Barclays Sees Surge in Africa, Asia Cross-Border Deal Flows

The Barclays Plc office in Johannesburg, South Africa.Photographer: Dean Hutton/Bloomberg

Barclays Plc has a strong pipeline of deals across its investment and private-banking businesses in Africa as cross-border deal flow picks up and the continent’s largest economy shows signs of recovery, the head of its South African unit said.

The Middle East, India and Singapore are doing additional transactions in the region, and this will likely increase in 2026, Amol Prabhu said in an interview. The British lender recently advised on a transaction where Qatar Investment Authority invested $500 million in Africa-focused metals and mining firm Ivanhoe Mines Ltd.