African private equity has emerged as an attractive asset class, underpinned by favorable fundamental trends. However, stronger competition for deals, recent macroeconomic headwinds and operational challenges in Africa are requiring private equity funds to put greater emphasis on value creation to continue delivering attractive returns.

Andrei Vorobyov, a partner with Bain & Company's Private Equity and Mergers & Acquisitions practices in sub-Saharan Africa, joins CNBC Africa for more.