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SADC Deals Brief · 28 September 2026 to 4 October 2026

SADC Deals Brief, week of 28 September 2026

19 deals across 8 SADC countries this week, led by Tanzania with 5. Disclosed value: US$738 million.

The week’s biggest deals

  1. Capital markets · Zimbabwe · US$1.6bn · Announced · reported, not yet confirmed
    Bard Santner gives Zimbabwean investors route into US$1.6bn Dangote IPO
  2. M&A · Angola, Mozambique · US$310m · Approved · reported, not yet confirmed
    White & Case advises Etu Energias on US$310 million acquisition of upstream Angolan assets
  3. Development finance · Tanzania · US$200m · Approved
    World Bank approves Tanzania Transport Integration Project
  4. Development finance · Tanzania · US$65m · Approved
    World Bank approves DAR es Salaam Metropolitan Development Project Phase 2
  5. Capital markets · Botswana · US$59m · Announced
    PRESS RELEASE Letshego launches landmark P800 million fully underwritten rights offer to strengthen its capital position and bal
  6. Private equity · Zambia · US$5m · Announced · reported, not yet confirmed
    Acumen invests US$5mn in Sun King Zambia

The week in numbers

Tanzania5
Zambia4
Namibia4
South Africa3
Botswana2
Zimbabwe1
Angola1
Mozambique1

10 confirmed by a regulator, exchange, lender or party; 9 reported in the news.

Analysis

  • EcoCash might finally be seeing Opportunity in regulation
    EcoCash, Zimbabwe’s largest Mobile Money Operator, recently announced that it is undertaking a wider rollout of its change solution for retail and other operators. This development is significant because the United States Dollar (USD) is legal tender in Zimbabwe and remains the preferred currency for value preservation among consumers and…

Elections coming up

  • South Africa: local election, 2026-11-04