Value of Kenya mergers and acquisitions hits Sh67bn despite lower volumes

Report says that transactions across the continent were lower last year, partly due to higher cost of financing deals.

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The number of Kenyan mergers and acquisitions sealed in the first nine months of 2024 declined 51 percent to 47 deals according to a review of continental transactions by South Africa-based DealMakers Africa magazine.

The report shows that there were 71 deals closed in the country in the same period the year before, including in agriculture and financial technology (fintech).

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Note: The results are not exact but very close to the actual.