Private equity (PE) deals in Africa totalled $4B in 2013, almost quadruple the 2012 deal total, according to research from Preqin and Private Equity Africa.
The Private equity deal total for 2014 is expected to rise even further.
More than 50 Africa-focused private equity funds have been launched since 2010, accordig to Africa Assets.
Strong economic growth and positive regulatory reforms in Africa have created a vibrant private equity market across all sectors, playing an increasingly important role in Africa’s socio-economic development.
In 2013, the preferred PE sectors in Africa were Technology, Media, & Telecommunications (TMT); Energy & Resources; and Banking & Finance; according to Ernst & Young (EY). Furthermore, there is growing interest in Healthcare, Education, Construction, and Consumer Goods.
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