Data & Intelligence

Impact Case Study: Main One Cable Company

In 2009, Harith invested US$30 million for a 25% stake in Main One Cable Company.

  • Company Headquarters: Nigeria, Ghana, Benin, Burkina Faso, Togo
  • Business focus: Infrastructure

Impact Highlights

  • Main One built an undersea 1.92 terabitper- second fiber-optic cable linking landing sites in Accra and Lagos with Portugal for onward connection to London
  • An estimated 60% of Nigeria’s 25 million internet users access the World Wide Web through Main One’s lines as of February 2014
  • Harith provided strategic and operational guidance to Main One as increasing competition reshaped the ICT landscape; as a result, Main One has developed highmargin, value-added services such as data centers to diversify its revenue streams
  • Main One has partnered with schools and universities in Nigeria to provide affordable internet access
  • The company has also partnered with the Lagos State Government, the United States Trade and Development Agency and Google, among others, to extend its infrastructure network across Nigeria
EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Managing Director, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company