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Woolworths Secures Regulatory Approval to Acquire 100% of Longtime Fresh Food Supplier In2food Holdings
South Africa's Competition Tribunal grants unconditional clearance for the retail giant to acquire its key manufacturing partner, consolidating an R5B+ annual fresh supply chain ecosystem.
Maliasili Secures $15M Grant from MacKenzie Scott to Expand Community Conservation Fund
The African conservation catalyst uses unrestricted funding to scale its pooled financing mechanism through 2030, targeting direct core capital for local environmental organizations.
Review of Week of 05 October 2026
This week’s briefing features Sanlam’s $1.2B privatization offer for Santam, Infinite Partners’ $170M fund close, Shelter Afrique’s $100M sustainable bond issuance, and strategic growth transactions across M-KOPA, East Africa Foods, and Andersen.
Vatar Closes $500,000 Angel Round at $10M Valuation Following Viral Launch of Lagos Life
The parent company of the fast-growing multiplayer browser game secures rapid funding in a single day as player traffic surpasses five million users nine days after debut.
East Africa Foods Secures $40 Million to Expand Regional Agritech Supply Chain
The Dar es Salaam-headquartered food distribution company completes a $26 million Series B equity round co-led by PIDG’s InfraCo, Oikocredit, and FMO to scale post-harvest logistics infrastructure across East Africa.
South African Travel Tech Platform LekkeSlaap Acquired by Investor Consortium as Founders Exit
Bellair Road Investment Partners, Janic Capital, family offices, and Investec back CEO Frans Joubert and the executive team to drive technology investment and regional expansion across Southern Africa.
Beltone and Amtar Launch $38.2M Fractional Real Estate Fund in Egypt
The EGP 2 billion vehicle lowers investment barriers with an EGP 1,000 minimum entry point to democratize access to commercial and residential property assets.
Kenyan Fintech Cloud9 Secures $500K Pre-Seed Funding From Crypto Accelerator Alliance
The Nairobi-headquartered digital banking platform brings its total pre-seed capital to $1 million as it expands cross-border payment corridors and card issuance for African merchants.
M-KOPA Acquires Finnish Phone-Locking Firm KilpiTek for $8 Million
The fintech asset-financier acquires full ownership of the Tampere-based software developer to secure core device-locking IP and streamline global hardware sourcing.
AfricInvest Vehicle FIVE Backs Vantage Payment System’s Moroccan Expansion
The financial inclusion fund invests in holding company Equity Invest to consolidate full ownership of VPS and fund its nationwide point-of-sale acquiring rollout.
NYSE-Listed Andersen Acquires South African Investment Bank Merchantec
The purchase of the Johannesburg-based advisory firm marks Andersen Group’s debut investment banking footprint in South Africa, anchored alongside acquisitions in Italy and the Netherlands.