1,137 transactions on the record

DateTransactionSectorJurisdictionAdvisers
Oct 2026Lightrock US$40m investment into Sun King (Nairobi-headquartered off-grid solar energy company)Power and RenewablesMulti-jurisdictionalOlaniwun Ajayi LP
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 2026East African Breweries PLC KES 20bn medium-term note programme (NSE-listed)Consumer and RetailMulti-jurisdictionalBowmans
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
Oct 2026Sibanye-Stillwater USD 500m unsecured convertible bondMiningSouth AfricaENSafrica
Oct 2026Vision Invest (Saudi Arabia) USD 700m investment in Arise Integrated Industrial Platforms (Arise IIP) – one of Africa’s largest private infrastructure capital raisesInfrastructureSouth AfricaNorton Rose Fulbright
Oct 2026Prosus c.US$1.7bn acquisition of Despegar.com (Latin American online travel agency)South AfricaWebber Wentzel
Oct 2026Gold Fields A$3.3bn acquisition of Gold Road Resources (ASX) and US$750m bond offeringMiningSouth AfricaWebber Wentzel
Oct 2026Prosus EUR 4.1bn acquisition of Just Eat Takeaway.com (cross-border public offer)Consumer and RetailSouth AfricaWebber Wentzel
Oct 2026Anglo American plc / Teck Resources Limited merger (Anglo Teck plc) – second-largest M&A transaction in South African historyMiningSouth AfricaBowmans, Felesky Flynn, Freshfields, Latham & Watkins, Stikeman Elliott, Torys, Wachtell, Lipton, Rosen & Katz, Webber Wentzel
Oct 2026Vantage Capital R635m mezzanine investment into Commercial Energy South Africa (SolarAfrica)Power and RenewablesSouth AfricaWerksmans Attorneys
Oct 2026Phatisa sale of a controlling shareholding in Meridian Group (fertiliser and agricultural commodities, Mauritius and South-East Africa) to Ma’adenConsumer and RetailSouth AfricaDLA Piper
Oct 2026Nampak Limited disposal of Nampak Cartons Nigeria to AR Packaging Group AB (Alucan Investments)South AfricaDLA Piper
Oct 2026Adenia Partners acquisition of a controlling stake in Kanu Equipment (mining, earthmoving, agriculture and construction equipment distributor across Africa)MiningSouth AfricaDLA Piper
Oct 2026Norfund acquisition of a 30% stake in Globeleq Africa (operating power company across sub-Saharan Africa), including shareholder arrangements with BIIPower and RenewablesSouth AfricaDLA Piper Africa (South Africa)
Oct 2026in2food Holdings disposal of 100% of its issued shares to Woolworths HoldingsManufacturingSouth AfricaDLA Piper Africa (South Africa)
Oct 2026SuperSport International sale of SuperSport United football club to Siwelele FC (competitive sale process run by counsel)InfrastructureSouth Africa
Oct 2026STOA (French infrastructure/impact investor) USD 27m equity investment in Atlas Tower Kenya (ATK, 450+ telecom towers)InfrastructureKenyaBowmans
Oct 2026Acquisition of E4 Strategic (specialist fintech) by a private equity consortium led by Infinite PartnersFintechSouth AfricaDLA Piper Africa (South Africa)
Oct 2026Axian Group acquisition of Wananchi Group Holdings (Kenya, Uganda, Tanzania, Malawi, Mauritius)TelecomsKenya, Mauritius, Tanzania, UgandaBowmans, Cliffe Dekker Hofmeyr, Engoru, Mutebi Advocates
Oct 2026Exit by Apis Partners, Crossfin Holdings and IFC of iKhokha to NedbankBanking and Financial ServicesSouth AfricaBowmans, Webber Wentzel
Oct 2026Haier Smart Home (Qingdao) acquisition of Electrolux Group’s complete equity interest in Electrolux South AfricaManufacturingSouth AfricaDLA Piper Africa (South Africa)

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.