Mergers & acquisitions in Sub-Saharan Africa fell dramatically in 2022 in terms of value, even though deal volumes were not that far off the record levels of activity and deal value reached in 2021.
Transaction values across the subcontinent fell almost 76% to $21bn in 2022, substantially lower than the record $87.2bn achieved in 2021, according to a report by international law firm Herbert Smith Freehills...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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