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Browsing: Private equity in East Africa
- Kenya’s private equity deals size are expected to remain modest this year.
- However, despite the high optimism, deal sizes in East Africa are expected to remain modest.
- However, businesses are concerned that firms will be scouting for exits, too.
Kenya and its East Africa peers are confident that the fundraising environment for businesses will continue improving in the next 12 months even as the continent experiences mixed expectations.
New findings by Audit firm Deloitte show that while East and West Africans largely anticipate an improvement, opinions in North and Southern Africa are divided, with some expecting improvements, others predicting stagnation, and some foreseeing deterioration.
This outlook comes against the backdrop of persistent high interest rates, inflation, and geopolitical uncertainty, which led to a 9 per cent drop in finalized funds year-on-year in 2023.
The Deloitte Africa Private Equity Confidence Survey 2024, shows that in East Africa, optimism is on …
DOB Equity, a leading Dutch family-backed impact investor in East Africa, has invested in Jibu Tanzania the producer and distributor of clean drinking water to support the company’s rapid growth of a replicable franchise store concept in major cities in the country, starting from Arusha.
Jibu is a well-established regional producer and distributor of water through branded and refillable bottles in different sizes, substantially below the current price of bottled water. Jibu complements the Tanzanian government by providing new ways of providing access to quality drinking water to households. The need is evident as unsafe water may lead to health problems and water-borne diseases which seriously affects the wellbeing of, especially young children.
The technology that Jibu uses consists of a patented reverse-osmosis water filtration system, using municipal water. The filtration systems also include bottle sanitizing equipment. The onsite treatment and filling technology allow Jibu franchisees to sell water significantly …