Africa’s business leaders, entrepreneurs, and innovators are driven by a sense of purpose. Collectively, they are finding solutions to close the gaps in infrastructure, education, healthcare, internet/technology access, and energy access.
U.S. High Net Worth Individuals and Institutional Investors can participate in these efforts and opportunities, by investing in promising African entrepreneurs and by joining other global private market investors in Africa.
UNTAPPED POTENTIAL
WORTH BILLIONS
Over the last decade, Africa’s middle class has tripled to over 355 million people, which represents more than 30% of total population. All signs point to that number tripling again over the next decade, or perhaps even sooner.
As Africa’s population and middle class grow, most of the growth will occur in cities. Herein lies the untapped potential worth billions — cities growing, incomes rising, and demand for new business services in technology, infrastructure, financials, healthcare, consumer goods, and energy. Ever-increasing demand and rapidly growing markets will require new businesses, ventures, entrepreneurs, and above all, investment.
Boinu Capital gives investors vetted access to these thriving African markets and opportunities.
Key statistics
76% of Limited partners plan to increase or maintain their allocation to african private equity
According to a recent survey conducted by the African Private Equity and Venture Capital Association (AVCA), over half of LPs (53%) plan to increase their allocation to African PE over the next three years. The main reasons cited for increasing investment in Africa were performance and diversification.
65% of limited partners View africa as more attractive than developed markets for private equity
The AVCA survey also found that a majority of LPs see Africa as more attractive for PE investment than developed markets over the next ten years, underscoring the long-term viability of PE investment in Africa. Within the Emerging Markets and Frontier Markets space, nearly 50% of LPs believe Africa to be the most attractive region for investment over the next 10 years.
$6.67 trillion
Consumer spending in Africa is expected to nearly double over the next decade, with total spending figures reaching levels that rival most developed countries’ annual GDP. According to the Brookings Institution, African consumer and business spending is expected to reach $6.66 trillion by 2030, up from $4 trillion in 2015.
The rise of African consumer opens the possibility of exploring opportunities in the Consumer Goods, Agribusiness, Healthcare and Education sectors — which also happened to seen by LPs as top sectors for PE investment, according to the AVCA.