Sub-Saharan Africa
Please find below a sampling of some of the latest EMPEA statistics, programs and content covering information on Sub-Saharan Africa. For a more comprehensive listing, please search "Sub-Saharan Africa" and customizable criteria in Advanced Search. Scroll down for additional data and resources.
Event Recap: Private Equity in Southern Africa 2013
FT Live, SAVCA and EMPEA were delighted to return to Johannesburg this February for the second annual Private Equity in Southern Africa conference. This event kicked off with a keynote presentation by John Oliphant, Principal Officer and Head of Investments and Actuarial at the Government Employees Pension Fund (GEPF) who set the stage on the investment climate in southern Africa. The day continued with in-depth discussions and panel sessions covering a wide array of topics from investing in frontier economies to the impact of Southern Africa's burgeoning middle class on investment. To learn more about the event and to view event photos, visit the conference website »
Featured Case StudyImpact Case Study: Liberty Star Consumer Holdings (Libstar) Libstar was founded in 2005 by Metier and Andries van Rensburg. The company was conceived of as a platform to acquire controlling stakes in existing businesses with high growth potential in the fast-moving consumer goods (FMCG) manufacturing and distribution sector. Starting with its first acquisition in 2006, Libstar has helped more than 20 South African businesses achieve increased efficiency, better financing terms through Libstar’s credit rating and stronger client relationships. Source: EMPEA, November 2012 |
Legal & RegulatoryAfrica: Maximizing Investment Opportunities While Minimizing Risk African markets, boasting 10 of the top 20 fastest growing economies in the world and five of the world’s top 10 reformers in 2012 according to the World Bank’s Doing Business rankings, hold exceptional promise for private equity investors. However, the lack of transparency and underdeveloped legal systems and institutional infrastructure in many African markets make assessing potential investments difficult. Source: Legal & Regulatory Bulletin, Autumn 2012 |
|
Sub-Saharan Africa Fundraising and Investment
| Fundraising (US$m) | Investment (US$m) | |
|---|---|---|
|
2012 |
1,448 |
1,162 |
|
2011 |
1,332 |
1,059 |
|
2010 |
1,499 |
631 |
|
2009 |
964 |
2,889 |
|
2008 |
2,241 |
631 |
|
2007 |
2,034 |
NA |
Additional Resources
Inside Perspectives: An Interview with African Capital Alliance's Okechukwu Enelamah
Okechukwu (“Okey”) Enelamah, a Founder and Chief Executive Officer of African Capital Alliance (ACA) shares his insights on the opportunity set in Africa and offers his advice on how to convert growing LP interest in the region into capital commitments. ACA is a private equity firm investing in West Africa, principally in Nigeria and countries in the Gulf of Guinea. Source: EM PE Review, July 2012.
Regulation of Private Equity in West Africa - Emerging Trends
In contrast to India and Mexico, where there have been serious efforts to introduce regulations specific to private equity, in the Western African jurisdictions surveyed here by Udo Udoma & Belo-Osagie and Norton Rose Africa Legal, with the possible exception of Nigeria, the adequacy of existing frameworks varies widely and generally leaves room for improvement. Source: Legal & Regulatory Bulletin, Winter 2012
Impact: Case Study: Fleurhof
The Fleurhof Project, a residential real estate development in Johannesburg, South Africa began construction in 2009. Private equity fund manager International Housing Solutions (IHS) has provided the majority of the equity financing for the project, which plans to eventually house over 30,000 moderate to mid-income urban workers and promote community through the inclusion of schools, religious sites, business centers and community gardens. Source: EMPEA 2012
EMPEA Special Edition Insight: Sub-Saharan Africa
The buzz surrounding the African private equity opportunity has escalated during the global economic crisis, as the region's brand has continued to subtly improve. Despite increased interest, actual private equity dollars in play in Sub-Saharan Africa remain at modest levels. However, significant developments currently taking place at the margins hold great promise for the region over the course of the next few fund cycles. Source: EMPEA, 2010
Learn More
|