Letshego Africa Enters Final Stage Negotiations for Sale of East and West African Assets
Letshego Africa Holdings Limited has announced that it is in the final stages of negotiations with a potential counterparty for the sale of selected assets across its East and West African operations, according to a cautionary announcement update issued on March 23, 2026.
The Group noted that discussions remain ongoing following earlier disclosures, with the latest update indicating progress toward a potential binding agreement.
“Shareholders are advised that the Company is in the final stages of negotiations with the potential counterparty for the sale of some of its assets in East and West Africa,” the statement said.
Despite the advanced stage of discussions, Letshego Africa cautioned that there is no certainty the negotiations will result in a concluded transaction.
The company further indicated that any successful deal would be subject to obtaining the necessary regulatory approvals, as well as compliance with the Botswana Stock Exchange (BSE) Equity Listings Requirements.
“A corporate transaction(s), if concluded, may have a material effect on the price of the Company’s securities,” the Board noted, urging shareholders to continue exercising caution when trading in the company’s shares.
Letshego Africa also sought to reassure stakeholders that its operations remain unaffected by the ongoing negotiations.
“The Board wishes to remind shareholders that all Group and subsidiary businesses remain uninterrupted and continue to operate as usual,” the statement added.
The announcement forms part of the company’s ongoing disclosure obligations, with management expected to provide further updates as negotiations progress or upon conclusion of any binding agreement.
