This morning’s transactions show expansion crossing borders while local permissions still decide what can move: a Southern African fuel corridor is launched, an African payments company buys a Brazilian platform, growth capital backs international scale and a blocked robotics deal is being redesigned around China.

Namibia launches a proposed US$2.5 billion regional fuel platform

Namibia launched plans for a US$2.5 billion Dangote fuel-storage and regional-pipeline platform. The proposed network combines a 600-million-litre facility near Walvis Bay with routes intended to serve Botswana, Zambia, Zimbabwe, Malawi and parts of the Democratic Republic of the Congo. The launch is material, but the investment becomes a transaction only as permits, financing, construction phases and contracted throughput become visible.

Story: African Press Agency

Yellow Card completes acquisition of GoMoney

Yellow Card completed the acquisition of Brazilian virtual-asset service provider GoMoney, establishing direct operations in Latin America’s largest market. GoMoney remains founder-led and operates under Brazil’s transitional regime while its application for full authorisation is reviewed. Ownership has changed; the next value test is whether regulation, local payment rails and group liquidity can be integrated without slowing growth.

Story: Yellow Card

Al Mada Ventures leads Journify’s US$12 million Series A

Journify raised a US$12 million Series A led by Morocco-based Al Mada Ventures and co-led by Silicon Badia. The company plans to use the capital for US and European expansion and further AI development. The round matters because international growth now has to prove itself through customer economics, product reliability and disciplined cash deployment, not a higher valuation alone.

Story: Journify

SoftBank and ABB reportedly consider a China carve-out

SoftBank and ABB are reported to be considering a carve-out of ABB’s China robotics operations after Beijing blocked their US$5.4 billion deal. Neither company confirmed the reported structure. A China exclusion could preserve the wider acquisition, but it would also change the perimeter, valuation, customer reach and separation cost.

Story: Reuters

Adani Ports agrees debt-funded Evos acquisition

Adani Ports agreed to acquire Dutch storage operator Evos in a transaction valued at €2.5 billion, including €1.18 billion of equity value. The debt-funded acquisition remains subject to approvals. The strategic promise is a European foothold; the operating proof will be stable utilisation, durable cash flow and an integration plan that can carry the financing.

Story: Reuters

What the structure tells us

Africa’s lead development is an infrastructure promise whose value sits in the connections between countries, not in one facility. The global transactions make the same point from a different direction: buying a local platform, funding an expansion or redrawing a deal perimeter only works when the operating permissions travel with the capital.

That is why 0to1 follows the transaction rather than only the headline. The announcement tells us what the parties want; the status, perimeter, financing and next dependency tell us whether it can become real.

Topics in this edition

Africa · M&A · infrastructure · growth capital · payments · carve-outs · cross-border transactions