I'm keen on follwoing the PE space in Nigeria.
I understand activities in this space has been picking up- ARM recently launched a fund; CAPE recently bid for one of the "8 banks".

Seeing that banks are a lot more cautious with lending these days, PE firms could be very helpful in providing
capital for the numerous mid-sized, and large businesses in Nigeria.

I'd like to hear from folks who work in/are familiar with this space.
Current happenings, prospects, challenges, opportunities,