385 transactions on the record

DateTransactionSectorJurisdictionAdvisers
Oct 2026Agri-Vie Fund II (Exeo Capital) acquisition of a significant minority stake in Amos Dairies, with Voxtra AS exitConsumer and RetailUgandaKaplan & Stratton
Oct 2026Barak Assets Recovery acquisition of Seruji (60% stake in Savannah Cement)KenyaKaplan & Stratton
Oct 2026Naivas supermarket chain – acquiring consortium takes a further significant interestConsumer and RetailKenyaKaplan & Stratton
Oct 2026Globeleq Africa Ltd full acquisition of QPEA GT Menengai Ltd (35MW geothermal, Menengai project area, Kenya) from Quantum Power East AfricaPower and RenewablesKenyaBowmans
Oct 2026East Africa Batteries Ltd sale of its shares in Eveready East Africa plc (NSE-listed) to InvestAfrica-FZCO (UAE)ManufacturingMulti-jurisdictionalBowmans
Oct 2026CVC Capital Partners acquisition of the Kenyan portion of Unilever’s global tea plantations businessInfrastructureKenya
Oct 2026Hollard International acquisition of 20% of Apollo Investments (Kenyan insurance group)Banking and Financial ServicesKenya
Oct 2026Africa Poultry Development acquisition of HMH Rainbow (Uganda)Consumer and RetailUganda
Oct 2026Norrsken22 equity acquisition of shares in Workpay (Kenya)TechnologyKenya
Oct 2026Bataleur Investments acquisition of the Morgan Cargo Group Kenyan operations (Morgan Air and Seafreight Logistics)Transport and LogisticsKenya
Oct 2026Vodacom Group acquisition of a 55% stake in Vodafone EgyptTelecomsSouth AfricaWebber Wentzel
Oct 2026Implats acquisition of a Canadian-based primary platinum group metal producer (value adjusted to R5.26bn per provider, R11.4bn transaction value cited)MiningSouth AfricaBaker McKenzie South Africa, Webber Wentzel
Oct 2026Afriwise acquisition of South African legaltech company LawExplorerTechnologySouth AfricaWebber Wentzel
Oct 2026STANLIB Infrastructure Investments acquisition of a minority stake in Africa Data Centres (Cassava Technologies)InfrastructureSouth AfricaAlchemy Law, Bowmans, Fasken (South Africa), Werksmans Attorneys
Oct 2026KCB Group acquisition of a 75% stake in Riverbank Solutions Limited (Zed Payments)Banking and Financial ServicesKenyaIKM Advocates (DLA Piper Kenya)
Oct 2026East Africa Gateway acquisition of 95% of Tanzania International Container Terminal Services (TICTS)InfrastructureTanzaniaBowmans, Clyde & Co
Oct 2026Equity Group Holdings acquisition of a 99.13% stake in Compagnie Generale de Banque (Cogebanque), Rwanda’s fifth-largest bankBanking and Financial ServicesKenya, Rwanda, UgandaAnjarwalla & Khanna (ALN Kenya)
Oct 2026Lipton Teas and Infusions sale of its tea plantation businesses in Kenya, Rwanda and Tanzania to Browns InvestmentsConsumer and RetailKenya, Rwanda, TanzaniaBowmans
Oct 2026Ascent Capital Africa (Ascent Rift Valley Fund) acquisition of a minority stake in Dune Packaging (Kenya)KenyaBowmans, IKM Advocates (DLA Piper Kenya)
Oct 2026CA Sales (Botswana, via subsidiary Pamstad) acquisition of a 35% (option to 55%) stake in Trapin Holdings (Kenya), a route-to-market business with East African operationsConsumer and RetailKenyaAnjarwalla & Khanna (ALN Kenya), JWG Advocates
Oct 2026Norfund and Mahlako Financial Services investment in Anthem (merger of 20+ renewable IPP assets under the IDEAS Fund) – Catalyst PE Deal of the Year 2025Power and RenewablesSouth AfricaCliffe Dekker Hofmeyr, Fasken (South Africa), Webber Wentzel
Oct 2026Harith InfraCo acquisition of assets from the Pan African Infrastructure Development Fund (PAIDF)InfrastructureSouth AfricaWhite & Case
Oct 2026Optasia R6.5bn JSE initial public offering (largest fintech listing on the JSE) with concurrent R4.7bn placement to FirstRandFintechSouth AfricaBowmans, Freshfields, Linklaters, Milbank, Walkers, Webber Wentzel
Oct 2026Aurous Resources (Blyvoor Gold Mine) USD 362m DeSPAC transaction with Rigel Resource Acquisition Corp (NYSE: RRAC), listing on NASDAQMiningSouth Africa
Oct 2026Rebosis Property Fund business rescue – sale of 41 properties to 32 partiesReal EstateSouth AfricaBowmans, Cliffe Dekker Hofmeyr, ENSafrica

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
#FirmDealsSouth AfricaEast AfricaDisclosed value (USD)
1Bowmans513120US$83.9bn
2Webber Wentzel27270US$89.0bn
3ENSafrica27189US$7.6bn
4Cliffe Dekker Hofmeyr16124US$5.7bn
5Werksmans14140US$3.8bn
6Anjarwalla & Khanna (ALN Kenya)10010US$160m
7DLA Piper Africa (South Africa)990US$3.7bn
8BLC Robert & Associates (ALN Mauritius)808US$95m
9Iseme, Kamau & Maema Advocates (DLA Piper Africa, Kenya)707US$267m
10Kaplan & Stratton707value n/d
11DLA Piper550US$3.2bn
12Engoru, Mutebi Advocates505value n/d
13ALN Uganda | MMAKS Advocates505US$8m
14White & Case440US$360m
15Herbert Smith Freehills Kramer330US$5.6bn

Sources: firm releases, trade press and external researchers. Imported 3 October 2026. Browse the transactions.