Private equity roundup for Africa 2015
Overview
Rapid expansion across the emerging markets is perhaps the most important development for the Private Equity industry. Interest in Africa has never been higher and it continues to see strong interest from investors. Fundraising trended higher in 2014, and the value of transactions nearly doubled during the year. Private Equity's impact in the region is only beginning to be felt. The next decade promises to be an exciting time for Private Equity in the region.
The increase in Africa’s quality of life is leading to a shift in focus for foreign direct investment (FDI), from extractive to consumer-facing industries. Also, the share of FDI projects in Africa with other African countries as their source is increasing markedly, making intra-African investment the second-largest source of FDI.
Increased investment from both local and foreign investors is now driving modern Africa’s story, resulting in a rapidly growing middle class and rising consumer power.
This report captures the positive changes that are taking place in Africa and how the country may be the next stop for major foreign direct investing.