For Musa, investment and social development are two sides of the same coin.
We apply a strict set of guidelines focused on the socio-economic impact our investments will have on the communities in which we and our portfolio companies operate.

The senior partners have built the achievements of the firm upon a value system that emphasises investment in the ‘human machine’. While traditional financial analysis has made its contribution, Musa has been successful primarily because of the people and communities with whom Musa has partnered over the years.

Investment Drivers

We believe these are universally applicable, but work particularly well in Africa, coming as it does off a low base:

• Obtaining an attractive valuation at acquisition
• Structuring a realistic exit at the beginning of an investment, or at least perceiving that viable disposition alternatives readily exist for the business
• Targeting business opportunities that are cash-generative in nature, particularly those where revenue is in hard currency or indexed to such. (African businesses have the potential for strong dividend payouts, allowing investors to recoup principal and, thereby, reduce both investment and exit risk)
• Seeking out opportunities that are scalable and, importantly, can take advantage of the continent’s growing regionalisation. (In this regard, South Africa is a logical fulcrum to development for Africa); and
• Structuring the optimal use of leverage in the acquisition and growth of investments