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Africa’s consumer demand to drive next wave of private equity investments

Image Credit: Wall Street Journal

According to Dapo Okubadejo, KPMG’s Africa Head for Deal Advisory and Private Equity, there’s a “…growing consensus that investors are keener to do business in sectors that have little to no direct involvement with government or through structures that limit government control and undue influence”.  As such, many are realizing that the best way to take advantage of the growth in Africa is to invest in sectors that benefit from the growth provided by the young, urbanizing and emerging middle class population across the continent.

 

Read more at KPMG…

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