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Currency dislocation stalling African private equity deals

Even though private equity investors focused on opportunities in sub-Saharan Africa have plenty of cash, low commodity prices and volatile currencies are forcing many to keep their powder dry. Bloomberg’s data found that the number of private equity deals in the region for the second quarter has dropped to 29, totaling $760 million, a far cry from the 37 deals valued at $6.1 billion reported in the second quarter of 2015.

Read more at Bloomberg…

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