Vertiv, a New York-listed critical infrastructure firm, has agreed to acquire UtilityInnovation Group, a US microgrid and power systems specialist, for approximately $1.45 billion in cash, according to TechTrends KE. The deal, announced on September 2, is aimed at helping data centre operators secure power more quickly as grid constraints slow the rollout of AI infrastructure globally. The acquisition carries additional terms that were not detailed in the announcement.

South African insurer Discovery is acquiring Icario, a US member-engagement firm that serves government health plans, in a deal worth up to R958-million. According to TechCentral, the acquisition will integrate Icario's AI-driven healthtech capabilities into Discovery's Vitality platform. The move expands Discovery's presence in health engagement technology and strengthens its digital health offering for members.

A firm associated with Otudeko's Honeywell Group has acquired a 14% stake in Ikeja Hotel, valued at over N13.5 billion based on Thursday's closing share price. The transaction highlights the ongoing investment activities within the hospitality sector in Nigeria.

On June 30, 2026, Vodacom Group of South Africa finalized the acquisition of a 15 percent stake in Safaricom Plc, marking the largest transaction in the history of the Nairobi Securities Exchange. This deal has raised concerns as it is reported that KES 437 billion was left unclaimed, and the CEO of Safaricom has remained silent throughout the process, according to Kenya Insights.

Adenia has acquired a majority stake in Minet Group from Capitalworks, enhancing its investment in financial services linked to Africa's growth. The deal was finalized on June 30 after obtaining regulatory approvals, as stated by the companies involved. Financial details of the transaction were not disclosed. Minet is recognized as one of Africa's largest independent insurance firms.

Busitema University has acquired a fully electric Kayoola bus from Kiira Motors, following in the footsteps of Makerere University. This move is part of the institution's commitment to adopting homegrown green mobility solutions, promoting sustainable transportation options.