1. If you were in Okey Enalamah's position would you indorse an investment in GS Telecom? If yes, under what terms also at what valuation? Should the fund acquire more than 25% of GS telecom? Is $2 million adequate to secure GS telecom's future?
2. What is your assessment of the revenues to CAPE from an investment in GS Telecom? Should CAPE do this deal even if projected returns are low?
3. What must Enalamah do to mitigate the uncertainty regarding financial projections?
4. If you were a U.S. pension fund manager with a directive to invest up to $20 million in Africa would you invest in CAPE? Why? Why not?