In the last decade, Africa has experienced an unprecedented influx of private equity investments. The Emerging Markets Private Equity Association (EMPEA) estimates that private equity investments in Africa rose from US$151 million in 2002 to US$3 billion in 2011.
Nearly two thirds of private equity firms are eyeing investments in emerging markets in order to tap into the growing demand for goods and services.
The third quarter survey by the EMPEA released last week indicates that
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