“Private Equity in Africa: Anchoring Funds in the Local Economy”
Ismael Wagane Diouf, CEO of Aciencia Capital Advisors, emphasizes the critical role of private equity and venture capital in Africa’s economic development. Highlighting the sector’s dynamic growth—investments reached USD 8.3 billion in 2023, with fundraising doubling in 2024—DIOUF points out persistent regional disparities, particularly the underrepresentation of Francophone Africa. Mr Diouf argues that private equity…