RisCura News

Gerald Gondo, Business Development Executive, RisCura Africa. Credit: afsic.net

African fixed income investments coming into their own: Gerald Gondo, Business Development Executive, RisCura Africa

Given the continued global search for yield and growth in an increasingly low-yield world, debt markets in Africa should and will attract increasing attention from institutional investors.

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.

"Industries serving consumer staples and discretionary spending fetch the highest prices because of favorable demographics in the growing middle class," says Rory Ord, RisCura's Head of Valuations

Private Equity Firms Bid Up Africa M&A Prices on Record Funds

The prices private equity firms pay for stakes in African companies are the highest in six years, driven by record fundraising and competition for the continent’s expanding middle class.

East Africa Private Equity Deal Dashboard - RisCura & EAVCA

East Africa Private Equity Deal Dashboard 2016 (Report): RisCura & East Africa Venture Capital Association (EAVCA)

The first ever dashboard on East African private equity deals has been released, another step forward in the quest for solid investment data on the African continent.

Erika Van der Merwe, CEO, Southern African Venture Capital and Private Equity Association (SAVCA). Credit: ventureburn.com

Investors increasingly turning to Africa's private equity markets: Erika Van der Merwe, CEO, Southern African Venture Capital and Private Equity Association (SAVCA)

Investors seeking exposure to frontier markets in Africa, which contains some of the world’s fastest-growing consumer markets, are increasingly exploring Sub-Saharan African private equity markets.

Compelling investment markets in Africa. Credit: sc.com

Compelling investment markets in Africa - Inside Riscura's Bright Africa 2015 Report: Debbie O’Hanlon, Senior Analyst, RisCura (Infographics)

Africa is not a single investment destination with a single set of standardized risk factors and homogenous potential for reward.

Bright Africa - The drivers, enablers and managers of investment on the continent: RisCura (Report)

Bright Africa 2015 - The drivers, enablers and managers of investment on the continent: RisCura (Report)

Africa’s investors have become markedly more sophisticated in recent years. They understand that the continent is one of the world’s fastest-growing regions and that populations are young and urbanizing.

Investing in Africa - Nigeria vs East Africa

Investing in Africa - Nigeria vs East Africa: Malimu Museru, Senior Analyst, RisCura

Nigeria and Kenya frequently feature as the top investment destinations in Africa, with Nigeria being the clear front runner. Investors, however, are starting to view East Africa as a combined investment region that could rival the West African giant, using Kenya as a sturdy stepping stone to the wider East African region.

Bright Africa 2014 - A guide to equity investing on the continent - RisCura

Bright Africa 2014 - A guide to equity investing on the continent: RisCura (Report)

Research done on investor attitudes shows that African markets are expected to be a significantly greater recipient of global capital than they have been in the past, and that African fund managers, both listed and private, will have to comply with the expected global standards in order to benefit from this shift.

Private equity

Private equity is an investment opportunity for growing African pension funds: Craig Metherell, Analyst, RisCura

African pension funds with growing asset bases, due to rising incomes, will need to look beyond traditional asset classes to diversify their portfolios. Given private equity’s long-term nature – the typical life cycle of a fund is 8-10 years – the asset class is an obvious choice.

Private equity returns

South African private equity ten-year returns at 18.5%: SAVCA/RisCura

SAVCA and RisCura have released their joint Private Equity Performance Report, noting that the returns come in marginally below the JSE’s All-Share Index.

Grant Cullens, CEO, African Alliance Asset Management

South African funds don't invest in their backyard

It is not just European and U.S. pension funds that are slow to invest in the opportunities available on the Africa continent: South Africa-based funds also need encouragement.