TY - JOUR T1 - Selling Africa to the World JF - The Journal of Private Equity SP - 27 LP - 53 DO - 10.3905/jpe.2000.319968 VL - 3 IS - 3 AU - Dawn Sylvester AU - Fuad Egeli Y1 - 2000/08/31 UR - https://pm-research.com/content/3/3/27.abstract N2 - Africa is one of the largest geographic frontiers for private equity investors: a virgin emerging market. With 613 million people and an average growth rate nearing 4%, it is a continent of colossal economic potential - but also overwhelming risk. Private equity investors see opportunity in the face of such uncertainty in Africa, just as they sought opportunity in the once-uncertain markets of Asia or that “cottage” industry later to become the Internet. Many investors welcome the challenges Africa has to offer, and the returns are there for the taking. ER -