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SADC Deals Brief · 5 October 2026 to 11 October 2026

SADC Deals Brief, week of 5 October 2026

42 deals across 10 SADC countries this week, led by South Africa with 18. Disclosed value: US$338 million.

The week’s biggest deals

  1. Private equity · Madagascar · US$5.0bn · Announced · reported, not yet confirmed
    Gemcorp joins Madagascar to raise $5 billion for energy, mining
  2. Capital markets · Zimbabwe · US$1.5bn · Announced · reported, not yet confirmed
    Zambia Finalises U.S.$1.5 Billion U.S. Health Funding Deal As Zimbabwe Rejects Terms
  3. Capital markets · Angola · US$1.5bn · Announced · reported, not yet confirmed
    Yinson prices $1.46bn bond issue to refinance offshore oil vessel in Angola
  4. M&A · South Africa · US$363m · Reported talks · reported, not yet confirmed
    Shutdown of 72-year-old factory in South Africa could blow up R6.5 billion merger
  5. Bank financing · Zambia · US$250m · Announced · reported, not yet confirmed
    Exergy secures US$250 million from Mercuria for Zambia power projects
  6. M&A · Zimbabwe · US$125m · Announced · reported, not yet confirmed
    US$125m Manhize-Mvuma railway deal sealed

The week in numbers

South Africa18
Zambia5
Tanzania5
Zimbabwe4
Namibia4
Angola2
Madagascar1
Malawi1

15 confirmed by a regulator, exchange, lender or party; 27 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 businesses after a decade and…

Elections coming up

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