In the context of a global search for returns, investors are increasingly exploring the sub-Saharan African private equity market, according to Erika van der Merwe, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA).
PE Industry News
LeapFrog Investments has become the first equity impact investor to surpass the billion-dollar mark, after the Overseas Private Investment Corporation’s commitment of up to $200m.
SOKOTRA Capital, a Dubai-based private investment company focusing on frontier markets, has been appointed as the exclusive commercial and marketing agent for Grupo Dibaq Diproteg (Dibaq), one of Spain’s largest and oldest privately owned animal feed producers.
Actis, a pan-emerging market investor, has opened a new permanent office in New York City, which is its third office in the Americas and 13th globally.
There is a disconnect between the management team of the pension funds and their boards in West Africa, when it comes to private equity investments, Africa Global Funds has learned.
There has been an increasing trend in strategic sales as a private equity exit route in Africa, according to Jacob Kholi, partner at The Abraaj Group.
A growing number of impact investors express interest in West Africa, but they are seeking a greater understanding of the opportunities and risks in this market, Amit Bouri, CEO of the GIIN, has said.
Malaik, an impact-focused equity crowdfunding portal, has test launched to connect investors interested in impact investment opportunities and entrepreneurs raising equity finance in Africa.
Growing numbers of limited partners (LPs) consider co-investments an important part of their overall private equity portfolios, Africa Global Funds has learned.
The implementation of new investment regulations in Namibia is set to provide a significant boost to private equity in the country, according to Erika van der Merwe, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA).
South Africa has continued to dominate private equity (PE) activity in the Southern African region, accounting for 76% of deal volume and 92% of deal value from 2007-2014, according to the African Private Equity and Venture Capital Association (AVCA).
GuarantCo has opened a new office in Nairobi, Kenya, as it is looking to expand its business in financing infrastructure development in East and Southern Africa.
South Africa is viewed as the most attractive onshore private equity fund domicile in Sub-Saharan Africa, whereas Mauritius is leading as the most popular offshore jurisdiction, according to the EMPEA 2015 African Fund Domicile Survey.
Africa is open for business and there are a number of opportunities in the energy space, Rentia van Tonder, Head: Renewable Energy, Power and Infrastructure at Standard Bank South Africa, has said.