Kenya deals value falls to Sh3bn for the first time

Deal activity in the review period was highest in North and East Africa at 21, led by 14 in Egypt.

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The value of deals closed in Kenya in the first quarter of the year fell 41.3 percent to $25.83 million (Sh3.34 billion) attributed to uncertainty in the America-Africa investment relationships owing to the return of US President Donald Trump to the White House.

According to a review of continental transactions by South Africa-based DealMakersAfrica magazine, Kenyan deals fell to 12 deals valued at $25.83 million (Sh3.34 billion) in the first three months of the year.

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