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East Africa corporate deals dip 18pc on low Kenya activity
I&M Burbidge Capital tracks the deals on a monthly basis in the five Eastern African countries, segregating the transactions according to sectors and the type of institutions involved.
The number of reported corporate deals in East Africa dropped by nearly a fifth in the first seven months of the year compared to the corresponding period in 2023, largely due to reduced activity in Kenya.
Deals data compiled by advisory firm I&M Burbidge Capital shows that the count fell to 73 between January and July from 89 in 2023.
