Welcome to December's newsletter from Addleshaw Goddard's Africa Business Group.
Africa - Private Equity
This month's newsletter focuses on topical issues in private equity in Africa.
A recent survey by the African Private Equity and Venture Capital Association of 60 leading global limited partners has shown that the majority of those surveyed planned to increase their allocation of private equity investments in Africa.
Such investment is an important factor in the development of vital sectors throughout Africa, including infrastructure, agriculture, technology, education and health.
Almost half of the potential investors surveyed expected that their investments will yield at least double returns over the next decade.
There also appears to be a growing trend for private equity firms to be investing into start-ups and early-stage companies, in emerging and established markets in Africa.
In addition, a number of investors confirmed that they would consider investing in a first-time African fund and nearly two-thirds of investors viewed Africa as a more attractive investment option than other developed markets over the next ten years.
As well as interest from international institutional investors, there has also been a marked increase in activity from local African investors.
While there is a great deal of positive sentiment around private equity investment into Africa, it still remains to be seen whether such investment will be realised.
Nevertheless it is an exciting time for investors considering doing business in Africa.
Please see below our round up of the latest news from Africa on private equity.
