investments in Nigeria Archives - AfricaBusiness.com

Baker McKenzie’s latest analysis of Refinitiv data shows that the value of mergers and acquisitions (M&A) in the first half 2021 (H1 2021) soared in South Africa, and that deal value also increased in Nigeria in the first six months of 2021, but Kenya experienced a slight decrease in both deal value and volume in H1 2021. South Africa The value of M&A transactions in South Africa in H1 2021 amounted to USD 52 billion, with 169 deals announced in the period. Compared to the first half of 2020, transactions volumes decreased by 8% but deal value increased by 958% in the first half of 2021. Refinitiv data shows that the volume of domestic transactions increased slightly to 80 deals, a 10% increase year on year (Y-o-Y). Domestic transactions in South Africa in H1 21 were worth USD 46....

Nigeria is the second country in Africa with a big economy. Globally it is the 22nd country by the number of finances. With this flow of the growing economy, Nigeria can be in the top 10 countries in 2050. To achieve this kind of stability, this country needs to diversify its economy from its dependence on oil. Nigeria is a country that can really make a big difference in the world by using all the opportunities it has in different fields, so it goes without saying that Nigeria’s potential really lies beyond the oil. Based on recent trends, this country is starting to make a big difference in the trading field. To rely only on oil will be destructive for the country because the world is going far with new technologies and soon there will be renewable energy which can affect Nigeria’s econ...

Tag: investments in Nigeria

Deal value increases in South Africa and Nigeria in the first half of this year

Nigeria needs to start preparing for an oil-less economy