Literature review reveals private equity boosts entrepreneurship growth in Africa, indicating potential for socio-economic advancement.
The paper seeks to provide insight into the significance of private equity (PE) investments in catalysing entrepreneurship growth and enhancing management practices across Africa's diverse business landscape. A search using keywords in Google Scholar and other databases identified 50 published English papers and articles over the last 20 years, including journal articles. The review of the selected literature on this topic demonstrates the impact of PE investments on the Sustainability of entrepreneurial ventures and economic development in developing nations, particularly in the African context. The paper emphasises that PE investments not only stimulate growth but also improve policy, governance, management practices, capacity building, and ethical investment practices, thereby enhancing the potential for entrepreneurial dynamism and socio-economic advancement. The review synthesises insights from academic research and publications to provide a better understanding of PE's role in enhancing entrepreneurship growth and management practices in Africa.
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M. Sakala (2026) studied this question.
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