M&A in Africa last year was the classic one-trick pony, in that all the action took place in a single market, South Africa. Despite that, the competition for this award was fierce. It came down to a straight fight between Goldman Sachs and Morgan Stanley, with the former walking away with the prize in yet another impressive year.
Goldman completed six deals in Africa ex-Egypt worth a total of $42 billion, for a 74.8%
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