Latest News & Reports
Private Equity Principles
Historically, the private equity partnership structure has been effective in aligning the interests of investors...
International Private Equity and Venture Capital Valuation Guidlines
Private equity managers may be required to carry out periodic valuations of investments as part of the reporting proccess to investors in the funds they manage....
Sub-Saharan Africa Recovery and New Risks
Sub-Saharan Africa's recovery from the crisis-induced slowdown is well underway, with growth now back fairly close to the high levels of the mid-2000s...
Telecommunications
Not only does Africa have the fastest growing telecommunications market in the world, but it also boasts the highest profit margins. Mobile phone penetration rates have increased from below 5% in 1995 to around 20% in 2006, according to Credit Suisse. In addition, the informal sector for pre-paid cards is growing at an unprecedented rate and it is proving difficult to assess the true potential of this market.
Significant attractive deal flow in the telecommunications sector is expected to continue over the next few years through additional growth in mobile phone penetration. Additional opportunities lie in the consolidation of existing companies, further privatisation of incumbent public operators, the spread of new technologies such as wireless broadband, and increased investment in shared infrastructure such as fibre optic cables and cellular towers.