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
The BCEAO cut its main policy rate by 25 basis points to 3.00%, effective March 16. Inflation...
Ethio Telecom has signed a new agreement with Ericsson to expand and modernize its telecom netwo...
EIB commits over €1 billion for renewable energy in sub-Saharan Africa Funding supports Miss...
MTN Zambia tests Starlink satellite service connecting phones directly from space Direct-to...
Nigeria introduced a 1% flat tax on the turnover of informal-sector businesses under a new presump...
Sovereign Metals signed a new rutile sales memorandum with Mitsui & Co. for its Kasiya project in Malawi. Mitsui could purchase up to 70,000 tonnes of...
(AGRA) - As part of the implementation of the African Agribusiness Youth Strategy of the African Union Dept. of Agriculture, Rural Development , Blue...
Nigerian Breweries Plc launched a pilot barley cultivation project involving 1,000 farmers, targeting over 1,000 tonnes of output in 2026. Nigeria...
African Rainbow Minerals plans to bid for the design, construction and operation of a manganese export terminal at Ngqura port. The project could...
With much of Africa’s cultural heritage still held outside the continent and restitutions in Europe moving slowly, a South African video game imagines...
Paris exhibition showcases Brazilian painter Gonçalo Ivo’s Africa-inspired works Show runs March 20-July 9 at La Maison Gacha Exhibition...