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SADC Deals Brief · 19 October 2026 to 25 October 2026

SADC Deals Brief, week of 19 October 2026

51 deals across 7 SADC countries this week, led by South Africa with 17. Disclosed value: US$3,697 million.

The week’s biggest deals

  1. Bank financing · Zimbabwe · US$2.0bn · Announced · reported, not yet confirmed
    AfreximBank US$2 billion facility puts Zimbabwe’s agricultural exports in focus
  2. Capital markets · Tanzania · US$1.3bn · Announced · reported, not yet confirmed
    Tanzania’s Biggest Lender Plans $1.3 Billion Bond Program
  3. M&A · Zimbabwe · US$1.0bn · Announced · reported, not yet confirmed
    UNDP flags US$923m investment opportunity in Zimbabwe’s last mile
  4. M&A · South Africa · US$777m · Approved
    NEDBANK GROUP LIMITED - Nedbank Groups Offer to Acquire C. 66% Of NCBA Group Plc (NCBA) Becomes Unconditional
  5. M&A · South Africa · US$610m · Announced · reported, not yet confirmed
    South Africa moves towards $610 million takeover of Lakshmi Mittal’s struggling steelmaker as state-owned IDC prepares to assume $430 million debt
  6. M&A · South Africa · US$559m · Announced · reported, not yet confirmed
    R10 billion deal to buy South African steel giant

The week in numbers

South Africa17
Zimbabwe8
Namibia8
Tanzania7
Mozambique6
Botswana3
Zambia2

14 confirmed by a regulator, exchange, lender or party; 37 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