How we made it in Africa’s ‘Due Diligence’ series asks top players in Africa’s private equity industry about how they are mastering the art and science of profitable dealmaking and fundraising. This article is published in association with Africa Private Equity News, a one-stop source for industry-related information. Stay up to date by downloading the free Africa Private Equity News app: Android | iOS| Scan QR code from desktop***Pan-African mid-cap focused private equity firm AfricInvest recently announced the €194m final close of its Maghreb Private Equity Fund IV, which targets investments in North Africa. However, we’ve arrived at the conclusion that these investments need more of an operational approach than a private equity approach. It is an entrepreneurial journey that started up all the way in North Africa, in Morocco, with the acquisition of a mid-sized insurance company followed by its merger with a second mid-sized insurance company.

Source: The North Africa Journal January 11, 2019 12:11 UTC