Africa: Firmly on the map

Victoria Island, Lagos, Nigeria

A number of new real estate fund platforms focused on Sub-Saharan Africa (SSA) have emerged in recent years, giving credence to the continent’s ability to attract larger capital commitments from global investors. 

Actis Capital launched the first in 2007, when it raised more than $150m (€138m) of equity from a single development finance institution (DFI). This was quickly followed by the emergence of other fund platforms and, to date, more than 15 are now established with more than $2bn in equity committed.\

These new entrants, together with subsequent rounds of capital raising from existing fund platforms, could target a further $4-5bn over the next few years.

Read more: Africa: Firmly on the map | Magazine | IPE RE