The disclosed value of corporate deals in Kenya fell by at least a fifth in the first four months of the year compared to a similar period last year, reflecting the tougher economic climate following an extended politicking season.
Data on African deals compiled by risk and research firm Stratlink shows only Sh6.9 billion ($69.4 million) were closed in the four months to April, compared to Sh8.8 billion ($88 million) in the same period last year.