What you should know about the private equity landscape in Nigeria

Nigeria has recently witnessed an increase in private equity (PE) investments. Based on the report made by the African Private Equity and Venture Capital Association (AVCA), PE investments in Nigeria constituted 68% (sixty-eight percent) of PE deal value and 55% (fifty-five percent) of deal volume in West Africa between 2014 and 2019. As a result, the country is rated as Africa’s most attractive destination for PE investments.

Investment activities have resumed across several sectors despite the Covid-19 pandemic and Nigerian start-ups have secured significant PE investments. New rules are being enacted with aggressive enforcement of the old laws, thus, making it vital to stay abreast of the various legal requirements across several stages of PE investing in Nigeria.