Private Equity Activity Grows
From a dozen or so active general partners (GPs) in the region in 1990, there are currently at least 140 GPs active in Africa. Between 2010 and 2016, GPs invested around US$25.6bn across sectors that ranged from consumer goods to... Read More →
Kenyan contractor in Sh5.1bn fight with US private equity fund
A Kenyan entrepreneur, who founded troubled construction firm Spencon, has sued a US private equity fund for $50 million (Sh5.1 billion) he claims to have lost when the fund fraudulently acquired a 60.68 per cent stake in the company. Jitendra... Read More →