The greatest challenge for oil and gas firms in the current environment is access to financing. Private equity’s profile has been rising in Africa over the past five years. Now, with distressed assets in the oil and gas industry, weakened currencies in exporting markets and creative financing means sought for energy projects, PE firms are increasingly looking at African energy. Panelists from Africa Oil & Power 2017 in Cape Town take a look at private equity’s expanding role in Africa.
