Morocco and Egypt keep leading the private equity market in North Africa. From January 2010 to June 2016, the two nations grabbed 81% of all investments made by private equity firms in the region, a report released by the African Private Equity Venture Capital Association (AVCA) revealed.

Morocco grabbed 41% of all transactions in the region over the period considered and Egypt attracted 40% of the investments. The two countries are followed by Tunisia (13% of investments), Algeria (5%) and Libya (1%).

In terms of transactions’ volume, Morocco is first in the region with 46% of deals sealed. Next is Tunisia (25%), followed by Egypt (24%), Algeria (4%) and Libya (1%).

From January 2010 to June 2016, a total of 139 deals were recorded in North Africa amounting to $2.4 billion. The region thus grabs 15% of deals made across the continent over the reviewed period. The region’s percentage in terms of value of transactions recorded in Africa is 9%, over the same period.

Key sectors targeted by private equity firms in the North African region are industry, health and consumption goods.

In the region, 59 exits were registered between January 2010 and June 2016.