Tuesday 21 November 2017
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afkinsider
3 months ago

Why international investors are upbeat about SA tech companies

Law firm Baker McKenzie has released its latest quarterly Cross-border M A Index, showing a massive drop in the number of inbound M A deals across Africa and South Africa – but there’s a positive spin for the SA tech sector. According to the report, there were 17 inbound M A deals in Africa in the second quarter of 2017 – a 48 percent drop from 33 deals in Q2 2016. The deal value for inbound deals amounted to $780 million, decreasing by 83% year-on-year and 88% on a quarter-by-quarter basis. The post Wh

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