My dear stakeholders,

Everyone owes this World a certain supplement contribution to balance the existence and everyone is born to perform something to generate the existence for him/her self and others around. It is my pride to be bone in Africa, the continent that was created to have abundant natural resources to benefit humankind World over.  

The countries ultimate authorities have to make sure the continent resources are made to be tradable assets for the aim of generating income and wealth. The banking sector in Africa so far is operating to serve the existing businesses and ignore startups because of the so said risks involved in startups ventures. We have had what I call barren banking systems in Africa. One thinks of presenting a project at the bank for loan facility but he/she doesn’t know where he/she can have a recourse for security facilities market in case the collateral is required after loan approval.

Africa bankers must think to revolutionize the traditional banking systems by opening up financial trade platforms where assets will be traded. Luck of this thinking in the ages of independence has indeed delayed emergence of financial triggering gears to stimulate the economies and growth of African countries.

The opening up of African countries’ doors and windows to both local and international investors is a very well welcomed strategy. The incoming of foreign investors who are from the countries with both markets, the capital finance market and the security market will obviously outsmart the local investors who cannot access the capital finance as well as the securities markets. These are very serious impediments and hurdles that Africa has to address otherwise we are slowing ourselves to move forward.

Globalization to me is ever a phenomena which makes those with sharp eyes of mind to have chances to grab opportunities brought up by it (the globalization). The first World have fully utilized the opportunities and they are indeed striving fast towards accumulating wealthy. Some of the Terms and conditions being put up to Africa by international financial and security markets has not been favorable to the real existing observational capacity of Africa. There is need to have incubational structured funding models that matches with Africa situational status to carter for the present business altitudes and mindset in Africa. Taking Africa the same level with the first World in project funding terms and conditions is totally unfair. Economically, Africa is categorized as emerging economy countries, therefore deserving specialized incubational funding programs otherwise we are perpetually risking the World economic balance.  

The first World investors selling financial based loan/security facilities to African applicants have been of doubtful altitudes. Most of African Banks are commercial with less capacity to handle big loan applications and thus creating a very big vacuum for foreign financial institutions to take advantage on the virgin investment opportunities available in Africa.  

The presence of financial and security markets in terms of globalization is for the entire human being but the knowledge about accessing to the security markets has been all along a stumbling block to almost all African entrepreneurs especially in implementing large-scale projects or investments.

Coming up of COMTAZ finance AFRICA Limited (CFA) is a strategic endeavor to set its self as a bridge to connect the entities seeking financial-based facilities with the fund providers Worldwide. Our main focus is Africa though we do and operate globally.

The modern financial innovated structures of funding and its allied funding programs which we are connected to, have indeed positioned us to help any kind of financial-based facility in the financial industry. We are knowledgeable to financial engineering and we have access to financiers in USA, UK, Europe, Middle East, China, Hon Kong, Japan and Canada, who are interested to provide funding in all sectors of the economy.   

I invite all the two main camps, projects owners and investors.

With Best Regards,

Fambo Salum Kakinga

Chief Executive Director