Meridian data
Transactions Tracker
Reviewed records of transactions, disputes and mandates handled by law firms across sub-Saharan Africa. Every entry names its advisers and states its source.
18 records match your filters
TransactionYearValueJurisdictionSectorPracticeLaw firms
TransactionMoniepoint US$110m Series C fundingPublic record2025Undisclosed–––Olaniwun Ajayi LP, Norton Rose Fulbright, Aluko & Oyebode
TransactionLagos Free Zone Company IFC equity investmentPublic record2025Undisclosed–––Olaniwun Ajayi LP
TransactionE1 Electric Raceboat Championship Lagos infrastructure arrangementsPublic record2025Undisclosed–––Banwo & Ighodalo, Olaniwun Ajayi LP
DivestmentCardinalStone exits i-Fitness to Verod CapitalFirm submission2026UndisclosedNigeria–Private Equity and Venture CapitalOlaniwun Ajayi LP, Udo Udoma & Belo-Osagie
TransactionAFC / Afreximbank financing to FG Gold Sierra LeonePublic record2025Undisclosed–––Olaniwun Ajayi LP
Equity FinancingInfraCredit capital raise of up to ₦27bnPublic record2026₦27bnUS$20.3mNigeria–Capital MarketsOlaniwun Ajayi LP
Bond IssuanceBank of Industry raises ₦274.19bn in upsized Series 1 development bondPublic record2026₦274.19bnNigeriaBanking and Financial ServicesCapital MarketsOlaniwun Ajayi LP
Initial Public OfferingDangote Petroleum Refinery opens ₦2.15trn IPO on the Nigerian ExchangePublic record2026₦2.15trnUS$1.63bnNigeriaOil and GasCapital MarketsBanwo & Ighodalo, Olaniwun Ajayi LP, ÆLEX
AcquisitionZenith Bank acquisition of 100% of Paramount Bank Ltd (Kenya)Public record20260Kenya, NigeriaBanking and Financial ServicesBanking and Finance, Mergers and AcquisitionsOlaniwun Ajayi LP
Bond IssuanceFGN ₦4trn Presidential Power Sector Financial Reform Programme and ₦501bn Series 1 bondPublic record2026₦501bnUS$376.4mNigeria–Capital MarketsENR Advisory, Olaniwun Ajayi LP
Debt FinancingIFC lends US$24.3m in naira to NSIA’s MedServe for diagnostic and cancer centresPublic record2026US$24.3mNigeriaHealthcare and PharmaceuticalsBanking and FinanceTEMPLARS, Olaniwun Ajayi LP
DivestmentAfrican Alliance Insurance sells 49% of PAL Pensions to Leadway HoldingsPublic record2025UndisclosedNigeria–Mergers and AcquisitionsDuale Ovia & Alex-Adedipe, Olaniwun Ajayi LP, Udo Udoma & Belo-Osagie
ArbitrationGZ Industries defends copyright infringement claimPublic record2025UndisclosedNigeria–Intellectual PropertyOlaniwun Ajayi LP
Regulatory Approval or LicensingNational Digital Economy and e-Governance Bill drafting2025UndisclosedNigeriaPublic Sector, TechnologyTechnology, Media and TelecomsDuale Ovia & Alex-Adedipe, Olaniwun Ajayi LP
Equity FinancingLightrock US$40m investment into Sun King (Nairobi-headquartered off-grid solar energy company)Public record2025US$40mMulti-jurisdictionalPower and RenewablesCorporate and CommercialOlaniwun Ajayi LP
Bond IssuanceLagos State ₦14.82bn Series 3 green bond and ₦230bn Series 4 conventional bondPublic record2025₦244.82bnUS$183.9mNigeria–Capital MarketsAluko & Oyebode, Duale Ovia & Alex-Adedipe, Jackson, Etti & Edu, Olaniwun Ajayi LP
TransactionSeplat Energy US$650m senior notesPublic record2025Undisclosed–––Olaniwun Ajayi LP, Udo Udoma & Belo-Osagie
Records marked “Firm submission” are based on information provided by the advising firm and reviewed by Meridian editors before publication. Records marked “Public record” are compiled from public announcements and filings. Spotted an error? Suggest a correction.
Deal activity · South and East Africa
Most active firms on the Meridian record
Law firms by number of deals advised in South Africa and East Africa, October 2023 to October 2026.
1. Bowmans51 deals · US$83.9bn
2. Webber Wentzel27 deals · US$89.0bn
3. ENSafrica27 deals · US$7.6bn
4. Cliffe Dekker Hofmeyr16 deals · US$5.7bn
5. Werksmans14 deals · US$3.8bn
6. Anjarwalla & Khanna (ALN Kenya)10 deals · US$160m
7. DLA Piper Africa (South Africa)9 deals · US$3.7bn
8. BLC Robert & Associates (ALN Mauritius)8 deals · US$95m
9. Iseme, Kamau & Maema Advocates (DLA Piper Africa, Kenya)7 deals · US$267m
10. Kaplan & Stratton7 deals · value n/d
11. DLA Piper5 deals · US$3.2bn
12. Engoru, Mutebi Advocates5 deals · value n/d
13. ALN Uganda | MMAKS Advocates5 deals · US$8m
14. White & Case4 deals · US$360m
15. Herbert Smith Freehills Kramer3 deals · US$5.6bn
View as a table
| # | Firm | Deals | South Africa | East Africa | Disclosed value (USD) |
|---|---|---|---|---|---|
| 1 | Bowmans | 51 | 31 | 20 | US$83.9bn |
| 2 | Webber Wentzel | 27 | 27 | 0 | US$89.0bn |
| 3 | ENSafrica | 27 | 18 | 9 | US$7.6bn |
| 4 | Cliffe Dekker Hofmeyr | 16 | 12 | 4 | US$5.7bn |
| 5 | Werksmans | 14 | 14 | 0 | US$3.8bn |
| 6 | Anjarwalla & Khanna (ALN Kenya) | 10 | 0 | 10 | US$160m |
| 7 | DLA Piper Africa (South Africa) | 9 | 9 | 0 | US$3.7bn |
| 8 | BLC Robert & Associates (ALN Mauritius) | 8 | 0 | 8 | US$95m |
| 9 | Iseme, Kamau & Maema Advocates (DLA Piper Africa, Kenya) | 7 | 0 | 7 | US$267m |
| 10 | Kaplan & Stratton | 7 | 0 | 7 | value n/d |
| 11 | DLA Piper | 5 | 5 | 0 | US$3.2bn |
| 12 | Engoru, Mutebi Advocates | 5 | 0 | 5 | value n/d |
| 13 | ALN Uganda | MMAKS Advocates | 5 | 0 | 5 | US$8m |
| 14 | White & Case | 4 | 4 | 0 | US$360m |
| 15 | Herbert Smith Freehills Kramer | 3 | 3 | 0 | US$5.6bn |
Sources: firm releases, trade press and external researchers. Imported 3 October 2026. Browse the transactions.