Believing in entrepreneurship, means investing in entrepreneurship and thus in your businesses. Throughout the years we have applied best practices, adopted international benchmarks and invented them if they were not present.
7. Private equity in Africa – March 2009 Private equity in Africa - snapshots 1994: FMO’s first African private equity initiative in Tunesia 1996: FMO initiates first of several small SME funds in West-Africa 2000: African Venture Capital Association (AVCA) established 2003: still few private equity funds outside South-Africa 2007: fund raising for Sub-Saharan African PE funds tripled in 2 yrs, to $ 2.3 bln 2008: African funds raise record high volume of $ 3.2 bln, trend is pan-African 2009: African private equity exits and investments ongoing but slower pace 2010: fund managers expect investment opportunities at reasonable valuations
![Private equity in Africa – March 2009 FMO, the Dutch Development Bank Our vision is that a thriving private sector will lead to lasting economic and social development, which will empower people to employ their skills and improve their quality of life. ,[object Object],[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)