Tells of the creation of the first private equity fund in Nigeria and potential first investment fund in GS Telecom, a Nigerian telecommunications company. Fund managers are keenly aware that the first bad investment may create a vicious circle for the foundation. Thus, whether to invest and under what conditions is crucial. It can also be taught as a country's commitment of Nigeria with a focus on entrepreneurship, telecommunications, and venture capital. "Hide
by Walter Kuemmerle, Chad Ellis, William J. Coughlin Source: Harvard Business School 26 pages. Publication Date: December 1, 1999. Prod. #: 800104-PDF-ENG