This archive report was first published on 26 October 2021.
Published on October 26, 2021, a survey by KPMG East Africa reveals that 82% of regional CEOs plan to make acquisitions over the next three years.
According to the CEO Outlook Survey report, the M&A bounce-back is a reflection of a return to a more normal trading environment, as well as greater digitization and customers switching to online platforms.
CEOs believe new partnerships are critical to their digital transformation agenda, with 40% planning to increase workforces by between six and 10% to support their growth ambitions.
However, supply chain risks remain a major threat, with 74% of respondents noting that their supply chains have been under increasing stress over the past 18 months.
East African CEOs are strengthening their organizations' digital advantage for a more flexible future of work and operating as part of digital ecosystems.
Private Equity investors seeking to buy companies in the East African region within the next 12 months stand to benefit from lower prices, as asset prices in the region have largely been affected by volatility in the global market and higher discount rates.
