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Private Equity investors beat a path to Nigeria

Nigeria continues to attract private equity investors, eager for the chance to tap into the opportunities presented by targets serving a young, quickly-growing population. According to data from the African Private Equity and Venture Capital Association, by September this year, the country had accounted for some 22% of all private equity deal activity on the continent, up from an average of 15% over the prior four years. Among the country’s private equity fans, the promise of low valuations and hidden gems make up for the fall in the country’s GDP following the oil price slump.

Read more at Financial Times…

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