What do Mergers and Acquisitions in Zimbabwe tell us about business building and the current investment landscape?

Between 2009-2021 there were nearly 80 publicly disclosed transactions, spanning 20 different sectors, here’s what I learned:

[A thread] 🧵 🧵 🧵 1. I carried out this study after my internship at a Sub Saharan Africa-focused Private Equity firm with exposure to Zimbabwe. The key objective was to understand what the exit environment looked like for the firms' investments but also for the broader investor community.