What quality African businesses are looking for in an investor - Business Daily

High-quality African businesses now have multiple financing options available simultaneously, unlike in the past when receiving a term sheet often meant a deal was nearly done. Well-performing companies with credible management, audited financials, strong cash flows, and clear growth strategies are approached by various banks, private equity funds, private credit providers, DFIs, family offices, and commercial banks. Negotiations on deal terms have become more detailed, with questions about the total cost of capital, security requirements, covenants, control, and the added value investors can bring beyond capital itself.