RisCura, a global investment firm, and Making Finance Work for Africa (MFW4A), an initiative to support the development of African financial sectors, have joined hands to hold a webinar exploring the key takeaways from RisCura’s ‘Bright Africa 2021: Private Equity Report’ on Thursday, 14 April 2022 at 13:00 hours GMT.
The panel will consist of Heleen Goussard, Head of Alternative Investment Services, RisCura; Dadié B. Tayoraud, COO, Injaro Investments Ltd; and Hakim Khelifa, Executive Partner, AfricInvest Fund – and will be moderated by Wambui Chege, Independent Chairperson, MFW4A Partnership.
Backdrop to the webinar
The global COVID-19 pandemic has had a serious impact on countries’ financial sectors and flows of capital. The rebound of most economies following the crisis will likely provide an additional boost and shift investor sentiment back towards emerging and frontier markets as investors’ risk tolerance increases.
Even during this difficult time, some positive structural and regulatory changes on the continent are nurturing the green shoots of economic recovery.
Africa is still an attractive investment destination, but requires enhanced economic reforms, good governance and a stable political landscape to continue attracting PE fundraising and entrepreneurs. Addressing these factors can play a pivotal role in the development of the continent.
“The most important of these has been the development of the African Continental Free Trade Area (AfCFTA), which could result in up to USD450 bn more income and significant wage increases. Other long-awaited positive developments include the unification of exchange rates in Sudan, fuel subsidy reform in Nigeria, and opening investment into the telecommunications sector to the private sector in Ethiopia,” says Heleen Goussard, Head of Alternative Investment Services, RisCura.
How to get event ready
With RisCura having studied the above landscape to inform the release its latest Bright Africa report with perspectives on and analysis of private equity (PE) markets in Africa, looking at fundraising, deal activity and pricing over the last 10 years – this report provides key insights into the very different regional markets in Africa for investors looking to invest into Africa.
During the webinar covering RisCura’s insightful report, the panelists will highlight the key findings from the research covering pricing, dry powder, investment activity and exits. Participants will be updated on the legal and regulatory framework around the PE market; and innovative products and solutions to overcome the different challenges of the market will also be presented.
To register for the webinar, please click here and provide your particulars.
To brief yourself on the key aspects of this research prior to the webinar, read the full report here.
Notes to Editors:
About RisCura
RisCura is a purpose-driven investment firm that offers investors unique insights, guidance, and investments, whilst still achieving financial goals and delivering exceptional performance for its clients. A global leader in emerging and frontier markets, RisCura is known for its investment expertise and offers services to asset owners, investment managers and service providers across the industry. Through constantly exploring new ways to invest with care and meet the needs of clients, RisCura has helped to bring about impactful investment opportunities in the markets we operate in.
RisCura has won numerous industry awards. The firm has a footprint in South Africa, the United Kingdom, China, Hong Kong, Botswana, Kenya, Mauritius, Namibia, Nigeria, Zambia, the US and Ireland.
For more information about its investment services and approach, visit the RisCura website: www.riscura.com
RisCura in Mauritius
Given the island’s importance within the African investment framework, the Mauritian office recently created a center of excellence focused on independent valuations and due diligence services for unlisted assets. RisCura independently values over 250 private companies annually across various sectors from fintech to renewable energy. Over the past decade, the team has won numerous awards, the most recent being the 2021 Africa Global Funds Africa (AGFA) awards in the category of research and data provider in private equity.
This proprietary data that RisCura utilises in the production of Bright Africa, is pivotal in assisting the team in expertly assessing the risk-return tradeoff for clients, constructing exit scenarios, and benchmarking to comparable unlisted companies in Africa.
Another differentiator in providing these services is leveraging the RisCura research and advisory teams, leaders in their respective markets, to provide critical, relevant insights into the RisCura valuation process. Independent valuations and due diligence are becoming essential to bridging information asymmetry between investors and fund managers or portfolio companies, particularly regarding fundraising, reporting, and compliance requirements.
About MFW4A:
The Making Finance Work for Africa Partnership (MFW4A) is an initiative to support the development of African financial sectors. It is a unique platform for African governments, the private sector, and development partners to coordinate financial sector development interventions across the continent, avoiding duplication and maximising developmental impact.
The MFW4A Secretariat was established as the executive arm of the Partnership and works to advance the goals of the Partnership. Operating as an independent entity, the Secretariat is hosted within the African Development Bank (AfDB) in Abidjan, Côte d’Ivoire.
For more information about the MFW4A Partnership, visit the website at https://www.mfw4a.org.
