Browsing: mergers and acquisitions in africa

DealMakers Africa Awards
  • East Africa’s notable company mergers and acquisitions have been recognised at this year’s DealMakers AFRICA Awards
  • DealMakers AFRICA tasked advisory firms to nominate and submit notable mergers and acquisitions for two categories, namely East Africa’s deal of the year and East Africa’s private equity deal of the year
  • DealMakers AFRICA ultimately picked KCB Group’s acquisition of Trust Merchant Bank (TMB) as the region’s deal of the year
  • DealMakers AFRICA named Naivas’ stake exit the region’s Private Equity Deal of the Year

East Africa’s notable company mergers and acquisitions have been recognised at this year’s DealMakers AFRICA Awards gala held in Nairobi, following a two-year break of a physical event due to COVID-19 restrictions.

The awards ceremony, held at Villa Rosa Kempinski, also recognised advisory firms that were involved in the execution of the mergers and acquisitions and general corporate finance. The firms were contracted either as financial advisers, legal advisers …

Mergers and Acquisitions during Covid-19 - The Exchange

On the 10th of July 2020, Helios Holdings Limited announced a merger with Fairfax Africa Holdings Corporation to form Helios Fairfax Partners Corporation – a pan Africa focused alternative investment manager.[1] On the same day, Eversend, an African fintech startup also announced over a $1M raise through crowdfunding.[2] Prior to that Helios announced a $100M investment from the Commonwealth Development Corporation (CDC) into their fund IV.[3] On the 1st of July 2020, our portfolio company, www.hotelonline.co announced the acquisition of two travel tech companies.[4] On 30th June 2020, www.msfafrica.com announced the acquisition of fellow fintech Beyonic based in Tanzania.[5] On 23rd June, 2020 www.acumen.org announced their exit from KopaGas of Tanzania as part of the $25M acquisition by Circle Gas.[6] Then on 22nd January 2020, www.mypaga.com announced the acquisition of Apposit an Ethiopian software company as the entry strategy …