Opinion

FATCA/CRS Part II: It’s getting more complex

Word count: 465

While fundraising activity in Africa dipped slightly last year (mirroring a trend common to most emerging markets), private equity continues to play an important role in the region, as investors look to diversify into some of the world’s most remote—but also most promising--economies. This is a trend that has played out steadily over the past several years, with the African Venture Capital Association (AVCA) reporting a robust 823 PE deals between 2010 and 2015, representing more than $21bn in value.