchange, lack of infrastructure (Roads, Power, Railways, ports, etc…), inactive financial markets, lack of transparency in systems, etc…

Companies willing to expand in Africa need to set their foot right on a sound base, we at Afro Management Services DMCCs LLP assist by

• Providing a roadmap for setting-up businesses and subsequently for operating efficiently,
• Finding out a right JV partner and making a due diligence of shortlisted partner.
• With our extensive network with DFI’s and International Banks we assist companies in arranging finances for their projects and working capital needs.

Africa is the second largest continent in the world after Asia, and with a total land area of more than 3,025.8 million hectares (ha), its landmass is more than three times that of the United States of America and has 53 countries. The African landscape is a rich and dynamic mosaic of resources, which includes forests and woodlands, arable land, mountains, deserts, coastal lands and freshwater systems, that holds vast opportunities for development and improving human well-being if managed sustainably Africa’s significant land resources can contribute to sustainable development, and to achieving the targets under all the eight Millennium Development Goals (MDGs). Whether in pristine condition or degraded, land resources provide vast opportunities for investment for internal and external investors. The continent also has the fastest-expanding labour force in the world. Today, there are more than 500 million people of working age (15 to 64) in Africa, and that number is expected to pass 1.1 billion by 2040 – to be larger than China and India. African countries are trying to improve their business environment as a strategy to attract more Foreign Direct Investment (FDI). One of the key investment drivers is the increasing prevalence of peace, democratic elections and improved governance. The economy is expected to expand from a GDP of $2 trillion to $2.6 trillion by 2020, with a consumer base amounting to $1.4 trillion. The pace of growth is forecasted at around 6 per cent annually for the next decade, bolstered by young demographics. Sub-Saharan Africa is projected to be home to one-fourth of the world’s population under the age of 25 by the end of this decade. The IMF expects GDP growth to accelerate to 6.5 in 2014, driven by robust commodity prices, inflow of foreign capital, and domestic consumption and infrastructure spending. The continent has also benefited from a strong commitment by African governments to structural reforms and prudent macroeconomic policies. Roads, bridges, airports and other facilities are being built through pan-African institutions with a strategic vision for integration.

The African continent today represents new horizons and opportunities for Indian industry, in light of rising per capita incomes, new infrastructure and connectivity networks, and the expanding reach of technology. India is fortunate to have a strong and close friendship with countries of the African continent based on shared historical experiences. India has always demonstrated strong optimism regarding the potential of the African continent and has seen itself as a significant stakeholder in its progress. The Indian government has taken several initiatives over the recent past to strengthen the bilateral engagement, instituting platforms for dialogue and cooperation such as the Pan-African e-Network, the Focus Africa programme, and the India-Brazil-South Africa process. The India-Africa forum summits have imparted further impetus to this endeavor.. India’s economic engagement with Africa goes beyond trade and investment to extend to innovative domains such as alternative energy, organic farming, medical expertise, skill development and technology partnerships. Africa’s natural and human resources resonate well with India’s capacities to convert them into productive assets. Indian companies in Africa have earned goodwill for their long-term strategic engagement to work with communities and people. ‘Affordable, adaptable and accessible’ goods and services have been considered the road to successful ventures in Africa. As a result, trade has skyrocketed from less than $5 billion in 2000-2001 to over $70 billion in 2012-13. The export profile is well-diversified and top export items include petroleum products, transport equipment, pharmaceuticals and fine chemicals, and machinery. India’s imports from Africa too are growing robustly, crossing $44 billion in 2011-12. The country is Africa’s fourth largest trading partner, and accounts for over 5 per cent of Africa’s trade. Given India’s dependence on crude oil and gold, Nigeria and South Africa accounted for about half of total imports. Coal, metals and inorganic chemicals are among the top five import items. The most encouraging feature of the economic partnership is the strong pipeline of investments that Indian companies have undertaken in Africa, across sectors such as FMCG, mining and minerals, telecommunications, construction and projects, among others. It is estimated that acquisitions by Indian companies accounted for a third of the total value of acquisitions in Sub-Saharan Africa in 2010. India’s approved cumulative investments from April 1996 to March 2013 are estimated to be $37.8 billion. India and Africa have set a trade target of $90 billion by 2015, The Exim Bank has 129 lines of credit in operation as of December 2013, amounting to $6 billion for projects in 45 African countries. These LoCs facilitate imports of project equipment and services from India in infrastructure and manufacturing.

• I need a full time CFO, but cannot afford it.
• Quality and Timely delivery
• Cost Effective
• High Competency

We provide a dedicated account manager (Finance professional) at our office who acts as a Virtual CFO for companies and takes care of all Financial and Accounting headaches in co-ordination with the client’s team. In the age of technology, there is no barriers of distance, the process is handled by communicating over e-mail’s, cloud services, video conferencing and telephonically, also a visit can be arranged in case of need. Just focus on your core business and leave all the issues related to financial / accounting / business process / taxation / compliances to us. The simple solution to all your issues is:

• I need a full time CFO, but cannot afford it.
• Quality and Timely delivery
• Cost Effective
• High Competency

Our team at afro managemnet service is made up of former operating CFOs and CHROs who actively held those roles as members inside companies across various industries.

You’ll work with one of our dedicated, experienced CFOs. They will be your key point of contact and help you navigate the challenges and opportunities your business faces. You (and your dedicated CFO) will also have our analytics, financial strategy, business intelligence, and back-office accounting support available to help facilitate any specific needs. We’ll help you gain and maintain investor confidence by preparing financial data and reporting, helping build your pitch deck, and supporting your negotiations.

Our fractional CFOs will evaluate your business’s financial performance to identify paths for growth and predict their outcomes. We’ll ensure your investments are put toward calculated endeavors, allowing you to sidestep the typical pitfalls and missteps that companies often encounter during scaling.

Our M&A services include making an evaluation of the target or the merging parties, making the valuations, coordinating in the due-diligence process, proposing financial & other strategic alternatives. We cover all areas of M&A for acquisition (“buy-side”) advice and sale (“sell-side”) advice. An independent due diligence adds great value to a transaction and can be considered one of the key steps in executing a successful transaction.Afro Management Services DMCC able to seamlessly integrate the various aspects of a due diligence, from financial, legal to taxation and information technology, allowing users to fully understand the diverse risk profile of the target. We believe a due diligence is an integral part of the transaction process. From corporate governance point of view, a due diligence conducted by an independent party is “must-have” for the board approval of a transaction.

We offer advanced tools ans expertise Tools and Expertise to gain access to new technologies or R&D capabilities, To expand operations, To gain a higher market share, To reduce costs, and To boost profits. Identifying business objectives and providing financing advice
Drafting, negotiating, and performing contracts
Conducting due diligence
Assessing regulatory obstacles and gaining regulatory approval

Our industry-leading technology and experts take the complexities out of dealmaking. Our expert support team lets you focus on the deal – we’ll handle the rest. You can count on our M&A solutions and experts to make navigating the process simpler for your team.

We know value of our clCEO’s, CFO’s, CIO’s, CXO’s

1. Obtain the Job Description of the desired candidate and then we check employer’s expectations from the candidate and the terms & conditions of employment. 2. Search matching candidates from International and Indian job portals, also scan our candidate database ( we keep-on updating our database on regular basis by speaking and interviewing good candidates for key positions, which helps us in quick deliverables). 3. Conducting interviews by either personal meetings or by Skype/telephonically. Interviews are conducted to vouch following aspects of candidate’s profile; Seriousness to make a career move, Understanding of International working culture and more important, the adaptability ( if they are not aware then we make them understand the life style and working culture) Stability in the past assignments and checking whether they had genuine reasons for the changes they have taken in past, Assessing the technical skills, 4. Thereafter we forward to our client, the CV of the shortlisted candidate with a summary of candidates personal and professional details and our recommendation. 5. On shortlisting of candidates by the Company we arrange the interview with the candidates. 6. After any candidate is finalised, we arrange the reference check, 7. And thereafter we co-ordinate the processes involving the acceptance of employment contract and the joining formalities for visa and travel arrangements. 8. After the candidates join the company we get feedback from employer for the candidate and vice versa.

We specialize in the sourcing, assessment, and placement of the highest performing HR professionals where there are succession or critical implications in any verticals. We can provide HR executive placement services for the positions your company needs most. Our human resources direct hire staffing process helps put the most qualified individuals in these positions through executive placement services, ensuring you find the right talent efficiently and effectively.

Enterprise resource planning (ERP) is a software system that helps organisations streamline their core business processes—including finance, HR, manufacturing, supply chain, sales, and procurement—with a unified view of activity and provides a single source of truth.Our ERP software system that helps organizations automate and manage core business processes for optimal performance. AFRO ERP solutions provide best in class functionality for small and mid-sized businesses to thrive in the new difgital economy.

Streamlined Operations: ERP software consolidates various business functions into a single platform, reducing the need for multiple software licenses and subscriptions.
Enhanced Data Visibility With ERP software, businesses gain access to real-time data across all departments.
Cost Savings ERP software consolidates various business functions into a single platform, reducing the need for multiple software licenses and subscriptions.
Regulatory Compliance ERP systems often come equipped with tools to help businesses comply with industry regulations and standards.

Financial Management:A finance module, the foundation of every ERP system, manages the general ledger and all financial data. It tracks every transaction, including accounts payable (AP) and accounts receivable (AR), and handles reconciliations and financial reporting.
Manufacturing:Manufacturing can be complicated, and this module helps companies coordinate all the steps to make products. The module can ensure production meets demand and monitor the number of in-progress and finished items.
Human Resource Management (HRM):A human resources management (HRM) or human capital management (HCM) module is like a workforce management module. It keeps employee records with detailed information, like available PTO and performance reviews, and can tease workforce trends in various departments or demographics.
Procurement:The procurement module manages raw materials or finished goods purchasing. It can automate requests for quotes and purchase orders and minimize overbuying and underbuying when linked to demand planning.
Supply Chain Management: Supply chain management modules enable companies to oversee the flow of goods from suppliers through manufacturing and into customers' hands. Keep production running smoothly by ensuring all materials are available and in the correct locations and accurately schedule machinery and labor resources.
Warehouse Management: A warehouse management module directs activities like receiving, picking, packing and shipping. It can save time and cost in the warehouse by identifying more efficient ways to execute these tasks.