Kenya is poised to be East Africa’s top investment hotspot for private equity (PE) firms in the next 12 months, a survey shows, driven by the government's push to privatise key firms in diverse sectors such as energy, hospitality, and manufacturing.
The 2024 Deloitte Africa Private Equity Confidence Survey shows 28 percent of the polled PE funds say they will focus on Kenya in the next year, making it the most attractive followed by Tanzania and Uganda tied at 22 percent each.
