KKR & Co, one of the largest private equity firms in the world,
plans to invest as much as $100 million in Africa within the next one
year, according to Reuters.
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| Henry Kravis, co-chairman, co-chief executive officer a |
During a visit with a French business delegation to Nigeria,
Dominique Lafont, a senior advisor at KKR, said the private equity firm
is looking at investing in the agriculture and energy industry as well
as in infrastructure projects.
“We want to use Nigeria as regional base and springboard for West
Africa,” he said, according to Reuters. “We are not limited to one
sector.”
KKR, which was founded in 1976 by Henry Kravis and George Roberts,
now billionaires, and Jerome Kolhberg. Jr. (who died in August), would
be following in the footsteps of firms like Carlyle Group and
Blackstone, which have began making investments in Africa.
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