Over the past seven years, investment firm 54 Capital has built a portfolio of assets in Ethiopia’s pharmaceutical and fast-moving consumer goods industries. It has invested in excess of $170 million in the country. The firm’s investee companies are involved in the manufacturing and distribution of medicines, beverages, food as well as home care and personal care products.

In this interview with Africa Private Equity News, Saad Aouad, co-founder and chief inve...