Private equity investment in Africa: The Art of managing expectations
LAGOS (Capital Markets in Africa) – In most private equity gatherings one conclusion is always drawn: Investors and entrepreneurs are not finding each other in sufficient numbers, and I think the facts do speak for themselves. According to the latest EAVCA survey of the PE industry in 2018 only 47 deals were done in East Africa. Looking at the number of entrepreneurs and investment funds, I would think we should have done better! Entrepreneurs say:…
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