Page 168 - UUBO PE Summit 2020 - Materials
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PRIVATE EQUITY IN AFRICA – NIGERIA IN FOCUS
Africa is fast rising as an investment destination for PE and VC funding with total value of African PE fundraising
increasing from US$2.4 billion in 2017 TO US$ 2.7 billion in 2018
Others
27% Consumer Staples
Information Technology
Consumer Discretionary
73% Financials
Real Estate
West Africa Nigeria 0% 5% 10% 15% 20% 25% 30%
Nigeria has increasingly attracted venture capital
The graph above shows sectors with VC/PE investments in
investments in recent years accounting for 73% of the the Nigerian economy
US$10.7 billion value of private equity funding in West
Africa between 2012 and 2017
01
