Building an African Future
Africa looks to be a promising component of M&A strategies, according to a report by Boston Consulting Group (BCG). Karim Anjarwalla, managing partner of ALN Kenya | Anjarwalla & Khanna, spoke to Africa Legal on the opportunities ahead.
African businesses are at a crossroads. While only 2% of activity in the USD 3.2 trillion M&A market is African in nature, and the global pandemic has seen deal volumes and values fall, analysts are cautiously optimistic, predicting a “a gradual recovery of deal volume within 18 to 24 months,” according to Alexis Bour, of management consultants, BCG, in Johannesburg.