Kenya has in the last seven years dominated the equity industry in East Africa taking up 63 per cent share of the market.
According to the Private Equity Industry Survey for East Africa for between 2007 and 2014 by audit firm KPMG, Kenya leads countries in the region in attracting private equity seekers mostly from Europe and North America, the major sources of such capital globally.
Five sectors attracted the largest interest in the region. These are agriculture 27 per cent, financial services 14 per cent, fast-moving consumer goods 11 per cent, ICT 10 per cent and healthcare, nine per cent.
Investors in agriculture were in the upstream of the value chain mainly in processing of milk and horticulture. Read more. Source | Daily Nation