Africa is top investment destination for private equity
Global institutional investors (“Limited Partners”/LP) have selected Sub-Saharan Africa (SSA) as the most attractive investment region for private equity, according to research from the Emerging Markets Private Equity Association (EMPEA).
Caravan Capital plans $90m into African equities
Caravan Capital Management, an investment fund based in the USA, aims to invest up to $90 million in African equity frontier markets. The fund has invested in 36 countries considered as frontier markets.