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Climbing aboard the Africa train.
- Source :
-
Economist . 9/26/2015, Vol. 416 Issue 8957, p68-69. 2p. - Publication Year :
- 2015
-
Abstract
- The article focuses on private equity investments in African businesses and infrastructure. It states due to high domestic currency borrowing rates in Africa, most buyouts are done with little debt with private equity improving business returns by improving efficiency and increasing revenue. It mentions private equity firms sometimes act like startup founders or venture capitalists with African companies and reports South African private equity firms delivered a return rate of 18.5 percent.
Details
- Language :
- English
- ISSN :
- 00130613
- Volume :
- 416
- Issue :
- 8957
- Database :
- Academic Search Index
- Journal :
- Economist
- Publication Type :
- Periodical
- Accession number :
- 109988235