African Capital Alliance (ACA) News

Private equity in Africa steps up a gear in 2016

Private equity in Africa steps up a gear in 2016: African Private Equity and Venture Capital Association (AVCA)

Private equity investment in Africa continues to go from strength to strength, evidenced by a new report from the African Private Equity and Venture Capital Association (AVCA).

Jeff Schlapinski, Director of Research, EMPEA

Private equity investment in Africa heats up as pension funds stay local

African private equity is having its moment in the sun, with pension funds on the continent ready to invest in their own backyard as investment banks continue to retreat from lending and domestic strategies mature.

Nigerian biscuit maker Beloxxi lures $80M private equity investment

Nigerian biscuit maker Beloxxi lures $80M private equity investment

Nigeria’s snacks industry has attracted the interest of a private equity firm founded by Sir Bob Geldof in a boost for Africa’s biggest economy.

Private equity firm African Capital Alliance buys 49% stake in Continental Re

Nigerian PE firm African Capital Alliance buys 49% stake in pan-African reinsurer Continental Re

African Capital Alliance (ACA) announced in early February its purchase of a 49% stake in Continental Reinsurance Plc, the largest private pan-African reinsurer outside of South Africa.

Big deal: Private equity firm Helios has invested in the petrol stations of energy company Oando.

Prospectors detect hidden gems for Nigerian private equity

Private equity (PE) investors, lured by the potential for rapid growth offered by industries serving Africa’s young, fast growing populations, are beating a path to Nigeria in search of bargains.

Kemi Adeosun, Nigeria's new finance minister, during the cabinet swearing-in ceremony in Abuja this month

Nigeria's finance minister makes non-oil revenues top priority

Nigeria’s new finance minister said raising non-oil revenues was her top priority, as the slump in oil prices continues to take its toll on Africa’s biggest crude exporter.

The Key Ministers in Nigerian President Buhari's Cabinet

Here are five key ministers in Nigerian President Buhari's cabinet

After more than seven months since he won election as president in Africa’s biggest economy, Muhammadu Buhari named his cabinet.

Kemi Adeosun, Nigeria's Minister of Finance

Nigeria's Buhari Picks Ex-Banker Adeosun as Finance Minister

Nigerian President Muhammadu Buhari appointed former investment banker Kemi Adeosun as finance minister as he swore in his cabinet on Wednesday, more than seven months after he won the election that ushered in the first democratic handover of power in Africa’s biggest economy.

Okechukwu Enyinna Enelamah, MD, CFA is the Founder & CEO of African Capital Alliance (ACA)

Nigeria's Buhari asks head of country's largest private equity firm to join cabinet

Nigeria’s President Muhammadu Buhari has asked the head of the country’s biggest private equity firm to join his cabinet, Senate President Bukola Saraki said on Tuesday, as lawmakers started screening candidates for a long-awaited government.

There's plenty to go around. (Reuters/Tiksa Negeri)

Normally risk-averse US pension funds are starting to bet big on Africa

Private equity firms see Africa as the next big thing. But now US public pension funds are starting to look at the continent too.

Vicki Fuller, Chief Investment Officer, New York State Common Retirement...

New York pension fund to invest up to $5.4B in Africa

The New York State Common Retirement Fund, one of the largest U.S. Pension funds and worth about $180 billion, plans to invest as much as 3% of its assets in Africa in the next five years to diversify its portfolio and boost returns.

How To Get Private Equity Exits in Africa Right

How To Get Private Equity Exits in Africa Right

Private equity (PE) as an asset class has received reasonable prominence in Africa in recent times.

Royal Gardens Mall, Lekki, Lagos, Nigeria

Five private equity funds targeting real estate investments in Nigeria (Photos)

Africa focused Private Equity (PE) has developed impressively over the last two decades, in terms of volume, quality of transactions, and performance.