Tuesday, December 10African Digital Business Magazine

Tag: investors in south africa

Business, Kenya News, Nigeria News, South Africa News

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

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....