Kenyan Wall Street | by Miriam Wangui
The value of disclosed merger and acquisition transactions involving Sub-Saharan African nations fell to an eight-year low of $25.7 billion in 2020 from the $67.6 billion recorded in 2019, a 62% decline according to Refinitiv’s SSA Investment Banking Review 2020.
Kenya, Uganda, South Africa, the Democratic Republic of the Congo, and Senegal were the top five Sub Saharan African nations targeted for mergers and acquisitions in 2020. Some of the industries in Sub Sahara Africa that attracted the highest number mergers and acquisitions were healthcare, financial industry…
