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.

Latest Business News

Nigeria-Morocco $25 billion gas pipeline nears deal as 13 nations join

Africa’s 6,900-km Nigeria-Morocco gas pipeline nears agreement, boosting supply, power growth and exports to Europe.

Omokolade Ajayi Omokolade Ajayi

Kenya’s biggest opposition leader, Raila Odinga family shifts Be Energy stake offshore

Odinga family shifts 35% Be Energy stake offshore to BVI entity, signaling ownership restructuring and regional investment strategy shift.

Feyisayo Ajayi Feyisayo Ajayi

Mobica targets $20 million investment as Egypt’s auto manufacturing expands

Egypt’s effort to build a stronger domestic auto industry is moving beyond policy statements as new private investment begins to flow into local supply chains. The government has been working to reduce reliance on imported vehicle parts while encouraging manufacturers to produce more components inside the country.  The shift is becoming more visible as companies start to adjust their long-term plans. Rather than focusing only on final assembly, firms are increasingly looking at parts production, materials, and supplier networks. Officials…

Oluwatosin Alao Oluwatosin Alao

IFC weighs $30 million trade finance backing for Nitron to boost global fertilizer flows

IFC weighs $30 million backing for Nitron trade facility to boost fertilizer supply chains, food security, and agricultural resilience.

Feyisayo Ajayi Feyisayo Ajayi

MTN Nigeria rolls out first 25Gbps microwave link in sub-Saharan Africa

MTN Nigeria has taken a step forward in its network upgrade plans after testing what it says is the first commercial 25Gbps full-duplex microwave link in sub-Saharan Africa, working with Huawei Nigeria. The trial, carried out on the E-band (80 GHz) spectrum, points to how operators are seeking faster, more efficient ways to support 5G services in Nigeria.  The move comes as demand for reliable, high-speed internet continues to rise in Africa’s largest telecom market. More users are streaming video,…

Oluwatosin Alao Oluwatosin Alao

Standard Bank COO Margaret Nienaber earns $4.4 million salary in 2025

Margaret Nienaber earns $4.4 million in 2025 as Standard Bank rewards strong performance and sustained growth across African markets.

Feyisayo Ajayi Feyisayo Ajayi

VivaJets secures $15 million from TLG Capital to expand West Africa aviation network

VivaJets secures $15m from TLG Capital to expand West Africa aviation, launching Abidjan hub and boosting regional charter services.

Timilehin Adejumobi Timilehin Adejumobi

How Moi family built institutional wealth strategy across Kenya’s economy

Moi family pivots from land wealth to institutional influence, reshaping Kenya’s economic power structure.

Feyisayo Ajayi Feyisayo Ajayi

Botswana, Oman strike energy, mining deals to boost Africa ties

Botswana is stepping up efforts to reduce its reliance on diamonds, signing new agreements with Oman that span energy, mining and infrastructure. The deals come as the Southern African country faces softer global demand for diamonds, a sector that has long supported public finances and economic growth.  For years, diamonds have accounted for about a third of Botswana’s economy. But falling prices and growing competition from lab-grown stones have begun to weigh on revenues, prompting officials to look for new…

Oluwatosin Alao Oluwatosin Alao