AN­NUAL TURNOVER

The East African - - MARKETS -

Pri­vate eq­uity in East Africa pro­vides growth cap­i­tal for the rapidly ex­pand­ing SME econ­omy, in­vest­ing in busi­nesses with an an­nual turnover of less than $30 mil­lion and em­ploy­ing fewer than 150 em­ploy­ees. Ac­cord­ing to San­lam In­vest­ments, PE ac­tiv­ity in the re­gion in­creased in 2018 after a tough 2017, with the dis­closed value for deals recorded al­most dou­bling to $834.3 mil­lion, com­pared with $446.78 mil­lion in 2017.

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