Private Equity (PE) firms are shunning the Nairobi Securities Exchange (NSE) as an option for exiting their investments in Kenya and the region due to liquidity concerns and a burdensome listing process, a survey shows.
The 2024 Deloitte Africa Private Equity Confidence Survey shows that 56 percent of PE firms preferred secondary sales to their peers while 32 percent favoured to sell to strategic investors or exit partially.
