<p style="line-height: 18.9091px;">African private equity funds raised a record $3.89 billion in 2015, a 51 percent jump from the $2.57 billion they accumulated in 2014, according to data collected by <a href="https://www.privateequityinternational.com/magazine/africa/2015-09-01/investing-in-africa_-the-road-ahead/" target="_blank">Private Equity International</a>. This is a culmination of a success story that has characterized Africa’s fundraising scene, from funds targeting the continent to startups — mostly in tech, as global investor discover the allure of the region’s business opportunities.</p>