Mergers and acquisitions (M&A) in sub-Saharan Africa in Q1 of 2018 at $4.7 billion were 63% down on a year earlier, according to investment banking analysis for sub-Saharan Africa by Thomson Reuters, but there were $2.7bn in equity follow-on issues and $13bn in debt issues.
The total value of mergers and acquisitions deals in Africa by foreign investors was $183 billion over the ten years 2003-2012, up threefold on the previous decade. Britain was the lead investor with with 437 deals worth $30.5bn.
London-based alternative asset manager Duet Group and Vasari, a company with a record of growing businesses, announced recently in a press release that they had made the largest private equity investment in Ethiopia so far to expand Dashen Brewery.
PLUS Markets, a British-regulated investment exchange for trading the shares of small companies, has put itself up for sale on 3 Feb.
Media report that Renaissance Capital (RenCap), a unit of Russian investment bank Renaissance Group, is drawing closer to a takeover of one of Zimbabwe’s largest stock-broking firms, Lynton Edwards Securities.