Private Equity provides the most affordable source of growth capital- Ascent’s Mugera

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By Muhereza Kyamutetera Private Equity (PE) is taking root in East Africa as an alternative source of financing. While Uganda has over the last 5 years seen closure of some multi-million dollar deals, most of these, if not all of them, were done out of Nairobi. In July 2014, Ascent Capital Africa Ltd became the first PE fund manager to set up a permanent office in Kampala. 14 months later The C