Identify opportunity. manage risk.
Toros Advisory helps clients identify opportunity and manage risk in markets around the world.
We update clients on policy outlook and political risk in a wide range of sectors, and help companies complete major M&A transactions, providing stakeholder analysis and enhanced reputational due diligence.
We've worked on investment projects totalling billions of dollars and use a global network and qualitative research to provide actionable insights. With the global hunt for yield sending investors to new emerging and frontier markets, and customers and investors rightly insisting on high ESG standards, our work has never been in more demand.
We'll help you make better decisions.
Services
Market entry and political risk
We help companies understand new markets around the world. We conduct qualitative research based on conversations with decision-makers and sector experts. Recently we have provided reports on pharmaceuticals in a major North African market; EU R&D policy; the regional politics of a Gulf jurisdiction; and how a municipal government in Iberia views foreign investors. We've also advised UHNWIs on the media landscape around decentralised finance, and shaped strategy on establishing a new news service covering the industry.
Stakeholder mapping
Gaining an understanding of the main stakeholders in a market or sector is crucial for businesses, NGOs, and government institutions. Recent work has included reports on major stakeholders in EU telecoms, politics and public affairs in the Baltics, and gaming in Central Europe.
Enhanced due diligence
Human intelligence-focused enhanced due diligence is at the heart of our business. We have recently provided reports on subjects including the background of a Ukrainian business figure, the track record of a UK-based renewables business, and the ESG performance and political ties of a major Austrian company.
Dispute support
Sometimes organisations find themselves in difficulties with local partners or governments. Toros Advisory can help. We have supported clients in bankruptcy cases in regions including the Baltics and the Balkans, and provided insights on a €220m+ deal in the Adriatic region that ran into political and legal challenges.
Communications strategy
With our background in journalism, Toros Advisory also helps selected clients with strategic communications, content strategy, and editing. We have worked with businesses including law firms, white-label publishing outlets, and top PR companies. Recent work has included op-ed writing, editing, and communications strategy for the launch of a major investment fund, and regular advertorial and thought leadership pieces.
- What is the outlook for renewable energy in Poland and Romania?
- What are the political risks involved in exporting pharmaceuticals to North Africa?
- Why has a €220m+ deal in the Adriatic region run into trouble? Who are the decision-makers?
- What political trends and stakeholders are shaping the gaming sector in Central Europe?
- What are the political ties and ESG record of a major Austrian business?
- How does a municipality in the Iberian Peninsula view foreign investors?
- What is the outlook for EU telecoms policy? How do key stakeholders view the competitive landscape?
- What is the reputation of a UK-based investment fund?
- Who are key stakeholders to consider in a commercial dispute in the Baltics?
- What is the likely outcome and economic impact of an election in the Western Balkans?
Questions we've helped clients answer.
Who we are
Andrew MacDowall is the founding director of Toros Advisory. For more than fifteen years, Andrew has provided insights, analysis, and intelligence on global markets in Europe, Africa, and Asia. He has worked on more than 100 advisory projects across the world.
With a background in financial journalism, he has written extensively for publications including the Financial Times, the Guardian, and Politico Europe. Covering Central Europe and the Balkans for many years, he has interviewed many of the region's leading political and business figures, and reported on attempted coups, mass protests, economic crises, and the aftermath of war. He also has extensive experience writing economic and political analysis of markets in the MENA region and South East Asia.
He has an MA in social and political sciences from the University of Cambridge and a postgraduate diploma in newspaper journalism from City University, London.
Souhir Mzali is an experienced independent consultant and researcher focusing on Africa. Until December 2020, Souhir was regional editor at an emerging markets-focused publishing and consultancy company, overseeing research in some of Africa's largest markets. Having held a range of roles, including Africa analyst, she has a deep understanding of economies including Morocco, Egypt, and Kenya, and a web of contacts across the continent. She has worked on topics from macro-economics to agriculture and fintech, interviewing some of Africa's most prominent government and business leaders, and building relationships for both editorial and commercial work.
Her recent work has included detailed analysis of the Covid-19 pandemic's impact on private equity and venture capital in Africa, and a study of opportunities in African agriculture, including agritech as well as a report on sustainable industrialisation across the region. Souhir has also worked for a leading Africa-focused business information service.
A British and Tunisian dual citizen, Souhir speaks fluent English, French, and Arabic. Souhir is a graduate of the Université Sorbonne-Paris and in 2019 completed an MBA Essentials certificate at the London School of Economics.
Work with us
To hear more about our services, and to discuss potential projects, please get in touch.
