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
• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...
• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...
• Algeria grants commercial 5G licenses to top three telecom operators: Mobilis, Djezzy, and Ooredoo...
• IFC teams up with AfDB and Nigeria’s EbonyLife to assess a new fund for African cinema• Sector cou...
• Global coffee consumption projected to hit a record 169.4 million 60-kg bags in 2025/2026, up from...
• Ghana signs a deal with eLearning Africa to expand digital learning access across the country.• The partnership focuses on deploying modern digital...
Ghana launches the Oncology Nurse Leadership Program (ONLEP) to train specialized oncology nurses from seven African countries. The five-year...
Ivanhoe Mines signs deal covering 100% of Kamoa-Kakula smelter’s copper output. The smelter will process up to 500,000 tonnes annually, starting at...
African gas projects drive significant contracts for Asian shipbuilders, especially for Floating Liquefied Natural Gas (FLNG) units. South Korean...
Kolmanskop offers a haunting blend of lost wealth, colonial history, and the unstoppable force of nature. Located just a few kilometers inland from...
Located about 40 kilometers from Cape Town’s city center, Boulders Beach in Simon’s Town is one of the Cape Peninsula’s most iconic destinations. This...