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Due diligence for a takeover deal at two hotels in Tanzania
Arthur Andersen Genova office and DCDM were appointed by an italian company to conduct a full diligence work of two hotels prior to their acquisition in Tanzania. Our experts performed a full due diligence review for those two hotels including a financial audit of two companies, the reconstitution of the end of year balance sheet and the reconstitution of the local tax and legal framework and their impact on two companies. Following this complete review, we advised the italian company on local tax and legal implications for the takeover deal.
Due diligence at a mining company in Tanzania
DCDM conducted a full due diligence at a mining joint venture in Tanzania. The project is an equal joint venture between an australian listed company and a Toronto listed company. The joint venture envisaged production of over 1 million ounce of gold over the life of the project (6 years). A full fledged due diligence exercise was conducted including a financial audit of the company, the review of accounting policies and financial performance review of the mining joint venture as well as a comprehensive review of business risks.
Due diligence review for a sugar plantation company in Tanzania
DCDM was appointed to perform a due diligence review at this sugar plantation company in Tanzania. A financial audit of the company, review of accounting policies and financial performance review were conducted. Once the due diligence work was completed successfully, DCDM also negotiated on behalf of the client a management contract for the same company.
Finpro
FINPRO has been implemented for over 16 clients located in Kenya, Uganda, Tanzania, Gambia, Bosnia & Herzegovina and Eritrea.

Our largest project involved the deployment of FINPRO system for an Agricultural Research Institute to 26 remote sites all over Kenya, with consolidation at the head quarters in Nairobi, Kenya. As a result, timely reports which are compliant to World Bank requirements have been generated.

DCDM also implemented FINPRO for the Ministry of Health of a West African country. It received fund from the World Bank for its Participatory Health and Population Nutrition Programme and it was mandatory for the Programme Co-ordinator to provide timely information regarding expenses and progress of the programme to the donor agency. With FINPRO, the concerned Department of State is now able to efficiently plan and manage a multitude of expenditures related to the project. It also allows the Ministry to manage external financing file complying to specific requirements of donor agencies. Finally FINPRO has allowed for the automatic financial and management reporting to the Department of State and to the Project Coordination Unit.
 






 
 
 


 
 
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