Investors looking to pump capital into businesses in the East African region are concerned about the quality of assets and their valuation, a new survey shows, pointing out the possibility of overpaying for low-quality investments.
The quarterly survey of partners and directors of the active private equity and development finance institutions (DFIs) in East Africa done by advisory firm I&M Burbidge shows that the investors are, however, more upbeat about the governance of local companies.
