Data & Intelligence

Nigeria: Deal Structuring Considerations under the Federal Competition and Consumer Protection Act 2019

Industry analysts had predicted that factors such as macroeconomic recovery in oil production and prices and relative political stability following the April elections would result in concomitant boosts in GDP growth, business confidence, and M&A and IPO deal-making (including cross-border private equity (PE) transactions) in Nigeria in 2019. Available deal data for the Nigerian PE sector in the last 18 months appears to lend credence to such predictions, with notable transactions announced including LeapFrog’s investment in ARM Pensions, The Carlyle Group’s investment in, continuing investment following the merger of Access Bank plc and Diamond Bank plc, Vectis and AGL’s investment in Leventis, AFIG’s investment in NEM Insurance plc, the CDC Group plc’s investment in CCAGF, and Verod’s investment in DayStar Power Limited, among others.

EMPEA represents the leading global investors in EM. I look forward to working alongside to drive much-needed capital for financing entrepreneurs and businesses worldwide.

Renuka Ramnath | Founder, Managing Director & Chief Executive Officer, Multiples Alternate Asset Management Private Limited

EMPEA plays an important and energetic role across the markets it represents, driving outreach and research initiatives, and promoting the role of private capital.

Brian Lim | Partner and Head of Asia and Emerging Markets, Pantheon Ventures

The developed markets have no equivalent to the role EMPEA is playing as a convener and source of trusted information in the emerging markets.

David Rubenstein | Co-Founder and Co-Executive Chairman, The Carlyle Group

I’m honored to join fellow industry pioneers in the leadership of an unparalleled network, filled with first movers, shaping the future of industries and communities.

Dr. Andrew Kuper | Founder and CEO, LeapFrog Investments

EMPEA's market and industry intelligence opens doors to new sources of capital.  I look forward to the future success of EMPEA and its members.

Torbjorn Caesar | Senior Partner, Actis

While there are certainly challenges for the industry, the opportunities abound in our target markets and globally, making a global association like EMPEA more relevant than ever.

Drew Guff | Managing Director & Founding Partner, Siguler Guff & Company