Africa’s private equity exit crisis has produced a secondary market response — but it is nascent, dominated by DFI-to-DFI transactions, and missing the GP-led continuation vehicles that have become standard everywhere else. The infrastructure is being built from scratch.
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Africa PE Exit Crisis 2026: $10B in Private Equity, Nowhere to Go
Africa’s 2016–2019 PE vintage holds an estimated $10B in unrealised value. The exit routes cannot absorb the backlog. BETAR maps the crisis and what resolves it.