Madeleine Albright News

Nigeria's new President Muhammadu Buhari rides in a motorcade while inspecting the guard of honor before his inauguration at Eagle Square in Abuja, Nigeria on May 29, 2015. Afolabi Sotunde—Reuters

Why change in Nigeria matters to the world: Madeleine Albright, former US Secretary of State

This week, something unprecedented is happening in Africa’s most populous country, where groundbreaking political change is underway.

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.