Private equity firms face EU curbs

It has set up funds such as the Rural Impulse Fund for financing rural based investments, the Regional Micro, Small and Medium Enterprises Investment Fund to provide longterm credit to microfinance institutions, and the European Union-Africa Infrastructure Trust Fund for infrastructural projects.

The growing interest in Sub-Saharan Africa is being driven by huge investment requirements especially in commodities and the ongoing economic revival on the back of growing consumer demand.

“We continue to see long-term investment opportunities across Africa particularly in sub-Saharan African countries where businesses suffer acutely from limited access to capital”, said Richard Laing, the CDC chief Executive officer.

The drive to raise funds is being propelled by rising demand for natural resources .