I'm kind of curious from, from, from that experience, you know, what have you observed about operational bottlenecks, you know, that face African firms today? Are there any unique things that you've noticed?

I mean, uh, some are recurring ones, and they exist n- almost everywhere.

The first is, um, foreign exchange, and although people think of that primarily as a financial risk, it has a direct operational dimension.

So, you know, essentially we have to be prepared to manage currency vol- volatility in multiple markets, and we have to put in place the controls to monitor that exposure.

But what, in terms of foreign currency, at Silverback, the way we try and mitigate that is that it, it is really part of our selection criteria.

And what I mean by that is, at the selection stage, we look at businesses that at least have 30% of their revenues in hard currency.

It doesn't eliminate the risk, but it mitigates it, and it reduces the operational burden at a later stage.

Mm-hmm.