Tag Archives | private sector
The term ‘private equity’ refers to shareholder capital invested in private companies, as distinguished from […]
The Kenyan banking sector currently consists of 43 commercial banks, one mortgage finance company, nine […]
Let’s talk about Relationship with Africa Chinese investments in Africa has been contentious right from […]
A January 2015 special edition of KPMG’s FORESIGHT publication discussed ‘10 Emerging Trends for 2015: […]
The banking sectors of a number of sub-Saharan Africa (SSA) countries have exhibited significant growth […]
By Seyi Bickersteth, Chairman, KPMG Africa and National Senior Partner of the Nigerian Practice The reality […]
In 2009, China surpassed the United States as Africa’s largest trading partner; with an investment […]
Joint move on Adcock underlines shift at PIC THE Public Investment Corporation (PIC) and Bidvest […]
Nigerian banking continues to face significant headwinds – in relation to both revenue and costs. […]
Deal sourcing in Africa is driven largely by deep understanding of local markets, strong local relationships and networks. If used well, it will not only ensure exclusivity during the acquisition process but can guarantee reasonable entry valuation and lay solid foundation for a smooth relationship with the portfolio companies throughout the investment life cycle. Deals that are done through auctions tend to be competitively priced and in the process, create unnecessary distraction for management.
The attraction of PE to Africa is driven largely by many factors such as: the huge market size – Africa is home to over 1 billion people; relatively young population – about 60% are below 40 years of age; favorable demographics – rising middle class, increasing urbanization, increasing disposable income etc; improved democratic rule and governance, increasing public sector reforms, reducing incidences of civil unrests and wars etc and the mobile technology revolution in Africa driving increased efficiencies, productivity and reducing cost of doing business.
Resource-based industries are not entirely about resources. They are, in large part, about people, and how effectively people from all sectors work together. In this article I will outline why collaboration is vital to growing our African resource industries. Firstly, we must face the fact that African countries are now competing for a smaller pool of global investment capital, amid investors’ suspicions that Africa has not delivered. The “hidden costs” of doing business in Africa – costs related to weak infrastructure, corruption and political instability – have taken their toll on returns to shareholders.
#LWOL: A discussion with Yunus Suleman on the impact of Africa’s Education system on our society and corporate environment
With International Literacy Day just around the corner, we invited Yunus Suleman to host yesterday’s ‘Lunch with Our Leaders’ discussion on our LinkedIn forum. The topic was ‘Africa’s Education System: the impact on our society and corporate environment.’
The pay structure within a family-run business can be very different to that of other private or investor-owned companies.
The 2014 Economic Report on Africa, released by the United Nations Economic Commission for Africa (UNECA) and the African Union (AU) highlighted the fact that Africa needs to radically change its policy towards industrialization.
Last month saw the launch of the Mkoba Private Equity Fund in Dar es Salaam, Tanzania. The fund, with its target size of $300 million, seeks to support SMEs in various African nations, believing this to be an under-resourced sector that is crucial to the continued growth of African economies.
In spite of the high inequalities existing between countries in Africa, inclusive growth was still possible with cooperation and integration of trade, the Chief Economist, African Development Bank, AfDB, Mthuli Ncube, has said. Mr. Ncube, who was speaking during one of the private meetings marking the opening of the 24the World Economic Forum
Rwanda’s economy is expected to perform better this year compared to 2013. According to government, IMF and World Bank projections, the local economy is going to grow by between 7.2% and 7.5%. However, are projections feasible considering that last year the economy grew lower than expected?
Family businesses present a range of benefits in terms of the potential for a close-knit team, and readily available, if sometimes limited, financial support. While family businesses tend to imply a smaller business, family-run companies can turn into significant economic powerhouses, and launch dynasties.
The 24th World Economic Forum (WEF) on Africa is to be held in Abuja, Nigeria, on 7 – 9 May 2014. Nigeria, sub-Saharan Africa’s second-largest economy and the continent’s most populous nation, with over 160 million inhabitants, is a fitting host for this year’s conference.