M&A
Corporate consolidation, cross-border acquisitions, strategic divestitures, joint ventures, and major corporate restructuring transactions shaping African markets.
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Dislog Medical Devices Prepares Landmark Public Offering on the AMMC Under Moncef Belkhayat's Leadership
The specialized health-tech subsidiary of Morocco's Dislog Group is gearing up for a major capital market debut under the guidance of Chairman and CEO Moncef Belkhayat.
Flutterwave Acquires Open Banking Startup Mono in All-Stock Deal Valued Up to $40 Million
African payments giant Flutterwave has acquired Nigerian open banking infrastructure startup Mono, marking a major strategic milestone in the continent's digital financial services ecosystem.
Diageo to Sell Controlling Stake in East African Breweries to Asahi in $4.8 Billion Deal
Diageo plc has entered into a definitive agreement to divest its controlling shareholding in East African Breweries Limited (EABL) to Asahi Group Holdings in a landmark $4.8 billion transaction, reshaping the consumer goods and beverage landscape across East Africa.
AXIAN Telecom Expands East African Fiber Footprint via Acquisition of Wananchi Group
AXIAN Telecom expands its East African digital infrastructure footprint by acquiring a majority stake in regional internet provider Wananchi Group.
LemFi Secures $53M Series B Growth Capital Led by Highland Europe to Accelerate Global Cross-Border Platform
LemFi has closed a $53 million Series B funding round led by Highland Europe to scale its cross-border financial services infrastructure and accelerate international market expansion.
Chappal Energies Completes Landmark $1.2 Billion Acquisition of Equinor’s Nigerian Assets
Chappal Energies has officially finalized its landmark $1.2 billion acquisition of Equinor’s Nigerian upstream asset portfolio, expanding its operational footprint in West Africa's energy sector.
Moniepoint Joins Africa’s Unicorn Club with $110M Series C led by DPI and Google
Nigerian fintech powerhouse Moniepoint has officially crossed the billion-dollar threshold, securing a $110 million Series C funding round led by Development Partners International (DPI) and Google's Africa Investment Fund.
Wasoko and MaxAB Complete Landmark Merger to Form Pan-African B2B E-Commerce and Fintech Ecosystem
B2B e-commerce platforms Wasoko and MaxAB have finalized an all-stock merger of equals, creating a combined entity that connects over 450,000 informal merchants across five African markets.
MNT-Halan Raises $157.5 Million to Accelerate Regional Expansion
Egypt’s first unicorn and fastest-growing fintech leader MNT-Halan has secured $157.5 million in new capital to fund its imminent geographical expansion beyond domestic borders.
Olam Agri Expands West African Footprint with €17M Acquisition of Senegalese Feed Manufacturer Avisen
Olam Agri has expanded its West African presence by acquiring Senegalese animal feed manufacturer Avisen in a €17 million deal, deepening its regional agribusiness footprint.