MARRAKESH – Africa may be flavour of the month but in relative terms still attracts a small percentage of Private Equity and international investment capital. In a plenary at the Africa Development Forum in Marrakech focused on Private Equity, Mike Casey, the Founding Director, EMPEA Consultingpointed out that last year, about $300 billion was raised globally for private equity. Of that, 12 per cent was reserved for emerging markets, and of those 12 per cent ($38 billion), 3 per cent ($1.2 billion) was for Africa-focused funds. “The biggest challenge global institutional investors see when they approach Africa is the lack of…
Suite...