Following last year’s inaugural Sustainability Study quantifying job creation, the response to the 2017 study has been very
positive. As private equity activity in Africa increases, we are seeing growing interest in the industry’s contribution to development in Africa. The level of participation and results in this year’s follow up study is a sure sign of both the gathering force of private sector activity on the continent and AVCA’s capability to champion the private equity industry.
AVCA’s Sustainability Committee, working with AVCA, has continued to focus on ESG best practices and impact. We are now seeing over two thirds of African companies factor ESG into their investment process, and the integration of such factors into due diligence, discussion
and doing business in Africa serves only to make the continent stand out from other regions.