Why This Matters
Despite global deal activity dipping in 2025, Africa continues to attract high-value transactions—especially in natural resources, fintech, and digital infrastructure. We’ve highlighted some of the most significant recent deals, along with key trends and regional insights, to help you stay informed and position your strategy.
Landmark African M&A Deals
Nedbank Sells Ecobank Stake
South Africa’s Nedbank Group has signed a $100 million deal to sell its 21.2% stake in Ecobank to Bosquet Investments, led by Alain Nkontchou. The divestment is driven by strategic shifts and regulatory changes and is slated to finalize in Q4 2025.
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Pepkor Acquires Korean Apparel Brands
In a $107 million deal, South Africa’s Pepkor has acquired Legit, Swagga, Style, and Boardmans from Retailability, adding 462 stores across southern African markets—a strategic move to strengthen its adult-wear portfolio.
Reuters
Huaxin Cement Takes Over Lafarge Africa
Holcim is selling its nearly 84% stake in Lafarge Africa to China’s Huaxin Cement in a landmark $1 billion deal—highlighting the ongoing consolidation of Africa’s construction and infrastructure sector.
Reuters
Noteworthy Trends & Insights
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Boom in Tech M&A
African tech recorded a record 29 M&A deals in H1 2025, with investments surging 78%, especially in fintech and regional expansions led by Nigeria and Egypt.
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Energy Giants Rebalance
Shell offloaded onshore assets in Nigeria in a $2.4 billion deal to Renaissance Africa Energy; TotalEnergies spun off a 10% stake in Shell Nigeria to Chappal Energies for $860 million.
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Covid Rebound & Diverging Deal Dynamics
In 2024, Africa saw a drop in M&A volume but an 85% increase in deal value, driven largely by mega-deals in mining and natural resources, particularly in South Africa, Nigeria, and Egypt.
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Q1 2025 Momentum
M&A value in the Middle East & Africa surged 35% year-on-year in Q1 2025 to $15 billion, with South Africa leading on deal volume—a sign of renewed investor interest.
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Why These M&A Highlights Matter to You
| Strategic Insight | What It Means for Investors |
|---|---|
| Sector Condensation | Target high-consolidation areas—tech, resources |
| Cross-Border Dynamics | Build for regional scale with pan-African intent |
| Regulatory Readiness | High-value M&A demands careful oversight |
| Digital Transformation Accelerated | Tech M&A signals future-proof opportunity play |
Why Clinton Consultancy Is Your Deal Partner
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Front-row Access to decision-makers and regulators on both deal sides.
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Cross-Border Structuring Expertise — enabling seamless acquisition and integration.
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Dedicated Dispute Resolution — from merger conflicts to post-deal execution.
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Sector Mastery — deep knowledge across mining, fintech, healthcare, infrastructure, and more.
Next Steps
Ready to explore or execute your own high-impact M&A strategy?
Email: amanda@clintonconsultancy.com (cc: info@clintonconsultancy.com)
WhatsApp/Call: +233 27 252 2695
