Tag Archives: African private equity

Ghana Capital Partners is Awarded Best African Focused Private Equity Firm 2016

Ghana Capital Partners  is pleased to announce that it has been awarded Best African Focused Private Equity Firm 2016 at the Wealth and Finance International Awards.

GCP award

The awards celebrate top performing businesses, individuals and departments on today’s fund landscape. These Awards highlight the game changing methods and stunning results achieved across the industry. The final winners were chosen by a combination of votes gathered from industry partners and in-house research carried out by Wealth and Finance International.

 

KKR to invest $US200m in Ethiopian rose business

Kohlberg Kravis Roberts (KKR) is the latest large firm to recently announce a sizeable investment into an African enterprise, Afriflora, a rose business based in Ethiopia. The $US200m investment marks the private equity firms first ever deal on the continent.

The macro story behind Africa is certainly an appealing one; the current milieu is likely to see dramatic growth over the next decade. Moreover, it appears now to be uncommon to encounter a private equity LP that hasn’t contemplated a new Africa fund, there is definite scope for potential high growth on returns.

However, Swiss asset manager and academic, Cyril Demaria, argues that there is no indication that LPs can earn the sort of upside most of them anticipate from African markets. Demaria denotes how there are gross overestimations of returns; similarly Goldmans Sachs warns investors ought to be conscious of the possibility for underperformance in the market.

Ultimately, some may argue that those who invest in African enterprises need to reconsider the inherent risks of the markets and lower their return expectations. However, a focus on returns alone and their latent capacity for volatility and the unknown does not depict the GCP story. GCP and GCP Solar’s basic focus towards Africa and African investment identifies that investments are long-term opportunities, with the early move advantage as well as a socially responsible and ethical investment.

For more information about Afriflora please press here.

Sidney Yankson lectures Cambridge Africa Business Network on Private Equity Opportunities in Africa

Cambridge Africa Business Network

Cambridge Africa Business Network

Ghana Capital Partners (“GCP”) CEO, Sidney Yankson, recently delivered a presentation on the opportunities for investors in Africa, with a particular focus on private equity. Presenting at the Judge Business School on Trumpington Street in Cambridge, Mr. Yankson’s presentation was simultaneously broadcast live via an online webinar.

His presentation covered such topics as best sectors for growth, ethics of investing in Africa and how to deal with corruption.

This presentation was one of a series of expert presentations at the Judge Business School at the University of Cambridge.

The Webinar details can be found here and the recorded presentation together with questions and answers can be found by clicking here.

Mobius Weighs Private Equity as Way to Access African Growth

Mark Mobius, who oversees $53 billion in emerging markets, said he’s considering private equity investments as a way of tapping growth in Africa.

“We are looking at the private equity side of things in Africa,” Mobius, executive chairman of Templeton Emerging Markets Group, said in a phone interview from Moscow on June 28. Templeton has about $1 billion invested in Africa.

Templeton Africa Fund has its largest investments in Nigeria, South Africa and Egypt.

UBS AG, the biggest Swiss bank, said in May it will expand its wealth-management services in Africa as economic growth rates surpassing 5 percent boost demand for banking services.