African M&A deal volume at a seven year high, says Mergermarket

A steady increase in African deal flow and interest from overseas investors since the financial crisis points to the increasing maturity of African countries as a destination for M&A.

Total African deal volume was buoyant at 290 deals, up 1% from 2014, despite severe headwinds from a slowdown in the Chinese economy and currency woes in South Africa and Nigeria, the continent’s two largest M&A markets. Accordingly, deal value fell by 26% to US$27.3bn in 2015, mostly due to a smaller number of big-ticket transactions on the continent.

Read more: African M&A deal volume at a seven year high says Mergermarket – FTSE Global Markets