Fund Registration in Nigeria: Navigating Regulatory Challenges and Sectoral Restrictions
The Private Equity (PE) and Venture Capital (VC) space have seen significant strides in Nigeria in recent years. The past decade has seen a surge in these investments, resulting in over 450 reported deals in 2023 and a total deal value surpassing $5.9 billion, as highlighted in the African Private Equity and Venture Capital Association’s (AVCA) 2023 Africa Private Equity Activity Report.