Photographer: Waldo Swiegers/Bloomberg

Carlyle Sees Currency ‘Dislocation’ Stalling African Buyouts

Updated on
  • Private-equity transactions drop as firms sit on cash pile
  • Commodity price plunge has sellers clinging on for rebound

Volatile currencies and weaker commodity prices are keeping private equity investors focused on sub-Saharan Africa on the sidelines even though buyout firms have record amounts of cash to spend on acquisitions.

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