Follow Us on Google
By Maduka Nweke
KPMG, a global leader in audit, tax, and advisory services, has launched its 1st edition of the KPMG Doing Deals in Africa Report. The deal is a comprehensive analysis of the latest trends and insights on the mergers and acquisitions (M&A) landscape in Sub-Sahara Africa (SSA).
In her introduction, Ijeoma Emezie-Ezigbo, Partner & Head, Transaction Services at KPMG West Africa, the Doing Deals in Africa Report will serve as a reference resource for business leaders, investors, and professionals seeking valuable insights into the ever-evolving world of M&A.
According to her, this maiden report promises to deliver an in-depth analysis of the opportunities and challenges that organizations face when navigating the deal making landscape in SSA. In her highlights of the 2023 Doing Deals in Africa Report, Mergers & Acquisition market include trends in deal activity by regions and sectors as well as the
key drivers of activity such as attractive valuations, distribution channels, etc.
She said that Deal dynamics involve critical insights into acquisition targets, valuation methods and ranges, approach to financing M&A activity as well as typical deal structures. The challenges of that she said, include risks to investing in SSA ranging from external factors such as macroeconomic conditions, political volatility, to internal factors including divergent valuation/price expectations, poor information, etc.
“It also highlights approach to due diligence by investors and areas for optimizing the due diligence process and post-acquisition integration, including value creation. Investors expectation for deal activity by region and sector over the next two years as well as trends which are expected to drive activity including technology
adoption, energy transition, etc.
“We are excited to launch the 1st “We are excited to launch the 1st edition of the Doing Deals in Africa Report, which builds on decades of providing significant M&A advisory to large corporate and private equity clients on the continent,” said Emezie-Ezigbo, Partner & Head, Transaction Services at KPMG West Africa. “This report offers a guide on trends and drivers of deal activity, investors approach to deal making which will help organizations make informed decisions and seize opportunities in the dynamic world of deal making.”
According to Ignatius Sehoole, CEO, KPMG Southern Africa and Africa Chairman, the sub-Sahara Africa (SSA) region continues to present a compelling case for investment driven by key advantages of a large population, abundant natural resources, attractive asset valuations etc., despite the macro challenges and recent spate of political
volatility seen on the continent. “Furthermore, government focus on initiatives and reforms aimed at improving the business and investment landscape also presents further optimism for the region,” he noted.
In the views of Dolapo Adeosun, Partner, Transaction Services at KPMG West Africa, this will allow investors and businesses adapt their strategies according to the unique characteristics of each market in Africa. “The report highlights the diversity of the region which presents varying deal dynamics ranging from the types of opportunities
available and drivers of the opportunities to the unique risks and challenges to investing across different markets, as represented in the regional lens adopted for key findings.
The M&A Partner, Deal Advisory at KPMG South Africa, Mike Louw, said we are thrilled to see this long-awaited publication come to completion. “This comprehensive resource reflects KPMG’s unwavering commitment to fostering investment and growth opportunities on the African continent. In a rapidly evolving business landscape, this publication serves as a vital guide for investors, showcasing deep insights into what is driving and influencing deal and investment decision-making across Africa and KPMG’s dedication to facilitating successful deals on behalf of our clients with our multi-disciplinary collaborative teams.”
“KPMG is proud to unveil the 2023 Doing Deals in Africa Publication, a testament to our continued dedication to unlocking the potential of the African business landscape,” said Julius Ngonga, Partner, Strategy & Deal Advisory, KPMG East Africa. “This comprehensive guide reflects our commitment to empowering businesses with the knowledge and insights needed to navigate the ever-changing market dynamics and seize promising opportunities across the continent,” he maintained.
