THE BAOBAB TREE
As distinctly African symbols, Baobab trees aren’t just known for providing shade and nourishment but
they are also a central part of tradition, legend and folks lore. It is believed that Kings and elders would hold their meetings under the Baobab tree, with the belief that the tree’s spirits would guide them to successful
decision-making. The baobab is the listening tree and stand proud as a true symbol of life in Africa.
A growth engine - Trends and outcomes of private equity in Africa
In a recent report by the Economist Corporate Network (“ECN”), it is stated that Private-equity (PE) activity in Africa has increased significantly in the last 30 years. From a dozen or so active general partners (GPs) in the region in 1990, there are currently at least 140 GPs active in Africa. Between 2010 and 2016, GPs invested around US$25.6bn across sectors that ranged from consumer goods to water and sanitation.
To read the whole report, please click read more below.