Kenya leads E Africa in private equity funding

Kenya last year attracted the highest amount of private equity funding for infrastructure in East Africa, with the country getting more than half the number of the deals, a survey carried out by consultancy Deloitte shows.

The results of the survey which was done in November last year with the help of Africa Assets—a Kenya-based research and consulting firm, covering private equity and venture capital—was based on responses from 33 companies that have received money and are implementing projects.