This U.S Firm Will Invest $100m in Nigeria, Others Within One Year

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• U.S. private equity firm KKR & Co LP is considering investing around $100 million in Africa within a year, a senior executive said on Tuesday.
• KKR is looking at the agriculture and food business, the energy industry and infrastructure projects, Dominique Lafont, a senior advisor at KKR, told Reuters during a visit with a French business delegation to Nigeria.

“We want to use Nigeria as regional base and springboard for West Africa,” he said. “We are not limited to one sector.”

• KKR had appointed Lafont in July to help expand its Africa business.