Frontier markets trump SA in attracting investment

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Private equity funding to sub-Saharan Africa has doubled since 2007 and could grow further, playing a greater role in Africa's growth story, but SA's share of this growth continues to dwindle dramatically, according to research.

In the early part of the last decade fund raising for sub-Saharan Africa was dominated by funds focused on investing in SA.

"An increasing percentage of capital is now being directed to the fast-growth funds targeted at the frontier markets of sub-Saharan Africa," according to Ernst & Young's latest Private Equity Roundup.

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