(Reuters) – Private equity firm Phatisa has closed its biggest fund, the African Agriculture Fund, which has secured commitments of $243 million, it said on Wednesday.
Private equity investors are increasingly targeting sub-Saharan Africa, drawn by some of the fastest economic growth rates in the world and expanding consumption.
But while private equity financing has been on an upward trend, it has not yet reached its 2008 peak, when fund managers raised $2.2
