Les fonds d'investissement: une source essentielle de capitaux à long terme pour les entreprises africaines

Luc Rigouzzo

Revue d'économie financière, 2014, vol. N° 116, issue 4, 213-228

Abstract: Considering the huge investment opportunities offered by these demographic, urban and economic changes, the African continent has become a key destination for private equity funds. This growing interest of investors shows that the image of the region is improving. With the development of fast growing private equity on a continent whose macroeconomic size is reduced, there are risks of ?overheating?. The private equity players have to adapt to the specificities of the African continent, characterized by small operations in contexts of family entrepreneurs who do not wish to sell the majority of their company. Overall, private equity funds bring several benefits to African economies : mobilize long term savings and invest it in good projects, provide capital needed in high-growth companies and reduce the gap between the industry in developed countries and the emerging countries. Classification JEL: F21, G11, G24, O16, O55.

JEL-codes: F21 G11 G24 O16 O55 (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.cairn.info/load_pdf.php?ID_ARTICLE=ECOFI_116_0213 (application/pdf)
http://www.cairn.info/revue-d-economie-financiere-2014-4-page-213.htm (text/html)
free

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cai:refaef:ecofi_116_0213

Access Statistics for this article

More articles in Revue d'économie financière from Association d'économie financière
Bibliographic data for series maintained by Jean-Baptiste de Vathaire ().