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Southern Africa private equity investors have R30bn cash pile after virus dip

Private-equity investors in southern Africa are closing deals again after a virus-induced lull, tapping a cash pile that stood at more than R30 billion rand in June, according to an industry association. Businesses in the education, health care and retail sectors operating online are among the top picks for investors seeking to take advantage of market gaps amplified by the Covid-19 pandemic, Tanya van Lill, chief executive officer of the Southern African Venture Capital and Private Equity Asso...
Firstrand Ltd Rand Merchant Bank Equity Association Southern African Venture Capital Private Equity Association East Africa
Source: news24.com

Private equity investors are back in the African market with money to spare

Private equity investors are back in the African market with money to spare By Roxanne Henderson (Bloomberg) – Private-equity investors in southern Africa are closing deals again after a virus-induced lull, tapping a cash pile that stood at more than R30bn ($2bn) in June, according to an industry association. Businesses in the education, health care and retail sectors operating online are among the top picks for investors seeking to take advantage of market gaps amplified by the Covid-19 pand...
South Africa Roxanne Henderson Equity Association Firstrand Rand Merchant Bank Southern African Venture Capital Private Equity Association

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