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Number of private equity exits in Africa on the rise

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(iStock)
(iStock)

Cape Town - Africa has continued its upward trend in the number of private equity (PE) exits.

This is according to the EY and African Private Equity and Venture Capital Association’s (AVCA’s) fifth annual survey on how private equity investors create value.

The survey found that PE houses exited a record 48 companies in 2016, up from 44 in 2015. Both 2016 and 2015 represent the highest number of PE exits in Africa over the last 10 years, with the lowest being 21 in 2009.

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