50% of LPs plan to increase their allocation to PE in Africa over the next three years

50%of LPs view Africa as more attractive for PE investment than other emerging and frontier markets

76% of LPs view Consumer Goods as the most attractive sector for investment over the next two years

70% of LPs identify West Africa as the most attractive region for PE investment over the next two years

73% of LPs cite a GP’s track record of investment as the most significant factor in evaluating African PE firms

86% of LPs prefer African GPs to have offices on the continent

70% of LPs look to co-invest alongside African GPs

58% of LPs cite a lack of established African GPs as a potential barrier to LP investment

51% of LPs say that the performance of their African PE portfolio matched or exceeded their expectations

52% of LPs expect African PE returns to exceed returns in other emerging markets

52% of LPs predict Africa PE returns over the next five years will exceed 2.5x