Real estate is among sectors attracting private equity funds in the region. Kenya accounted for over half (55 per cent) of PE deals in East Africa between 2011 and 2017 (January-June), followed by Uganda (19 per cent) and Tanzania (11 per cent). PHOTO FILE | NATION
East Africa remains an attractive investment destination for multinational corporations looking to pump millions of dollars into Africa, despite its rising currency and political risks that have sent shivers down the spines of foreign investors.
The African Private Equity and Venture Capital Association (AVCA) said though West and South Africa continued to attract the greatest share of private equity deals from 2011 to the first half of 2017, PE activity in East Africa has been quite robust in recent years.
