Despite a drop in the number of private equity deals in Africa in 2012, the value of the deals increased.
The rise in value is attributed to the industry’s appetite for quality over quantity.
Data by Private Equity Africa, a funds deals monitor and Preqin, a research company focusing on funds indicates that the value of deals reported in 2012 was US$3.5 billion, an 11 percent increase from US$3.1 billion reported in 2011.
The number of private equity deals completed in 2012 was
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