African PE: co-investments are on the rise
Growing numbers of limited partners (LPs) consider co-investments an important part of their overall private equity portfolios, Africa Global Funds has learned.
Growing numbers of limited partners (LPs) consider co-investments an important part of their overall private equity portfolios, Africa Global Funds has learned.
The implementation of new investment regulations in Namibia is set to provide a significant boost to private equity in the country, according to Erika van der Merwe, CEO of the Southern African Venture Capital and Private Equity Association (SAVCA).
South Africa has continued to dominate private equity (PE) activity in the Southern African region, accounting for 76% of deal volume and 92% of deal value from 2007-2014, according to the African Private Equity and Venture Capital Association (AVCA).
GuarantCo has opened a new office in Nairobi, Kenya, as it is looking to expand its business in financing infrastructure development in East and Southern Africa.
South Africa is viewed as the most attractive onshore private equity fund domicile in Sub-Saharan Africa, whereas Mauritius is leading as the most popular offshore jurisdiction, according to the EMPEA 2015 African Fund Domicile Survey.
South African private equity returns continue to edge higher, maintaining outperformance relative to the listed equity market, the latest RisCura-SAVCA South African Private Equity Performance Report has revealed.
Africa is open for business and there are a number of opportunities in the energy space, Rentia van Tonder, Head: Renewable Energy, Power and Infrastructure at Standard Bank South Africa, has said.
Business Partners Limited (BUSINESS/PARTNERS) has launched its R300m Green Fund, which is focused on financing and supporting sustainable businesses and projects in South Africa.
The South African venture capital (VC) industry continues to expand with almost R2bn in assets under management, according to the latest SAVCA 2015 VC Survey.
Cairo real estate market has maintained a steady performance and improved sentiment in the Q3 2015 due to positive macro environment in Egypt, according to Ayman Sami, Head of Egypt Office at JLL MENA.
South African-based infrastructure investor Harith has partnered with Greenstone Equity Partners, one of the largest independent fund placement firms in the Middle East, to raise capital from GCC investors for its latest Pan African Infrastructure Development Fund II (PAIDF II).
While volume remains relatively low in Africa with almost 11% of the microfinance portfolio of all microfinance investment vehicles (MIVs), investment in Africa has grown by 211% over the past five years, according to the latest survey by Symbiotics.
Over the past year there has been a greater number of pension funds looking at Africa, according to Runa Alam, CEO and Co-Founder of Development Partners International (DPI), a $1.1bn Africa private equity specialist.
Helios Investment Partners has repaid in full a $50m loan to the Overseas Private Investment Corporation (OPIC), the US government’s development finance institution.