KKR to invest $100 million within a year, make Nigeria regional base

October 7, 2015 5:24 AM

"We want to use Nigeria as regional base and springboard for West Africa," he said. "We are not limited to one sector."

KKR to invest $100 million within a year, make Nigeria regional base

US private equity firm KKR & Co LP is considering investing around $100 million in Africa within a year, a senior executive said on Tuesday.

KKR is looking at the agriculture and food business, the energy industry and infrastructure projects, Dominique Lafont, a senior advisor at KKR, told Reuters during a visit with a French business delegation to Nigeria.

KKR had appointed Lafont in July to help expand its Africa business.

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