Tanzanian Tycoon Seeks Majority Control of East African Portland Cement With New Bid for NSSF’s 27 % Stake
NSSF is the largest shareholder ahead of the National Treasury. Kalahari currently owns 26.3 million EAPC shares while Bamburi Cement Plc, another Munif‑aligned firm, holds 12.5 %.
Absa, StanChart Uganda Retail Deal Enters COMESA Probe Stage
The regional competition watchdog has opened a formal inquiry into Absa Bank Uganda’s planned acquisition of Standard Chartered Bank Uganda’s wealth and retail banking business,
Goldman Sachs to Acquire Kenya's Mace Consult
Competition Authority has approved the takeover of Mace Consult’s Kenyan units by Consult Bidco, a Goldman Sachs-controlled acquisition vehicle with no activity in Kenya.COMESA Probes Salvo Grima’s Bid for Majority Stake in Noble Outlook Kenya
The COMESA Competition Commission has opened an inquiry into Salvo Grima Kenya’s proposed acquisition of a 75% stake in Noble Outlook Limited.CMA Grants Takeover Exemption to Tanzanian Tycoon in Portland Cement Deal
CMA approved an exemption allowing Tanzanian tycoon Ebrahim Munif’s Kalahari Cement to acquire Holcim’s 29.2% stake in East African Portland Cement without a takeover offer.
Madagascan Telecom Giant Acquires Zuku's Parent Company
AXIAN Telecom’s subsidiary Yas has completed the purchase of 99.63% of Wananchi Group, a major East African broadband and enterprise connectivity provider.KCB Expands Payment Infrastructure Footprint with Pesapal Minority Stake
KCB Group PLC has agreed to acquire a minority stake in Pesapal, a fintech company runs payment processing for online and point‑of‑sale transactionsAfrican Banking Giants Zero In on Kenya as Capital Rules Spark Acquisition Rush
Quick Mart Owners Expand Into Insurance With Minet Mauritius Deal
Bima Holdings Ltd, an investment vehicle backed by Mauritius private-equity firm Adenia Partners, has secured regulatory clearance from the Competition Authority of Kenya (CAK) to acquire 100% of Minet (Mauritius) [...]Mi Vida Management Buys Out Actis Stake
Mi Vida Homes has announced a management-led buyout from Actis, the global sustainable infrastructure investor. “This is the first such transaction involving a residential development platform in our market,” said [...]COMESA Probes Wasoko–MaxAB Merger
The regional competition watchdog for Eastern and Southern Africa has opened an inquiry into the merger between Kenya’s Wasoko and Egypt’s MaxAB B.V., a deal that created one of Africa’s [...]GenAfrica-Backed Batian Fund Cleared to Buy Riverside Towers in Nairobi
The Competition Authority of Kenya has approved GenAfrica-backed Batian Property Fund’s full acquisition of Riverside Towers Limited, the company that owns and manages The Cube commercial property in Westlands, Nairobi. [...]
