Local and Africa News on Private Equity
South African investment house Pamodzi Investment Holdings (Pamodzi) on Friday launched a South African-led private equity fund with $1,3-billion available for investment, making it the largest on the continent.
All the funds come from leading US institutional and private investors.
“International support for the fund, to be known as the Pamodzi Resources Fund I (PRF), is an [...]
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SA Private Equity gains confidenceSouth African private equity firms are increasingly looking at the rest of the continent, spurred by the success of local telecoms and retail companies in Africa’s frontier markets, according to KPMG.
Africa’s biggest economy accounted for more than 70 percent of the sub-Saharan region’s $2.9 billion of private equity deals in 2008, but this share is [...]
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