Nigeria beats peers, emerges Africa’s largest private equity destination

Nigeria has recorded the highest private equity deals in Africa in the first quarter of 2024, overtaking smaller countries that used to receive the highest deals.

According to a new report by DealMakers Africa, a South African-based firm that tracks mergers and acquisitions (M&A) and corporate finance activity across the continent, the value of M&A in Africa’s most populous nation was estimated to be $2.6 billion.

Read more at Businessday

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