African Private Equity Deals Hit Seven-Year High

Source: Financial Times | Author(s): Madison Marriage

The value of private equity deals in Africa reached their second-highest level on record in 2014 as population growth and an increasingly stable political climate helped drive international interest in the continent. The total value of deals in Africa last year was $8.1bn, just short of the $8.3bn high recorded in 2007, according to figures from the African Private Equity and Venture Capital Association…