Investment

A collaboration with Coval creates a platform for distinguished partners to increase or establish their financing activities in one of the world’s most fascinating industries, with a steady growth potential. It also offers collaboration possibilities with proven industry and sales experts, providing additional business potential in infrastructure and agricultural projects as well as micro-credit facilities.

Coval (The Company) has initiated an expansion strategy to fully develop its business potential and to increase its margins and Return of Investment (ROI) by economies of scale. A window of opportunity under Angola’s new government, combined with Coval’s strategic position in Southern Africa, means this expansion is currently focused in Angola but is not limited to these two countries.

  • Angola
  • Southern Africa

Towards the end of 2019, the company partnered up with a Swiss investor and also intensified its collaboration with the National Bank of Fujairah (NBF) in Dubai.

  • National Bank of Fujairah

BUSINESS OPPORTUNITY
FOR FINANCIAL INSTITUTIONS

Coval is determined and is set to upscale its well-established and successful business model. This begins by extending its current buying volume in Angola from USD 1 million to USD 8 million as soon as the requisite credit facilities are put in place. Contracts to proceed accordingly and with immediate effect are signed with the Angolan Government.

The Company expansion will allow to:

  • Capitalize on windows of
    opportunities
  • Sign more favourable sale agreements as well as long-term purchase agreements.
  • Receive preferred client status
  • simultaneously profit from more time and pricing flexibility on different market places, such as Dubai, New York, London, Tel Aviv, etc.

THE TIMING FOR THIS ANGOLAN-FOCUSED EXPANSION
STRATEGY IS CONSIDERED FAVOURABLE BECAUSE:

  • Coval is in advanced negotiations with distinguished producers to sign a purchase commitment agreement that will facilitate access to a steady and seamless supply with most favourable conditions
  • The Company’s signed contracts and its current focus on Angola became very promising during the recent governmental changes which saw the introduction of stricter controls while fighting corruption and illegal mine operations
  • The Company is convinced of an attractive, upcoming momentum arising from market conditions in the near future. These include a growing demand for diamonds, leading to an increasing supply shortage and raising price volatility, offering a positive trend for the market price