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PE infrastructure deals and fundraising activities in Africa are increasing according to new AVCA data

Private capital has been vital in working alongside governments and other investors to help close the Africa’s infrastructure gap, according to the third edition of the African Private Equity and Venture Capital Association’s (AVCA) Sector Snapshot: Infrastructure.

The report states that 97 PE infrastructure deals worth USD12.1bn were reported between 2012 and 2017, with infrastructure being identified by African LPs as the most attractive sector for PE investment in Africa over the next three years.
The Snapshot confirms that infrastructure remains an attractive opportunity, as seen through the increase in the number of deals and fundraising activities in this space. The number of PE deals grew from 44 in 2012-2014 to 53 in 2015-2017, which represents an increase of 20 per cent. Over the same period, funds focused solely on infrastructure more than doubled their fundraising, outpacing the growth in fundraising for all PE funds by a significant amount.
Enitan Obasanjo-Adeleye, Director, Head of Research at AVCA will also be moderating the’ African infrastructure: can we fix it?’ panel at SuperReturn Emerging Markets in Amsterdam on Wednesday 27 June. Panellists include Ronald Mincy, CEO and Managing Partner at Lionworks Capital, Paul Frankish, Director at AIIM, Adrian Mucalov, Partner at Actis and Venessa Kangueehi, Benefits Processing Manager at GIPF.

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