Kenya set to remain a hotspot for private equity investments in East Africa

Edwin Dande, Managing Partner & CEO, Cytonn Investments. Credit:

According to Cytonn Investments, Kenya will remain a hotspot for private equity (PE) with global deal makers expected to continue to be attracted by the country’s improved business environment.

Analysts at Cytonn see the Financial Services and Information Technology sectors as some of the key areas set to interest investors on the back of good returns.

“We remain bullish on PE as an asset class, given the abundance of global capital looking for opportunities in Africa, the attractive valuations in private markets compared to public markets and better economic growth in Sub-Saharan Africa compared to global markets,” Cytonn stated on Monday.

Read more: Kenya set to remain a hotspot for PE investments in E Africa – Money Markets