Private Equity Heating Up

July 2008 | Ratings Update

Private equity is burgeoning in Kenya as funds have seized on the opportunities offered by small and medium sized enterprises (SMEs) that are considered too large to be classified micro-enterprises, and too small to attract financing from the commercial banks. Participants include GroFin (launched in mid-05 with a capital base of close to KES5bn), Business Partners International Limited (BPI), Acumen Fund and African Agricultural Capital.

If you would like to subscribe to East and Central Africa Monitor and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to East and Central Africa Monitor please click on the trial link below.