Region’s growing GDP attracts global private equity funds
$224m - The deal that Britam lost to new entrant Cytonn Investments Management Ltd. PHOTO | FILE | REUTERS
East Africa’s growing GDP, a stabilised political environment, the discovery of natural resources like oil and gas and intensified infrastructure development have placed the region in pole position for private equity investments.
Last year, Kenya benefited from 46 per cent of the total number of private equity deals in East Africa and 69 per cent of the total reported value, according to the Private Equity Confidence Survey by Deloitte & Touche.
