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

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

South African Van der Walt brothers’ AttBid buys extra 5 million shares amid RMH takeover push

AttBid raises RMB Holdings stake near 43% after buying 5.13 million shares, accelerating takeover bid and control push of the JSE-listed firm.

Feyisayo Ajayi Feyisayo Ajayi

South African executive Sim Tshabalala earned $6.4 million from Standard Bank in 2025

Standard Bank CEO Sim Tshabalala earned $6.4 million in 2025 as profit rose to $3.43 billion and dividends increased.

Omokolade Ajayi Omokolade Ajayi

Ascott expands Nairobi footprint with 160-key Citadines property deal   

Ascott signs 160-key Citadines Westview Nairobi in Kilimani, expanding its Kenya hospitality footprint and Africa pipeline through 2028.

Timilehin Adejumobi Timilehin Adejumobi

Capitec’s market cap tops $30 billion, regains title as Africa’s most valuable bank

Capitec Bank’s market cap climbs above $30 billion, reclaiming its position as Africa’s most valuable lender after share price gains in Johannesburg.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Sirius Real Estate posts 6.4% rent growth as $542 million acquisitions drive expansion

Sirius Real Estate reports 6.4% rent growth, driven by acquisitions and strong leasing demand across Germany and the U.K.

Feyisayo Ajayi Feyisayo Ajayi

TotalEnergies expands Congo footprint with hydrocarbons discovery

TotalEnergies expands its Congo Moho offshore field with a new hydrocarbon discovery, strengthening West Africa production growth.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian auto magnate Michael Ade-Ojo to pocket $1.9 million from Custodian Investment

Michael Ade-Ojo set for $1.9 million payout as Custodian Investment boosts dividend on strong 2025 earnings growth.

Feyisayo Ajayi Feyisayo Ajayi

Kenya’s Sasini Plc moves to sell Nairobi avocado plant amid strategy shift

Sasini Plc plans to sell its Nairobi avocado plant after returning to profit, signaling a strategic shift in its horticulture portfolio.

Feyisayo Ajayi Feyisayo Ajayi