EY

Private Equity Steps Up in Africa — Part I

mic Listen to the podcast:

GDP growth in Sub-Saharan Africa last year hit 4.4%, with a third of the countries in the region growing at a robust 6% annual rate. Many analysts believe this helps sets the stage for long-term growth, underpinned by a growing middle class and rising foreign investment. That, in turn, is helping to grow the services sector while reducing dependence on natural resources. Accompanying this growth is a pickup in private equity activity (PE), which offers more promise for economic development. To learn more about that, Knowledge@Wharton spoke with three PE experts in this first part of a two-part podcast:

Michelle Kathryn Essomé, chief executive of the African Venture Capital Association (AVCA);

Michael Rogers, global deputy sector leader for private equity at EY; and

Stephen M. Sammut, senior fellow and lecturer at Wharton.

View Private Equity Steps Up in Africa – Part II

Citing Knowledge@Wharton

Close


For Personal use:

Please use the following citations to quote for personal use:

MLA

"Private Equity Steps Up in Africa — Part I." Knowledge@Wharton. The Wharton School, University of Pennsylvania, [14 July, 2013]. Web. [25 October, 2014] <http://knowledge.wharton.upenn.edu/article/ey-private-equity-steps-up-in-africa-part-i/>

APA

Private Equity Steps Up in Africa — Part I. Knowledge@Wharton (2013, July 14). Retrieved from http://knowledge.wharton.upenn.edu/article/ey-private-equity-steps-up-in-africa-part-i/

Chicago

"Private Equity Steps Up in Africa — Part I" Knowledge@Wharton, [July 14, 2013].
Accessed [October 25, 2014]. [http://knowledge.wharton.upenn.edu/article/ey-private-equity-steps-up-in-africa-part-i/]


For Educational/Business use:

Please contact us for repurposing articles, podcasts, or videos using our content licensing contact form.

 

Join The Discussion

No Comments So Far