This brief outlines how Transaction Advisory Services (TAS) can mobilise private investment for development and strengthen market systems by supporting businesses and investors to navigate complex deals in emerging markets.
TAS providers work with early-stage or under-prepared enterprises to improve business plans, financial models and governance, helping them become investment-ready. Simultaneously, they assist investors in identifying viable opportunities and structuring deals.
Drawing on examples from Nigeria, Ethiopia and across Africa, the paper highlights how TAS fills critical gaps in pre-investment stages where development finance institutions often cannot intervene. It argues that TAS can unlock financing for high-impact sectors - such as agriculture, clean energy and health - by reducing transaction costs and risks.