Matteo Stefanel, Co-Founder and Managing Partner of Apis Partners, joined CNBC Africa in Lagos on 11th May 2017 to discuss the investment opportunity in financial services across Africa.
The financial services sector represents a significant portion of the economies of countries in Apis’ targets markets in Africa and Asia. However, as Matteo explains in the interview, there is still widespread underpenetration of financial services in the region, which opens up opportunities for innovative solutions such as mobile money to increase financial inclusion and generate value for investors. Matteo also discusses the presence of strong cyrbersecurity measures as a differentiating factor for businesses, and the role that regulation plays in the financial services sector among other topics.
The full interview is available at CNBC Africa through this link: Private Equity Eyes Africa’s Financials.
About Apis Partners
Apis Partners (www.apis.pe) is a private equity asset manager that supports growth stage financial services businesses in Africa and Asia by providing them with catalytic growth equity capital. Apis Partners’ core team is composed by 16 professionals based in London and Lagos, and with specialised expertise in financial services and technology in growth markets. Apis Partners’ operating network includes on-the-ground presence in 5 countries and over 20 additional financial services sub-sector experts. Apis Partners is highly conscious of the developmental impact that the provision of growth capital for financial services in growth markets can achieve, and financial inclusion is a core tenet of Apis Partners’ investment mandate.
Apis Partners LLP, the manager of Apis Growth Fund I, is authorised and regulated by the Financial Conduct Authority (auth. n. 628289).
As a foreign private adviser, Apis Partners is exempt from registration under the Investment Advisers Act of 1940.
Ed Gascoigne-Pees, +44 20 3757 4984, [email protected]