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

ADvTECH’s Africa expansion lifts operating profit past $120 million in 2025

ADvTECH Group, Africa’s largest private education provider, reported its strongest results to date, crossing the $120 million mark in operating profit for the year ended Dec. 31, 2025. The company said operating profit rose 14 percent to R2.04 billion ($120.7 million), up from R1.8 billion ($106.5 million) a year earlier, as steady enrollment gains and measured fee increases supported growth across its core units. Revenue followed a similar pattern, climbing 10 percent to R9.33 billion ($552 million) from R8.5 billion…

Omokolade Ajayi Omokolade Ajayi

Sterling HoldCo: A Story of Quiet Strength, Stakeholder Confidence

Sterling HoldCo raises N200 billion, boosts Sterling Bank and Alternative Bank, signaling investor confidence and regulatory compliance.

Feyisayo Ajayi Feyisayo Ajayi

Cameroonian Cyrille Nkontchou’s Enko Education secures $22 million from Standard Bank for African expansion

Enko Education secures $22 million from Standard Bank to expand across Africa, boosting access to high-quality, global education.

Feyisayo Ajayi Feyisayo Ajayi

IFC invests $45 million in clean telecom power to boost Africa connectivity

IFC commits $45 million to IPT PowerTech to expand clean telecom power, boosting connectivity across Ethiopia, Liberia, and Sierra Leone.

Feyisayo Ajayi Feyisayo Ajayi

10 university owners driving Africa’s education revolution

Africa’s higher education revolution fueled by private university founders

Timilehin Adejumobi Timilehin Adejumobi

Kenya Airways’ bookings climb, providing temporary relief from $2.4 billion liabilities

Kenya Airways sees seat occupancy near full capacity, offering temporary relief from $2.4 billion in liabilities.

Omokolade Ajayi Omokolade Ajayi

Anglo American moves to delist shares from SIX Swiss Exchange

Anglo American will delist shares from the SIX Swiss Exchange on June 26, citing low trading volumes as it prepares to merge with Teck Resources.

Timilehin Adejumobi Timilehin Adejumobi

Kenya unveils 30% incentive to boost cruise tourism, national park visits

Kenya is moving to capture more value from Africa’s growing cruise tourism market, introducing a 30% group incentive to encourage passengers arriving at the coast to visit its national parks. The plan is part of a wider effort to raise tourism revenue and draw more visitors inland.  The policy focuses on a clear gap. Cruise ships continue to call at Mombasa, but only a small share of passengers go beyond the coast to explore Kenya’s wildlife areas. Officials say increasing…

Oluwatosin Alao Oluwatosin Alao

10 African cities leading the smart tech revolution

Explore 10 African cities transforming urban life with smart tech, AI, and data-driven solutions leading the digital revolution.

Timilehin Adejumobi Timilehin Adejumobi