Africa
Overview
BDO is the fifth largest accounting and consulting network in the world with 626 offices in 110 countries. We have offices in 14 locations in Africa and 9 locations in Australia including Perth. We can therefore confidently say that at BDO, we are at home in Perth, at home in Africa and at home in the resource industry.
Services
BDO is a one-stop provider with a wealth of contacts and knowledge. We provide a personalised service yet we maintain the objectivity that is essential in a professional relationship. Specific areas of expertise include corporate advisory services such as takeovers, expert reports and investigating accountants’ reports; accounting standards requirements; tax compliance; strategic tax planning and audit assurance. BDO is a precious resource, so why not profit from our experience when you venture into Africa?
Why choose BDO?
The key to success in Africa is to know how. We know how business works in Africa, as we have helped many Western Australian companies set up their African operations making us familiar with all the regulations and requirements relating to different African countries. Here are some of the companies we have helped:
- ABM Resources Ltd – Various
- African Energy Resources Ltd – Uranium
- Aquila Resources Ltd – Various
- Azumah Resources Ltd – Gold
- Burey Gold Ltd – Gold
- Carnegie Minerals PLC – Minerals
- Castle Minerals Ltd – Gold
- Chrome Corporation Ltd – Chrome
- Continental Capital Ltd – Various
- Extract Resources Ltd – Uranium
- Firestone Energy Ltd – Coal
- International Base Metals Ltd – Copper
- International Goldfields Ltd – Platinum
- Kasbah Resources Ltd – Tin
- Mavuzi Resources Ltd – Gold and Copper
- Mineral Commodities Ltd – Mineral Sands and Diamonds
- Mineral Sands Ltd – Various
- Nkwe Platinum Ltd – Platinum
- Oklo Uranium Ltd – Uranium
- Omegacorp Ltd – Uranium
- Range Resources Ltd – Various
- Shield Mining Ltd – Gold
- Shpere Investments Ltd – Iron Ore
- Tribune Resources NL – Gold
BDO office locations in Africa
Client case studies
Kasbah Resources Ltd
When Kasbah Resources Limited turned to the capital markets to help fund exploration for their tin assets in Morocco, they turned to BDO for assistance.
- BDO in Perth worked closely with BDO Stoy Hayward in London by acting as Reporting Accountant for a potential listing on AIM.
- In March 2007, Kasbah Resources pursued an IPO on the Australian Securities Exchange. BDO acted as Investigating Accountant to the IPO.
- BDO in Perth worked closely with BDO Asmoun & Associes in Casablanca throughout the IPO process and as the ongoing auditor and tax adviser.
Mavuzi Resources Ltd and Mantra Resources Ltd
In September 2007, Mavuzi Resources Limited merged with Mantra Resources Limited by way of Scheme of Arrangement and turned to BDO Corporate Finance for assistance.
- Mavuzi’s main asset was its gold and copper exploration areas in Mozambique.
- Mantra’s focus was its uranium exploration interests in Tanzania and Malawi.
- BDO Perth was selected as the Independent Expert to report on the merger based on their experience in the preparation of Independent Expert Reports and in working with Australian companies operating in Africa.
- BDO independent expert report concluded that the merger was in the best interest of security holders.
African Energy Resources (Guernsey) Ltd
In March 2007, African Energy Resources (main asset uranium in Zambia) undertook an IPO on the Australian Securities Exchange.
- BDO Perth acted as Investigating Accountant to the IPO.
- BDO Perth continue to work closely with BDO Spencer Steward in Zambia as auditors.
Additional documentation
Download the BDO in Africa information brochure here.
Download BDO in Africa marketing material here.
Download Roger Donnelly’s (Chief Economist, Export Finance and Insurance Corporation (EFIC) paper here.
"Into Africa" is a research paper published by the Lowy Institute and authored by Roger Donnelly and Ben Ford of EFIC in their private capacities. The views expressed in the paper are those of the authors and not necessarily those of EFIC."
Contact
For further information on BDO’s network in Africa please contact Sherif Andrawes on 08 9360 4200 or sherif.andrawes@bdo.com.au.