Opinion

The Africa Perspective

Word count: 1005

Africa’s M&A market found firmer footing in 2026, arresting the recent slide. Through July, deal value involving African targets or acquirers reached $11.6 billion, up 19% from $9.7 billion in the same period of 2025. But deal volume fell 32%, from 294 transactions to 200. The increase in deal value modestly outpaced that of the global market, which was about 19% over the same period even as global deal volume declined by 16%.