{"id":10103,"date":"2012-04-20T04:21:22","date_gmt":"2012-04-20T02:21:22","guid":{"rendered":"http:\/\/www.myza.co.za\/04\/africa-to-be-next-boomtown-for-private-equity\/"},"modified":"2012-04-20T04:21:22","modified_gmt":"2012-04-20T02:21:22","slug":"africa-to-be-next-boomtown-for-private-equity","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/africa-to-be-next-boomtown-for-private-equity\/","title":{"rendered":"Africa to be next boomtown for private equity"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>(For more news from the Reuters Africa Investment Summit, click<br \/>\n<a href=\"http:\/\/www.reuters.com\/summit\/AfricaInvestment12\">here<\/a>)<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Private equity taps fast growth in illiquid markets<\/p>\n<p><span><\/span><\/p>\n<p>* Pension funds show interest<\/p>\n<p><span><\/span><\/p>\n<p>* Exit remains key challenge for funds<\/p>\n<p><span><\/span><\/p>\n<p>By Cosmas Butunyi and David Dolan<\/p>\n<p><span><\/span><\/p>\n<p>JOHANNESBURG, April 19 (Reuters) &#8211; Africa is the next big<br \/>\nthing, just ask Bob Geldof and other private equity bankers.<\/p>\n<p><span><\/span><\/p>\n<p>The Irish rocker made headlines in February when he<br \/>\nannounced the launch of his $200 million &#8220;8 Mile&#8221; fund, a sign<br \/>\nthe Live Aid organiser had turned from promoting debt<br \/>\nforgiveness to private enterprise.<\/p>\n<p><span><\/span><\/p>\n<p>Like the former Boomtown Rats frontman, more private equity<br \/>\ninvestors are flocking to the continent, drawn by the prospect<br \/>\nof outsize returns.<\/p>\n<p><span><\/span><\/p>\n<p>The signs of Africa&#8217;s stunning potential are obvious: 6<br \/>\npercent average GDP growth, fast-rising incomes and abundant<br \/>\nresources. So far, much growth has been beyond the reach of<br \/>\ninternational investors given the region&#8217;s small and largely<br \/>\nilliquid capital markets.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(For more news from the Reuters Africa Investment Summit, click here) * Private equity taps fast growth in illiquid markets * Pension funds show interest * Exit remains key challenge for funds By Cosmas Butunyi and David Dolan JOHANNESBURG, April 19 (Reuters) &#8211; Africa is the next big thing, just ask Bob Geldof and other [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-10103","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10103","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=10103"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/10103\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=10103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=10103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=10103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}