Like a dog with a bone, Private Equity (PE) Investors are determined to exhaust the earnings opportunities in Africa’s financial services sector.
This glowing love is catalysed by the continent’s positive demographic characteristics and positive exits witnessed by PE managers in 2015.
Industry analysts estimate exit multiples to have hit a nine-year high in the past year, with the financial services sector contributing 24% of the companies exited by PE firms in the last two years.
Innocent Unah
The management of Kano Electricity Distribution Company says its workers have suspended the ongoing industrial action following what it called…
The 2021 edition of the Access Bank Lagos City Marathon has been moved from February 13, 2021, to April 10,…
Nigeria, South Africa, Burkina Faso and Mozambique have been removed from the European Union’s list of “High-Risk Third Country Jurisdictions”…
Crypto markets have stayed active in January, with the total market cap sitting near $3.2 trillion and steady liquidity keeping…
An Abuja High Court has dismissed the criminal charges brought by the Federal Government against Natasha Akpoti-Uduaghan, who represents Kogi…
Spartans.com, a cryptocurrency gaming platform known for rejecting traditional bonus systems, has launched a global giveaway campaign featuring a one-of-a-kind…
Nigeria’s removal of fuel subsidies in late May 2023 and the shift toward a more market-reflective foreign exchange regime have…
… Says Nigeria’s higher oil output expected to offset lower international oil prices Monetary policy stances are likely to remain…
Africa’s financial architecture is undergoing a quiet but consequential reset. Governments are reasserting control over strategic assets, leaning more heavily…
British International Investment (BII), the UK’s impact investor and development finance institution, on Tuesday announced it will be an anchor…
Subscribe to our newsletters and recieve exclusive insights daily
