Business rescue has a big role to play in encouraging new investment into Africa
02 October 2015
Private equity firms have raised over $25 billion for investment into Africa, but only half has actually been committed. Jim Deiotte, EY Africa Tax Leader, believes that this gap can be attributed to the fact that while investors can see the upside potential in Africa, they cannot quantify the downside. He asked a panel of restructuring specialists at a plenary session of the annual EY Africa Tax Conference in Sandton, how we could change this way of thinking to unlock the investment that Africa needs to unlock its potential.