Private equity investment in Africa totals $ 3 billion – 2011
The bulk of equity funds attracted to Africa are “specialized funds’, focusing on natural resources, infrastructure and the renewable energy sectors. But the emphasis is changing, according to Dr Ncube.
“However, funds targeting other sectors, principally those driven by the growing appetite of Africans for quality consumer products and services, are poised to be the main drivers of private equity to the region in the coming years,” he maintains.
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