The investability and investment case for towercos and infracos in MENA
How the investment landscape in this developing region is shifting
TowerXchange Meetup MENA played host to some of the most expert investors from across the region on a panel to discuss how the investment case in MENA towers is developing. Chaired by Yiannis Mavridis of TAP Advisors, the panel brought together Abu Bakar Chowdhury, Managing Director and CFO of ASMA Capital, Eric Crabtree, Chief Investment Officer of the International Finance Corporation and Akshay Grover, Chief Investment Officer at iSON Towers.
Setting the scene
The panel started by stating that the industry needs patient capital. There is a tension between private equity investors seeking higher returns when measuring risk in certain markets versus an asset class,which doesn’t produce massive returns.