At the PwC + BusinessDay 2026 Executive Roundtable, Kunle Amida, Partner at PwC Deals Advisory, highlighted key trends expected to shape Nigeria’s investment landscape this year. He noted improving macroeconomic stability and a gradual return of institutional investors to the market.

Shifting Investment Focus

Amida explained that investment activity in 2026 will balance asset valuation and execution risks, especially under the revised capital gains tax (CGT) regime. “Transactions are no longer just about price,” he said. “Investors are now focusing on whether deals can actually close in the current regulatory and tax environment.”

Improved Access to Local Capital

Lower interest rates and ongoing banking sector recapitalisation are expected to ease financing constraints. Stronger bank balance sheets should boost domestic deal activity and reduce dependence on offshore capital.

Rise of Business Diligence

Investors are increasingly looking beyond financial numbers. They are now assessing business models, value chains, governance, and operational resilience to understand how value is created and sustained. Amida calls this approach “transacting to transform”, moving away from opportunistic acquisitions toward strategic, value-driven deals.

Sector Outlook

Energy: Opportunities from international oil company (IOC) divestments and marginal field bids.

Financial services: Banks approaching recapitalisation may pursue mergers, equity raises, or asset sales, opening opportunities for investors.

Impact-focused investments remain attractive.

Amida also observed a renewed interest from global private equity firms, marking a return of institutional investors to Nigeria after years of limited engagement. He attributed this confidence to a more stable macroeconomic environment, improved foreign exchange conditions, and clearer policy direction.

Preparing for 2026

Buyers and sellers must adapt to these dynamics. Buyers should strengthen internal processes and identify the right targets, while sellers need to clean up balance sheets and improve disclosures to attract quality capital.

“If 2026 delivers on its macroeconomic promise,” Amida concluded, “Nigeria’s investment market could move from cautious recovery to sustained, value-driven growth.”

The post CEOs Eye 2026 Investment Trends Amid Inflation and Skills Shortages – PwC appeared first on Housing TV Africa.

The affected countries include Ivory Coast, Gabon, Cameroon, Madagascar, Senegal, the Democratic Republic of Congo, Republic of Congo, Guinea, and Equatorial Guinea, according to a brief announcement posted on the firm’s website late last month.

No reason was officially stated, but the timing and scope of the move suggest deeper tensions. According to sources cited by the Financial Times, which broke the story earlier today, disagreements between PwC’s global leadership and its local African affiliates played a role. Specifically, internal pressure to disengage from “risky” clients reportedly led to significant revenue drops in several markets—leaving local offices struggling to remain viable.

In addition to the nine African nations, the firm has also reportedly severed ties with operations in Zimbabwe, Malawi, and Fiji, although those exits haven’t been formally confirmed in public statements.

This isn’t an isolated shake-up. PwC has been dealing with a series of high-profile setbacks worldwide. Just last year, the firm’s China unit was hit with a staggering $62 million fine after audit failures involving Chinese property giant Evergrande, which has since collapsed under the weight of a $78 billion fraud.

Meanwhile, regulators in the UK fined PwC nearly $6 million in March for shortcomings in its audit of Wyelands Bank.

Back in the Middle East, the firm is still working to rebuild its relationship with Saudi Arabia’s Public Investment Fund, after the country paused dealings with PwC following undisclosed issues between the two entities.

Though PwC hasn’t publicly connected the African closures to these global controversies, industry insiders say it’s part of a broader risk-averse repositioning. With shrinking margins, tighter regulatory scrutiny, and rising demand for compliance, the firm appears to be circling the wagons around its most profitable—and manageable—markets.

The post PwC Pulls Out of Nine African Countries Amid Strategic Shake-Up appeared first on Housing TV Africa.