Private equity investors still view Africa as attractive market — Quartz Africa


Global private equity investors remained bullish on their prospects in Africa in 2018, promising to increase their allocations and doubling down on their decade-long plans, a new study shows.

At least 76% of those surveyed planned to increase or maintain their provisions to African private equity over the next three years, while 53% anticipated increasing their allocation to the continent. Of those surveyed, 67% said they would consider investing in a first-time African fund.

Nearly two-thirds of investors also viewed Africa as more attractive for ventures than developed markets over the next ten years. Increased performance and diversification are part of what’s driving this preference, with almost half of the financiers expecting their returns to exceed more than 2.5 times over the next…

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