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Description
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The current muted growth environment in Africa presents a unique opportunity for private equity (PE) managers to demonstrate their expertise and generate value-add without the momentum of a commodity upswing, or a booming Chinese, investment-driven growth trend. Tough economic times call for cost cutting and in the investment sector, bigger cuts are usually required. Africa’s PE managers are proving how resourceful they truly are by doing just that and, in some instances, generating growth above market rate.