What are the advantages of the NEPAD Special Purpose Vehicle (s)?
• To Large Companies • The NEPAD SPV is likely to be a holding company that will invest in: • Uhurunet through Baharicom • Umojanet where it will be the largest and probably the only shareholder. Companies that do not invest in the NEPAD SPV may not get an opportunity to invest in Umojanet. • Shareholders in the NEPAD SPV will have a say in the management and running of Umojanet, and will have influence on issues like: • The development and extension of Umojanet, • Introduction of new technologies for support of new services across the Umojanet that Authorized Service Providers may wish to offer to their clients. • Setting and maintenance of standards for quality and delivery of service, etc. • Companies will be seen to be supporting NEPAD’s principles and objectives. • To Small Companies • Investment in the NEPAD Submarine SPV was set at US$2million specifically to make it affordable to even the smallest telecom operators. • They benefit from the economies of scale arising from bulk
