A review of factors affecting the attractiveness of Angola to private equity (PE) investments

South African Journal of Economic and Management Sciences

 
 
Field Value
 
Title A review of factors affecting the attractiveness of Angola to private equity (PE) investments
 
Creator Jover, Estefania Mlambo, Chipo
 
Description Angolas attractiveness to PE investors and the potential to increase PE investments in the country are explored. Primary data were collected using a survey of 18 PE funds that invest or have considered investing in Angola, followed by 10 expert interviews to gain deeper insight into the countrys institutional and economic environment, and its potential for PE investments. It is found that most PE funds are attracted to Angola by its rapid economic growth and high potential returns. The country is also vastly undersupplied, and many key economic sectors are fast developing, presenting exciting opportunities for investors. Nevertheless, PE in Angola remains limited, mainly owing to the difficulty of doing business in Angola, and owing particularly to the unfavourable regulatory environment. There is no regulation or process when it comes to the registration of PE funds in Angola, and any new regulation that applies to foreign investments is marred by unnecessary red tape, making it difficult for the investment to enter the market. Only two funds are authorised to operate in Angola: Fundo de Investimento Privado de Angola (FIPA), and BESA Activ. Streamlining regulation is critical to increasing PE flows to Angola in order to advance the countrys economic and social objectives.
 
Publisher AOSIS Publishing
 
Contributor National Research Foundation
Date 2014-11-28
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion —
Format application/pdf
Identifier 10.4102/sajems.v17i5.781
 
Source South African Journal of Economic and Management Sciences; Vol 17, No 5 (2014); 609-623 2222-3436 1015-8812
 
Language eng
 
Relation
The following web links (URLs) may trigger a file download or direct you to an alternative webpage to gain access to a publication file format of the published article:

https://sajems.org/index.php/sajems/article/view/781/467
 
Rights Copyright (c) 2014 Estefania Jover, Chipo Mlambo https://creativecommons.org/licenses/by/4.0
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