AGF’s Anna Lyudvig speaks with Wildu du Plessis, Head of Africa at Baker McKenzie in Johannesburg, about how the nature of deals, exits and fundraising activity has changed in Southern African private equity throughout the years.
A major initiative made possible by the Phatisa-Meridian partnership was the Productivity Improvement Program for Smallholders; instrumental in mobilizing the AAF’s TAF to provide funds and the necessary expertise to roll out the outgrowers' program in Malawi through Meridian’s existing network of retailers in the country. Farmers Worlds, part of the Meridian Group, has hired 60 salesmen/women termed ‘agronauts’ to operate out of Meridian’s (> 100) retail outlets and reach 12,000 farmers in the central and southern regions of Malawi. Phatisa is a sector-specific fund manager with committed investments from Sierra Leone in West Africa to Mauritius in East Africa. This reflects a total of nine portfolio companies across a diverse range of agri and food-related businesses. The African Development Bank (AfDB) has backed several initiatives to support their Feed Africa Strategy, such as Africa-based Phatisa, which invests in food and agri-related businesses in Africa that show strong growth potential.
AGF’s Anna Lyudvig speaks with industry leaders about the state of African private equity and future prospects
AGF’s Anna Lyudvig (AL) speaks with Rory Ord, Head of Unlisted Investments at 27four Investment Managers about the new private equity business and the launch of the PE fund of funds.
Investment in emerging and frontier economies has been a major theme of the past two decades, writes Chris Becker, Economist, Investec Bank
RisCura has launched the 2017 private equity (PE) update of its Bright Africa report, providing a comprehensive view of PE investment across Africa. This research covers fundraising, transaction activity, pricing and investor focus. “The latest findings point to a favourable shift in PE deal sentiment in Africa,” says Head of Independent Valuations, RisCura: Heleen Goussard.
The opportunity for growth-ready fund managers and asset managers is huge. Are you ready to capture it?
Adnan Razzak (AR), Head of Funds & Investor Relations, FCCA, tells AGF about AXIS, PE fund administration and financial services sector in Mauritius
The path to robust data management remains an ongoing journey, though there is growing recognition among African investment firms that the time for transformation has arrived, writes Amit Bharakda, Sales Director, Eagle Investment Systems, a BNY Mellon Company
Africa’s funds industry may not have the scale or scope of those in North America or Europe (yet). But the markets are dynamic and evolving rapidly. To keep pace, asset managers will have to evolve too. And one key area of focus must be the efficiency and sophistication of their operational infrastructures.
The youngest of three daughters Refilwe Mekwa was born and raised in a small village in Limpopo by her single parent mother, a teacher at a government school and someone who naturally values education and the benefits it brings to people’s lives. Refilwe’s mother made many personal sacrifices so that she could send her daughter to an affordable private school that provided high quality education.
Demographics are shaping the investment attractiveness of Africa’s hotel sector, writes Mthuli Ncube, Head of Research, Quantum Global Group
To reach our potential as a Continent we need unprecedented innovation and investment; core to which is the ICT sector and access to affordable, reliable broadband services. The developmental and economic benefits of internet access to economies and especially developing economies is well documented. Undoubtedly, internet access is a critical catalyst to bridging the gap on some of the social needs of the Continent be it in banking, education, government services, entertainment, health etc.
A giraffe on the African Savannah with the tall buildings of a city on the horizon is often the picture many people think of when imagining Africa. They may not know it but the scene is from the Nairobi National Park, a park on the outskirts of Nairobi, Kenya’s capital city. The Kenya Wildlife services on their website call it “The Worlds Wildlife Capital”. It’s a place I had for many years refused to go to, I was happy to go to Kenya’s coast or its Maasai Mara game reserve but I thought that a game reserve so close to the city was somehow not authentic. Till one year I was persuaded to visit and realised that it’s very authentic, a great place and very convenient being so close to the city. For some of the wildlife such as the lions, sometimes a bit too convenient as they can sometimes get out of the reserve and into the city with disastrous results both for the people living in the suburbs close to the reserve and for the lions.