Private equity and venture capital investments and exits have led the way in deals activity in 2023, helping maintain the growth momentum seen from 2022 when capital flows improved on the end of Covid-19 pandemic-related uncertainty.
In the 10 months to October, data on deals in the East African region compiled by advisory firm I&M Burbidge Capital shows PE investments and exits had tallied 37 deals, while VC accounted for 33 deals. The total number of deals recorded by the firm across the region stood at 114 by the end of October, out of which 81 were concluded in Kenya.
