- 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.
FYI: KKR is not a French company