Finance

Southern Africa, first in private equity transactions on the continent in 2014-19 (report)

Southern Africa, first in private equity transactions on the continent in 2014-19 (report)
Wednesday, 02 December 2020 05:02

Southern Africa is the continent's leading region in terms of the number of private equity transactions completed between 2014 and 2019, according to a report published late November by the African Private Equity and Venture Capital Association (Avca). The region accounts for 26% of the total investments made across the continent, with 311 deals closed for a total of $3.8 billion.

South Africa is the most attractive country in the region. The rainbow nation alone accounts for 65% of the investments made in Southern Africa. According to the Avca study, this situation can be explained by all the initiatives taken by the government to attract investors. Last year, during a conference, the country mobilized 365 billion rand from several investors and companies.

Zambia is the second most attractive country in the region with 11% of total investment. Mozambique, Mauritius, and Namibia complete the top 5, respectively.

Overall, the African continent recorded a total of 1,053 private equity transactions for a total of $25.4 billion over the period indicated. Local and foreign investors have invested more in the consumer goods sector, industry, and financial services as well as information and communication technologies.

Chamberline Moko

On the same topic
Orange Mali secures €80M loan to expand 4G and fiber networks Project to improve internet for 300,000 users, focus on rural...
Benin seeks $176.7M via two new bonds on WAEMU market Bonds offer 6% and 6.15% yields, maturing in 2032 and 2035 Return follows $1B...
CAR Treasury returns to market, seeks up to $88.4M via new bond lines Three- to five-year bonds to fund $12.8B national development...
Côte d'Ivoire keeps BB/B rating, but Senegal debt exposure flagged Ivorian banks now key conduit for risky Senegalese bond financing S&P...
Most Read
01

DRC met Alibaba, Isoftstone to discuss adapting China’s e-commerce model Joint working group ...

DRC in Talks with Alibaba, Isoftstone to Develop a Chinese-Style E-Commerce Model
02

The new unified platform replaces the NIBSS Instant Payments system. It connects banks, finte...

Nigeria Launches National Payment Stack, Targets Faster Digital Transactions
03

DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...

DRC, Eyeing AI for Farms and Mines, Seeks to Launch Academy with China’s Huawei
04

Germany to provide €49 million ($56.7 million) to support ECOWAS projects. Funds target peac...

ECOWAS secures $56.7mln German support for security and governance
05

Madagascar is going through one of the most turbulent periods in its recent political history. After...

Good Governance Can Save Madagascar, Says Former Ambassador Jaona Ravaloson
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.