M&A activity in Africa’s tech and telco sector to quadruple in 2018

Merger and acquisition (M&A) activity in the technology and telecommunication sectors in Africa and the Middle East will more than quadruple in 2018, from 2017.

This is according to Baker McKenzie’s Global Transaction Forecast, developed in association with Oxford Economics.

The report shows that M&A in the tech and telecoms sector in Africa and the Middle East was valued at $1.2 billion in 2017. This is predicted to increase to $5.9 billion in 2018 and a further $5.9 billion…

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