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

UBA Group, BII partner to unlock trade finance across Africa

UBA, BII join to expand trade finance across Africa, bridging $80 billion gap and boosting SMEs via AfCFTA opportunities.

Feyisayo Ajayi Feyisayo Ajayi

KoBold Metals eyes early-2030s copper output in Zambia’s $2.5 billion project

KoBold advances Zambia copper project, eyes early-2030s production timeline

Timilehin Adejumobi Timilehin Adejumobi

Elsewedy Electric’s Rowad begins major logistics upgrade at Riyadh airport

Elsewedy Electric’s Rowad begins major Riyadh airport upgrade, boosting cargo capacity and advancing Saudi Arabia’s logistics ambitions.

Feyisayo Ajayi Feyisayo Ajayi

Namibia’s investment agency gets IFC advisory program funding  to unlock private capital

IFC funds Namibia advisory program to boost private investment and develop bankable projects across key sectors.

Feyisayo Ajayi Feyisayo Ajayi

Kenyan tycoon Gideon Muriuki set for $2.3 million Co-op Bank Kenya dividend

Kenyan tycoon Gideon Muriuki set for $2.3 million dividend as Co-op Bank Kenya posts stronger earnings, higher profits, and expanded customer base.

Feyisayo Ajayi Feyisayo Ajayi

Zenith Bank hits $3.3 billion market cap under Adaora Umeoji as Nigeria’s most valuable bank

Zenith Bank reaches $3.3 billion market cap under Adaora Umeoji, becoming Nigeria’s most valuable bank with global expansion plans.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Exxaro reports $461 million earnings in 2025 as coal drives growth

Exxaro Resources Limited reports $461 million earnings in 2025 as coal output, exports and disciplined costs support growth.

Omokolade Ajayi Omokolade Ajayi

IFC Kenya2Equal initiative targets gender gaps in Kenya’s private sector

IFC launches Kenya2Equal, a three-year initiative to close gender gaps and boost women’s participation in Kenya’s private sector.

Feyisayo Ajayi Feyisayo Ajayi

10 companies owned by Nigerian businessman, Musbahu Mohammed Bashir

Musbahu Bashir built a diversified empire across telecom, finance, energy and real estate, shaping Nigeria’s economy quietly.

Feyisayo Ajayi Feyisayo Ajayi