Private Equity in Africa: Navigating an Uncertain Market Landscape
African economies have presented robust opportunities for private equity investors on the basis of a rapidly emerging middle class and fast economic growth. However, they are now facing increasingly uncertain market conditions, including macroeconomic volatility, political uncertainty, and greater competition for attractive assets from both PE and increasingly active corporate investors. How are private equity investors responding to these challenges? Does the evolving market dynamics present new opportunities?
Private Equity Investments in Frontier Markets - Thinking Beyond Nigeria, Kenya, and South AfricA
Despite representing about a quarter of the population of sub-Saharan Africa, a small handful of countries like Nigeria, Kenya, South Africa, and Ghana command the large majority of PE investments. Which "frontier" markets are ripe for investment? Which markets that are not yet penetrated will be part of the next generation of private equity financing? Is the current model for private equity going to produce good returns?
The Future of Impact Investing in Africa: What Now?
As the impact investing space matures, questions have begun to arise around the seemingly low level of successful exits and limited reporting of their returns. Now that "it's too early to tell" is losing validity, where *really* is the sector in terms of financial viability and sustainability? Where does the sector go from here? Is a pivot needed, or is the proof just around the corner?
Investing in Medical Products (Pharmaceutical or Medical Devices) in Africa
African consumers have limited access to low-cost, high-quality pharmaceuticals, medical devices, and medical-related consumer goods relative to consumers in other regions of the world. According to global industry of private capital in emerging markets (EMPEA), healthcare is a major area of interest for PE funds, yet the number of healthcare investments relative to the size of the economy has been low. Furthermore, most PE healthcare investments have been targeting hospitals and medical services, not medical products. Is there opportunity in expanding manufacturing capacity for medical products? What are the regulatory or political barriers to entry?
Digital Health in Africa: How start-ups and local governments can collaborate to realize the promise and navigate the challenges
Billions of dollars in health care cost savings, more accessible health care services for people in hard-to-reach places, the ability to stamp out emerging epidemics before they reach crisis level and, universal health coverage. These are some of the promises of digital health. What has been accomplished so far? How can digital health start ups and local governments work together to realize these promises? What are the necessary policy, regulatory and infrastructure changes needed to further facilitate the implementation of a multinational, interoperable, digital health system?
Failing Up in Africa: Lessons learned on overcoming challenges from successful entrepreneurs
Entrepreneurialism with its promises of employability and economic prosperity is often looked at as the grand panacea of Africa. But entrepreneurship-led ventures are often led by bold risk embracing businessman. African business owners, like any other business owners, should learn to embrace failure. This panel ignites an honest and frank conversation about failing in Africa and the lessons learned along the road to success.