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 billionaire Abdul Samad Rabiu to pocket N806 billion from BUA Foods, Cement

Abdul Samad Rabiu to collect N806 billion from dividends of BUA Foods and BUA Cement following record profits and growth in 2025.

Omokolade Ajayi Omokolade Ajayi

Radisson expands in South Africa with 155-room Umhlanga project

Radisson Hotel Group is stepping up its expansion in Africa, with South Africa at the center of its latest push. The company plans a 155-room serviced apartment project in Umhlanga, a fast-growing coastal business district near Durban.  The investment reflects renewed interest in Africa’s hospitality sector, as international hotel operators respond to a steady pickup in business travel and tourism. South Africa remains a key entry point, supported by developed infrastructure, strong corporate demand and well-known travel routes.  Across the…

Oluwatosin Alao Oluwatosin Alao

$3.3 billion gold offtake deal links Singapore’s Trafigura with Ghanaian mine

Trafigura signs $3.3 billion gold deal to buy 700,000 ounces from Ghana’s Bogoso–Prestea mine.

Omokolade Ajayi Omokolade Ajayi

Indorama to invest $525 million in Egypt fertilizer plant, eyes 80% exports

Egypt is stepping up efforts to expand its fertiliser industry, betting on exports to drive growth as global demand rises. New investment is flowing into the Suez Canal Economic Zone, where authorities are positioning the corridor as a base for large-scale manufacturing.  The latest project comes from Indorama Corporation, which is building its presence in North Africa with a new phosphate fertiliser plant designed mainly for overseas markets. The move reflects a wider push by governments across the region to…

Oluwatosin Alao Oluwatosin Alao

Zimbabwean billionaire Strive Masiyiwa’s Econet InfraCo plans Victoria Falls resort after $1 billion listing

Econet InfraCo is developing a luxury villa resort in Victoria Falls after its $1 billion listing, signaling a bold move into Africa’s high-end tourism market

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s richest man, Johann Rupert, gains $1.7 billion on Richemont rebound

Johann Rupert gains $1.7 billion, lifting his net worth to $17.7 billion and strengthening his position as South Africa’s richest man.

Omokolade Ajayi Omokolade Ajayi

Glencore, Taiwan refiner book tankers for Middle East oil after ceasefire

Glencore and CPC secure tankers as Middle East oil flows restart after US-Iran ceasefire, easing supply fears and boosting Asia shipments.

Timilehin Adejumobi Timilehin Adejumobi

Jankielsohn family’s $9 million Piketberg mall expansion nears completion

Piketberg Mall is nearing completion of a $9 million expansion led by the Jankielsohn family and financed by Nedbank.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s RMH moves to overhaul board as AttBid takeover nears completion

South Africa’s RMH nears full takeover by AttBid, triggering board overhaul and signaling the final step in asset monetization.

Feyisayo Ajayi Feyisayo Ajayi