African Private Equity and Venture Capital Association (AVCA) News

Kigali, Rwanda

East Africa is a Rising Hub: Jad Abbas, Director, The Abraaj Group

Being local is key. Simply put, it helps us to identify great businesses, work in partnership with investee companies, and manage risks. That philosophy has always been core to the investment thesis across each of the markets we work in and Africa is no exception.

Nairobi, Kenya. The East African country is attracting private equity interest. Credit: Alamy/Financial Times

Private equity looks to East Africa for investment opportunities

Buyout groups investing in Africa are turning east and shunning the oil-rich western part of the continent as they grapple with the effect of low commodity prices on private equity’s final frontier.

Nairobi, Kenya

Private equity set to boom in Africa, says Baker McKenzie & the Economist Corporate Network

Africa looks set for a bright future on the private equity front with activity on the rise, according to a new report which predicts that around a billion dollars could be invested in the next five years.

African private equity exits hit record high in 2016

African private equity exits hit record high in 2016 (Report): EY & AVCA

The number of exits achieved by PE firms in Africa is trending upwards, evidenced by a record number of exits in 2016.

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).

How private equity investors create value in Africa: EY/AVCA

Private equity activity in Africa at multi-year high (Infographics & Report): EY/AVCA

In EY‘s fourth annual analysis of private equity exits in Africa, it finds that even amidst economic uncertainty, private equity saw strong exit volume in 2015, bringing exits to a nine-year high.

African markets are ripe to absorb more private equity investment

African markets are ripe to absorb more private equity investment (Infographics)

Private equity investments across Africa may soon rise as firms are set to expand their activity on what remains one of the fastest growing regions in the world.

Africa's Private Equity Promise And What It Can Deliver

Africa's Private Equity Promise And What It Can Deliver

The fundamental precept of Private Equity (PE) is to transform a company and improve it, thus allowing it to achieve its full capability by enhancing its operational structure.

Spotlight on Southern Africa Private Equity: African Private Equity and Venture Capital Association (AVCA)

Spotlight on Southern Africa Private Equity (Report & Infographic): African Private Equity and Venture Capital Association (AVCA)

Between 2010 and 2016 H1, there were 277 reported private equity deals in Southern Africa totaling $3.5 billion.

Spotlight on East Africa Private Equity: African Private Equity and Venture Capital Association (AVCA)

Spotlight on East Africa Private Equity (Report & Infographic): African Private Equity and Venture Capital Association (AVCA)

Between 2010 and 2016 H1, there were 167 reported private equity deals in East Africa totaling $1.4 billion.

Bright Africa 2016 - Private Equity: RisCura

Bright Africa 2016 - Private Equity: RisCura (Report)

The increase in private equity fundraising in 2015 is evidence of the strong interest in investing in Africa’s real economy, despite the recent challenges in which many African countries find themselves.

A day in the life of an African consumer: AVCA

A day in the life of an African consumer (Video): African Private Equity & Venture Capital Association (AVCA)

The AVCA presents a short video showing the far-reaching impact of private equity investment on the life of the typical African consumer.

Michelle Kathryn Essomé, CEO, AVCA

Africa had record levels of private equity exits in 2015: AVCA & EY

African private equity firms cashed in on investments last year at the highest rate in almost a decade, with South Africa, Egypt, Nigeria and Kenya accounting for two-thirds of these exits.

Skyscrapers stand on the city skyline looking west from the Carlton Center in Johannesburg, South Africa, Photographer: Dean Hutton/Bloomberg

Private equity firms builds war chest to invest in Africa (Infographic)

Private-equity companies amassed a $4.3 billion war chest for investment opportunities in Africa last year as the global commodity rout and weakening local currencies cut prices of potential target companies.

Annual African Private Equity Data Tracker: African Private Equity and Venture Capital Association (AVCA)

Annual African Private Equity Data Tracker (Infographic & Report): African Private Equity and Venture Capital Association (AVCA)

AVCA’s African Private Equity Data Tracker provides a summary of trends in private equity (“PE”) in Africa.

Carolyn Campbell, Managing Director and Founding Partner, Emerging Capital Partners. Credit: avca-africa.org

African private equity - The bright continent: Carolyn Campbell, MD, Emerging Capital Partners

Last year, a record $4bn (€3.7bn) was ploughed into private equity fundraising in 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.

Dominique Lafont, Senior Advisor, KKR

KKR to invest $100M in Africa over the next year and make Nigeria regional base

KKR & Co. L.P. might be turning to Africa as its next hotspot for private equity investments.

Broadening horizons - How do private equity investors create value - A joint study of private equity exits in Africa by AVCA and EY

How do private equity investors create value in & from Africa? A study of private equity exits in Africa: AVCA & EY (Infographic & Report)

In our inaugural report, we countered popular opinion about PE in Africa to prove that the industry was making excellent progress in exiting its portfolio companies. We also provided evidence of genuine value creation by PE firms in the region through hands-on involvement in the companies they back.

Afriflora, a rose farm in Ethiopia, attracted a $200M investment from private equity powerhouse KKR last year.

From milk to roses, private equity investments in Africa on the rise

From milk churning in Zimbabwe to rose growing in Ethiopia, private equity investments in Africa have returned to pre-crisis levels and should keep rising as funds seek bumper returns in far-flung markets.

Mustafa Abdel-Wadood, a Partner at Abraaj, continues to see investment potential in Africa’s largest economy Nigeria. Christopher Pike/The National

Private equity house Abraaj buys majority stake in Nigerian mattress manufacturer Mouka

The Abraaj Group has acquired a majority stake in Mouka, a mattress manufacturer in Nigeria, as part of its plans to expand in Africa.

Vincent Le Guennou, Co-CEO, Emerging Capital Partners

Private equity firm Emerging Capital Partners looking to raise additional $750M for Africa deals

Emerging Capital Partners, the buyout firm that’s made more than 50 investments in Africa, is seeking as much as $750 million as it pursues further deals.

There is no better moment to invest in Africa than now

There is no better moment to invest in Africa than now

Home to the world’s youngest population, untapped natural resources and a growing middle class, Africa has become the target for investors keen on high returns.

David Rubenstein, Co-Founder & Co-CEO, The Carlyle Group

Private equity: The African promise

Carlyle Group co-founder David Rubenstein made headlines last year for suggesting Africa was poised to become the next private equity hotspot. “The great explosion in private equity, if it is going to occur anywhere around the world in the next couple of years, is probably going to be in Africa, particularly sub-Saharan Africa …”

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.

Michelle Kathryn Essomé, CEO, African Private Equity and Venture Capital Association (AVCA)

African private equity exits show momentum after 38% increase in 2014

Private equity (PE) exits in Africa reached an eight-year high in 2014, and strong activity should continue as more companies enter the period where an exit becomes increasingly imperative, according to data from EY and the African Private Equity and Venture Capital Association (AVCA).

South Africa's Brait to pay $1B for control of Richard Branson co-owned Virgin Active, in biggest M&A deal from Africa so far this year.

South Africa's Brait to pay $1B for control of Richard Branson co-owned Virgin Active, in biggest M&A deal from Africa so far this year

South African investment house Brait SE (BATJ.J) is to pay 682 million pounds ($1 billion) for a controlling stake in gym group Virgin Active, Brait said on Thursday, seeking to tap the growing health-conscious middle classes particularly in Africa and Asia.

Private equity firm Development Partners International closes 2nd Africa fund at $725M, 45% above target

Private equity firm Development Partners International closes 2nd Africa fund at $725M, 45% above target

Development Partners International, the private equity house, has closed its second Africa fund at $725m, 45 per cent above target, reflecting growing investor appetite to tap the continent’s expanding consumer class.

US private equity firm KKR made its maiden investment in Africa in 2014, spending $200M on a stake in an Ethiopian flower farm.

African private equity deals hit seven-year high

The value of private equity deals in Africa reached their second-highest level on record in 2014 as population growth and an increasingly stable political climate helped drive international interest in the continent.

The Carlyle Group, the world’s second-largest manager of alternative investments, invested $147 million for an 18 percent stake in Nigeria's Diamond Bank.

South Africa losing buyout allure to fast-growing Sub-Saharan African rivals

South Africa is no longer the destination of choice for private equity investors seeking to tap returns on the continent.

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.

Adiba Ighodaro, Partner, Actis

African Women to Watch: Private Equity (Video)

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.

Runa Alam, CEO, Development Partners International

African investors discover routes to riches beyond commodities

Legend never had it that there would be diapers, foam mattresses, tampons and bottled water at the end of the rainbow.