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Discussing the short list of lunch options in central Lagos, a local small businessman says he has an idea how to get rich, had he the capital – poultry farming. He is not the only one with the idea. Private equity firms, including Carlyle, are on the look-out for such businesses. “There’s no limit to the number of chickens you could sell in Lagos,” says Hurley Doddy, co-CEO of Africa-focused private equity firm ECP, half joking.
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