The 3rd edition of our COVID-19 Market Commentary continues to track the impact of the pandemic on stock markets, investor sentiment and deal making in both developed and emerging markets.
As restrictions start to lift in some countries and economies begin to plan a return to relative normality, deal makers are looking through volatility to 2H20 and what that will mean for engaging in strategic activity.
Despite M&A activity slowing since our last update, we’ve still seen a number of prominent deals taking place in Africa, one of our core markets – with CIB Egypt acquiring a stake in Mayfair Bank Limited, FMO – Dutch entrepreneurial development bank backing Development Partners International, and the IFC – International Finance Corporation and Amethis acquiring a stake in retail chain Naivas Limited.
We’re also delighted to feature Amanda Cotterman, CEO and Managing Partner of EquaLife Capital this week, to showcase the work she is doing using venture debt as an innovative financial instrument to support venture businesses, jobs and livelihoods in East Africa.
To read the article, please click here to be directed to the article on our LinkedIn.
To download the article directly, please click the following link: Crasner Capital’s COVID-19 Market Commentary – 3rd Edition