KPMG Nigeria’s Post

Sub-Saharan Africa continues to offer potential opportunity driven by a youthful and growing population and significant untapped resources. In this soundbyte, Makenzi Muthusi, Partner - Deal Advisory & Strategy at KPMG East Africa takes a deep-dive into some of the challenges in doing deals in the region and how investors who adopt a medium-to-long-term strategy with prudent asset allocation can position themselves to potentially benefit from higher long-term returns.   CC: Julius Ngonga, Michael Louw, Heather Carswell, Thina Opperman, Boitumelo Ngutshane, Huns Biltoo, Dolapo Adeosun, Makenzi Muthusi, Ijeoma Emezie-Ezigbo CPA, CGA, Marcel Kopoin Kennedy Vatu   #KPMGDoingDeals #KPMGDealAdvisory

Sub-Saharan Africa continues to offer potential opportunities driven by a youthful and growing population and significant untapped resources. Listen to this soundbyte by Makenzi Muthusi, Partner - Deal Advisory & Strategy at KPMG East Africa who takes a deep-dive into some of the challenges in doing deals in the region and how investors who adopt a medium-to-long-term strategy with prudent asset allocation can position themselves to potentially benefit from higher long-term returns.   #KPMGDoingDeals #KPMGDealAdvisory Julius Ngonga | Michael Louw | Heather Carswell | Thina Opperman | Boitumelo Ngutshane | Huns Biltoo | Dolapo Adeosun | Ijeoma Emezie-Ezigbo CPA, CGA | Marcel Kopoin

🌍 Upcoming Event 🌍 Our Managing Partner, Pascal Agboyibor, will be moderating an insightful panel discussion at the AFRICA FINANCIAL SUMMIT - AFIS on "Energy, Private Equity, Real Estate: Unlocking Opportunities for African Institutional Investors." As a seasoned leader in African and global markets, and a passion for driving investment innovation across the Continent, Pascal is perfectly positioned to guide this important conversation. The panel will delve into: ✅ Evaluating asset classes and strengthening industry capabilities. ✅ Identifying reforms needed to create a favorable regulatory environment. ✅ Developing diversified and tailored product offerings to meet market demand. We are looking forward to this engaging discussion with distinguished panelists: Isabelle Bébéar, Director, International and European Affairs, Bpifrance Denis Charles KOUASSI, Managing Director, IPS - Caisse Nationale de Prévoyance Sociale - Côte d'Ivoire Olivier Granet, Managing Partner & Co-CEO, Kasada Capital Management Stéphane Mbadinga Ditengou, CEO, Fonds Gabonais d'Investissements Stratégiques (FGIS) Mohamed Wade, Managing Director, Amandla Capital Real Estate Nabil TAHARI, Managing Director, IB Holding Jad Hajj, Senior Analyst, Corporate Finance, Africa, SkyKapital Adama MARIKO, Secretary General, Finance in Common Summit (FICS) #Leadership #InvestmentInsights #AfricaInvestments #PrivateEquity #InstitutionalInvestors

The KPMG "Doing Deals in Sub-Saharan Africa 2024" report showcases the resilience of investment flows across the region, even in the face of political and economic challenges. While it provides valuable insights into capital markets, it's notable that public equity markets, such as stock exchanges, are not mentioned. This absence highlights a recurring trend where the critical role of public capital markets in driving economic growth and development is often overlooked. Key sectors like mining, energy, and technology continue to attract substantial interest, driven by SSA's rich natural resources and advancing technology landscape. The report underscores the significance of regional consolidation and strategic investments, aligning with the CMU Africa’s mission to unite Africa’s public capital markets to promote regional development. This approach is vital for long-term sustainable growth, emphasizing the importance of well-integrated, transparent public markets in Africa’s economic future. Again, stock exchanges are not mentioned. Furthermore, the report emphasizes the increasing importance of Environmental, Social, and Governance (ESG) considerations in investment strategies, which reflects a broader shift towards responsible investing. This focus resonates with CMU Africa's goal to support listed companies in communicating effectively and becoming more visible to a wider pool of investors. By doing so, they can help finance the United Nations Sustainable Development Goals (SDGs) in Africa. The absence of public equity capital markets in the report raises questions about whether sufficient attention is being given to the critical role these markets play in sustainable growth and development. What are your thoughts on the exclusion of public equity markets from this discussion? #financingafrica #capitalmarkets #cmuafrica

An essential read for anyone interested in Nigeria’s private equity and venture capital scene! 📊 Check out PEVCA’s Year-End Review and Outlook Report for key insights on economic trends, investment strategies, and sectoral opportunities.

🌍 Our CEO, Mikir Shah, and Head of Strategy and Corporate Finance, Caroline Hilton, attended the 11th annual summit of the Africa CEO Forum last week in Rwanda’s capital, Kigali. 🎙️ Caroline remarked, 'The conference was exceptionally well organised, with every detail meticulously planned. The Kigali Convention Centre, in particular, was state-of-the-art and provided an impressive venue for the summit.' 💭 This year’s theme was “AI, Leadership, Common Market: how Africa can win its place at the table of tomorrow’s powers”, where participants discussed their experiences and the future of the continent, as well as the topics of leadership, new information and communication technologies (NICTs), economic integration, finance, and infrastructure. The agenda was influenced by external dynamics, prompting critical questions: Will African nations unite to claim a place at the global decision-making table ❓How can decision-makers align their narratives to chart a new future for Africa❓ 🗣 The event included a presidential panel with Paul Kagame of Rwanda 🇷🇼 , Filipe Jacinto NYUSI of Mozambique 🇲🇿 , and Dr. William Samoei Ruto of Kenya 🇰🇪discussing effective leadership strategies that have propelled their countries forward, including the importance of strengthening bilateral relations, investing in digital technology to improve governance practices, and introducing innovative policies. 🗣 Other panels explored Africa’s role on the global stage. Brenda Mbathi, CEO of Two Rivers International Finance & Innovation Centre SEZ, discussed how Special Economic Zones can foster economic growth and innovation, propelling Africa towards a sustainable future in global economics. 🤝 ASR is committed to supporting the African business community. It is evident that the private sector must play a central role in securing a seat at the decision making table, integrating and developing African markets, enhancing intra-African trade, and boosting the continent’s competitiveness. To achieve this and enhance resilience in the evolving business landscape, companies like ASR play a crucial role in providing insurance protection for infrastructure financing and offering risk management expertise for both small and large enterprises. 👥 Our co-reinsurance partnership model, collaborating with international and local reinsurers, boosts corporate and specialty risk mitigation for African businesses and investors. Additionally, through knowledge transfer and enhanced risk assessment (re)insurers can scale up infrastructure investments, improve connectivity within Africa, and increase intra-African trade. #Africa #ASR #CEOForum #Kigali #Rwanda #reinsurance

🔍 𝐄𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐏𝐫𝐢𝐯𝐚𝐭𝐞 𝐄𝐪𝐮𝐢𝐭𝐲 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞: 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐟𝐫𝐨𝐦 𝐃𝐞𝐥𝐨𝐢𝐭𝐭𝐞 𝐀𝐟𝐫𝐢𝐜𝐚 𝐏𝐄𝐂𝐒 𝟐𝟎𝟐𝟒 The Year-End Review and Outlook Report by PEVCA’s Legal and Regulatory Committee showcases key insights from the 2024 Deloitte Africa Private Equity Confidence Survey (PECS), providing a forward-looking perspective on Nigeria’s private equity and venture capital ecosystem. From 𝐞𝐜𝐨𝐧𝐨𝐦𝐢𝐜 𝐫𝐞𝐬𝐢𝐥𝐢𝐞𝐧𝐜𝐞 𝐚𝐧𝐝 𝐬𝐞𝐜𝐭𝐨𝐫𝐚𝐥 𝐠𝐫𝐨𝐰𝐭𝐡 𝐩𝐫𝐨𝐬𝐩𝐞𝐜𝐭𝐬 to evolving 𝐞𝐱𝐢𝐭 𝐬𝐭𝐫𝐚𝐭𝐞𝐠𝐢𝐞𝐬 𝐚𝐧𝐝 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐜𝐲𝐜𝐥𝐞𝐬, Deloitte’s insights provide a comprehensive view of the opportunities and challenges shaping private equity activities in Nigeria and the broader West African region. Discover key findings, including: ✅ Nigeria’s economic diversification and GDP growth drivers. ✅ Evolving investment horizons and dominant secondary exit strategies. ✅ High-growth sectors like agribusiness, fintech, healthcare, and TMT. ✅ The role of fiscal and monetary reforms in boosting investor confidence. We sincerely appreciate Deloitte's contribution to this report, which offers actionable insights on navigating Nigeria’s complex and evolving investment environment. 📖 Access the full Report for a detailed analysis: here - https://lnkd.in/dkzR3Zug #PrivateEquity #VentureCapital #InvestmentOpportunities #Nigeria #Deloitte #PEVCA Akinola A. |Adaobi Ejike, MBA| MBA Jana Kobeissi

Our CEO, Mukwandi Chibesakunda, on Wednesday appeared on CNBC Africa to discuss Africa's investment potential on the sidelines of the just ended 2024 Africa Investment Forum. During the interview she highlighted the importance of innovative partnerships and addressing challenges to create a conducive investment environment. Watch the full interview here: https://shorturl.at/GkDDN #AIF2024 #ZanacoAt55

I'm enjoying the West African Deal Summit (WADS of money for investment in West Africa, we hope!) currently running, in Lagos. What is needed to get more catalytic investment with more impact into West Africa? Better data is a key theme across speakers, about the wider economy, customers, and the enterprises seeking investment. As an entrepreneur, I would add better/easier access to data about potential funders. A key barrier to this is potential funders' fear of information (and spam or fraud) overload if they "overshare". What could help solve this? A few thoughts: having been through due diligence in receiving earlier funding and having used that funding well; credit ratings to track financial management and performance; the credibility of key management; and of course a strong business model (and for social investors, a strong impact model). (Naturally, we tick these boxes with our liquic organic fertilizer OFA :) ) There's an irony in the frequent similarity between entrepreneurs seeking funding who are insufficiently transparent and collaborative, and funders who are the same... These tendancies both tend to reduce the effectiveness of the funding available. Hopefully WADS and other similar events will help us all chip away at this problem...... #WADS2024 #OFA #ImpactInvestingGhana #GIZ #BritishInternationalInvestment #ImpactInvestmentFoundation #GSGImpact #GhanaInvestmentSupportProgramme

Why are #PE deals shrinking in #EastAfrica? 🇰🇪 🇹🇿 🇷🇼 🇺🇬 🇧🇮 🇸🇸 🇨🇩 🇸🇴 1️⃣ Smaller Deals: Deloitte: 74% of PE firms in East Africa anticipate deals below $25M due to economic pressures. 2️⃣ Shifting Focus: Firms are targeting smaller, resilient sectors like real estate, healthcare, and e-commerce. 3️⃣ Funding Sources: Capital is expected to flow from Europe, the US, and increasingly the Middle East. Source: https://lnkd.in/dZkkaF5v Vova (Vladimir) D. @ Business Daily Africa @ AfricInvest Group @ Helios Investment Partners @ Actis @ Development Partners International (DPI) @ LeapFrog Investments @ Phatisa @ Metier @ Adenia Partners @ E3 Capital @ BluePeak Private Capital #PrivateEquity #Investment #EastAfrica #Deloitte #Finance #EmergingMarkets #SMEs #AfricanEconomy #ImpactInvesting #InfrastructureInvestment #AfricanGrowth #SustainableFinance #FinancialInclusion #VentureCapital #CapitalRaising #DevelopmentFinance #AfricanMarkets #SocialImpact #GrowthEquity #PrivateCapital #AfricanInvestments #GreenInvesting