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
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
Since its 2019 IPO, Airtel Africa paid Deloitte over $37 million in audit and non-audit fees,...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Tilenga oil project required land from 4,954 households in Uganda Over 99% of affected households...
GoldBodinvests $2.5 million in geological studies to identify new artisanal mining sites. The initiative targets mineralized zones in...
Mali and Orange Mali plan a partnership to accelerate the digital transformation of universities. The initiative focuses on connectivity,...
Gabon inaugurates a new border post in Kabala to improve trade and mobility with Republic of the Congo. The project supports regional integration...
Zamani Telecom calls for a more favorable investment codeto support infrastructure spending and market competitiveness. The operator’s annual...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...
Mbanza Kongo, located in northern Angola, is one of the most important historic cities in Central Africa. The capital of Zaire Province, it stands on a...