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Large investors pile into Africa

The wave of capital flowing into larger funds is threatening to drive up prices in the continent

Economic and government reforms over the past few years and increasing foreign investment have put Africa on the map for private equity investors.

Some of the continent's biggest players have raised huge sums to invest in the region, while global buyout firms such as Carlyle Group and Kohlberg Kravis Roberts have set up dedicated teams to source deals there.

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