Browsing: Anjarwalla & Khanna

Kenya relaxes rules on Mergers & Acquisitions

Africa has seen a sharp rise in mergers and investments over the last decade.  The total deal value of merger and acquisition (M&A) transactions in Africa increased by 32%, rising from US$16 billion in H1 2018, to US$21 billion in H1 2019 according to different wheel dealers in Africa.

The appetite for African share has been born out of an economy that is showing one of the fastest growths in the world. Also, the continent has launched various initiatives to lure foreign direct investment into the continent. These initiatives include the Africa Continental Free Trade Area as well as individual country policies. Rwanda and Ethiopia, for example, have been introducing reforms that have made other partners in the region rethink their positions.

According to UN Conference on Trade and Development (UNCTAD), out of the total $9 billion invested in the region, Ethiopia took the biggest amount while Rwanda showed increased …