Happy New Year! We hope everyone’s 2023 is off to a great start
In this month’s issue we asked industry experts about their views on African markets and their expectations for the next 12 months. Read our Outlook 2023 article on pp.14-16.

On the private equity front, Husayn Sassa, Associate Director, Fund and Investor Services, and Jean Claude Permal, Executive Director, Chief Operating Officer at AXIS tell Africa Global Funds about the firm’s objectives, trends in the African PE industry and more (pp.11-12).

In addition, Alan Keet of Apex Group, writes that despite global economic headwinds, Africa’s private and venture capital markets are continuing to recover from the COVID-19 pandemic, giving reasons for optimism in 2023. Read on p.17.

On the technology front, Temenos Multifond’s Marlene Miller-Baker shares her views on the in-house vs outsourcing debate and what a next generation of strategic roadmap looks like on p.10.

On the fundraising front, we learned that Ventures Platform closed its early-stage and intercontinental fund, at $46m, surpassing its initial $40m target (p.4).