Why Africa
Why Africa?
The world's last great frontier market offers unparalleled growth, outsized returns, and asymmetric opportunity
"There's nowhere else we get the kind of returns on investments as what we make in Africa."
Africa By The Numbers
11/20
Fastest-Growing Economies
Eleven of the world's 20 fastest-growing economies in 2024 were African nations
1.4 Billion
Young Population
Seventy-Five percent (75%) of Africans are under age 35 -- Population doubling to 2.8B by 2050
1.1 Billion
Emerging Middle Class
Projected by 2060, with consumer spending growing 8% annually
30%
World’s Mineral Reserves
Including 70% of platinum, 60% of cobalt, critical for EVs and clean energy
60%
Uncultivated Arable Land
Plus 40% of global solar energy potential
500 Million +
Mobile Money Accounts
Leading digital finance adoption globally
8%
Annual Consumer Spending Growth Rate
Outpacing global averages by a factor of three
1.7% Loss Rates
On Investments and Infrastructure
Compared to loss rates of around 13% in Latin America and 10% in Eastern Europe over the last 14 years
2X Urban Population
Doubling In Next 25 Years
Rapid urbanization is driving massive infrastructure and housing demand
Why Now?
Exceptional Returns
- African PE funds consistently outperform emerging market peers on Distributed to Paid-In Capital benchmarks
- Early-stage opportunities with outsized upside potential
- Growth rates 3x global averages in key sectors
Portfolio Diversification
- Uncorrelated returns from developed and traditional emerging markets
- Idiosyncratic drivers: commodity cycles, regional trade, domestic demand
- Asymmetric risk/reward profile for early movers
Ready to scale together?
We pride ourselves on moving fast for high-quality opportunities.