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

Germany backs South Africa with $235 million climate loan, minerals deal

Germany backs South Africa with a $235 million climate loan, boosting renewables and critical minerals amid U.S. tensions.

Timilehin Adejumobi Timilehin Adejumobi

KoBold Metals bets $50 million on Congo lithium in Africa energy push

KoBold Metals’ $50 million Congo lithium push signals rising U.S. interest in Africa’s critical minerals for EV and clean energy.

Timilehin Adejumobi Timilehin Adejumobi

Inside South African dealmaker Zunaid Moti’s big bet on African frontier markets to capture resource upside

Zunaid Moti targets frontier markets, betting on undervalued African assets to capture long-term gains from rising demand for critical minerals.

Feyisayo Ajayi Feyisayo Ajayi

Tanzanian billionaire Rostam Aziz’s Taifa Gas buys into Songo Songo field as Orca exits

Taifa Gas, owned by Tanzanian billionaire Rostam Aziz, acquires 49% of PanAfrican Energy Tanzania as Orca exits Songo Songo gas field deal.

Feyisayo Ajayi Feyisayo Ajayi

Van der Walt brothers’ AttBid tightens grip on RMH as firm clarifies Grove Mall sale

RMH clarifies Grove Mall sale remains conditional as AttBid nears 43% stake, intensifying takeover battle and shareholder scrutiny.

Feyisayo Ajayi Feyisayo Ajayi

Cross Switch launches Absa Pay in South Africa, expanding digital payments

Cross Switch has launched Absa Pay in South Africa, expanding its payments offering as demand grows for secure, bank-authenticated checkout options across the country’s fast-developing digital economy. The rollout gives merchants a new way to process payments that keeps transactions within a trusted banking environment.  The launch comes as South Africa’s e-commerce market continues to expand, supported by rising smartphone use, improved digital infrastructure and broader acceptance of online shopping. As more consumers move to digital channels, businesses are under…

Oluwatosin Alao Oluwatosin Alao

Hyde Johannesburg blends boho style with skyline views

Hyde Johannesburg opens in Rosebank, blending boho design, skyline views, coworking spaces and award-winning dining at The Bank.

Timilehin Adejumobi Timilehin Adejumobi

Waterfall City project: $45 million hotel, conference expansion in Africa

Attacq Waterfall Investment Company and Rabie Property Group have committed $45 million to expand Waterfall City with a new conference centre and hotel, strengthening Johannesburg’s role in Africa’s business tourism and meetings industry. The project adds fresh capacity to a market that has seen rising demand for large corporate gatherings and international conventions.  The development reflects a broader shift in how companies are planning events, with a stronger focus on integrated precincts that combine accommodation, office space and leisure facilities…

Oluwatosin Alao Oluwatosin Alao

Nigerian business tycoon Taiwo Afolabi to pocket N986.9 million from SAHCO Plc

Nigerian tycoon Taiwo Afolabi will receive N986.85 million dividend from SAHCO Plc for FY2025 after strong earnings growth, report shows today

Feyisayo Ajayi Feyisayo Ajayi