← Mergers and Acquisitions (M&A) Strategy and Execution

Why companies merge and the Ethiopian deal landscape

Module 01 / 5 · 60 min · Free preview

Separate deals that create value from deals that only create size, then map where Ethiopian M&A is happening now: bank consolidation, foreign entry, privatisation and family successions.

In this module you will learn to

Classify a deal as horizontal, vertical or conglomerate and name its strategic rationale
Explain how M&A creates value and the recurring reasons deals fail
Describe the forces driving Ethiopian deals after 2024: the ETB 5 billion bank capital rule, foreign entry, privatisation and succession
Frame the running case: Bank A's search for a merger partner

Built on

Erudite Africa course specification 3.c: Mergers and Acquisitions (M&A) Strategy and Execution, Levels 1 and 2 (October 2026)
Erudite Africa Training Module: Ethiopian Context, programme overview and regulatory register (October 2026)
NBE directives as listed in the lessons: SBB/78/2021 (reported), SBB/87/2024, SBB/88/2024, SBB/89/2024, SBB/91/2024, SBB/92/2024, SBB/94/2025, SBB/95/2025, MFI/36/2023, FXD/01/2024 and FXD/04/2026
Banking Business Proclamation No. 1360/2025; Investment Proclamation No. 1180/2020 and Investment Board Directive No. 1082/2025; Income Tax Proclamation No. 979/2016 as amended by No. 1395/2025; Capital Market Proclamation No. 1248/2021 and ECMA Directive No. 980/2024
Commercial Code Proclamation No. 1243/2021 and the Trade Competition and Consumers Protection Proclamation No. 813/2013, as cited in the course specification (texts to be checked)
General M&A market practice on process, valuation, SPA terms and integration; all companies and people in examples are fictional

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.