Business

African Business News: Latest Updates, Deals, and Market Trends

Stay ahead with the latest African business news, covering major deals, corporate movements, economic trends, and investment opportunities shaping the continent. At Shore Africa, we deliver timely and insightful reporting on the companies, industries, and leaders driving growth across Africa’s rapidly evolving business landscape.

From high-profile acquisitions and cross-border investments to emerging startups and policy shifts, our business coverage is designed to keep investors, entrepreneurs, and decision-makers informed. Whether it’s developments in banking, energy, fintech, manufacturing, or consumer markets, we break down complex stories into clear, actionable insights.

Recent highlights include major transactions such as the Minkama Capital takeover of Chococam in Cameroon, alongside broader coverage of Africa’s expanding private equity activity and strategic corporate restructuring across key markets. These stories reflect a wider trend of increasing investor confidence and deal-making momentum across the continent.

Our African business news section also tracks macroeconomic shifts, including inflation trends, currency movements, and government policies that impact businesses and investors. By connecting these developments to real-world corporate outcomes, we help you understand not just what is happening, but why it matters.

Explore our latest business stories below to stay informed on Africa’s most important commercial developments. For deeper insights, you can also read our coverage on:

Whether you are an investor, founder, or business enthusiast, this page serves as your hub for the latest business news in Africa.

TotalEnergies expands Congo footprint with hydrocarbons discovery

TotalEnergies expands Congo offshore Moho field with new oil and gas discovery, boosting West Africa upstream production outlook.

Timilehin Adejumobi Timilehin Adejumobi

Master Power Technologies opens $3 million Customer Experience Center in Midrand

MPT unveils $3 million Customer Experience Centre Midrand, advancing Africa’s data centre and critical power innovation.

Timilehin Adejumobi Timilehin Adejumobi

Wema Bank partners Duplo to expand into business financial software 

The partnership integrates Duplo’s financial management tools into ALAT Business, Wema’s digital platform for corporate clients.

Timilehin Adejumobi Timilehin Adejumobi
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Latest Business News

Zambia seeks to transform Africa’s mineral trade with metals exchange

Zambia plans a Pan-African metals exchange to boost mineral value addition, strengthen regional trade and create more jobs across Africa.

Oluwatosin Alao Oluwatosin Alao

Siemens opens Egypt factory to expand local manufacturing and automation

Siemens opens a new Egypt factory to boost local manufacturing, strengthen energy infrastructure and support the country’s renewable power goals.

Oluwatosin Alao Oluwatosin Alao

Standard Bank backs Tolaram with term financing after Guinness Nigeria deal

Standard Bank refinances Tolaram’s Guinness Nigeria deal with term financing, shifting from bridge funding to long-term capital strategy.

Feyisayo Ajayi Feyisayo Ajayi

Ibrahim Sagna hails Fatima Dangote after Africa’s largest $2.5 billion private placement

Dangote refinery raises $2.5 billion in record private placement, drawing strong praise from investor including Ibrahim Sagna ahead of planned IPO and global expansion push.

Feyisayo Ajayi Feyisayo Ajayi

Madagascar’s rare earths draw US support as China supply grip tightens

Madagascar rare earths gain U.S. backing as Washington seeks alternatives to China’s grip on critical mineral supply chains.

Timilehin Adejumobi Timilehin Adejumobi

Meet Egypt’s businessman, Ali Dayekh, with over $150 million worth of shares on EGX

Egypt's businessman, Ali Dayekh holds over $150 million in EGX shares, with major stakes in banking, distribution, and investment firms.

Feyisayo Ajayi Feyisayo Ajayi

Proparco, IFC back $356 million upgrade of Trans-Gabon Railway

Proparco and IFC back $356 million Trans-Gabon Railway upgrade, boosting infrastructure, safety and regional connectivity.

Feyisayo Ajayi Feyisayo Ajayi

Crypto Exchange Luno cuts 20% of global jobs in major restructuring

Luno cuts 20% of jobs as the crypto exchange restructures operations, expands institutional services and targets emerging market growth.

Oluwatosin Alao Oluwatosin Alao

New $6 million Epione Health Village opens in South Africa’s Rosebank   

Epione Health Village opens in Rosebank, bringing doctors, surgery, diagnostics and pharmacy under one roof.

Timilehin Adejumobi Timilehin Adejumobi