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

Kenya banker James Mwangi leads Equity Group to $555.4 million profit in 2025

Kenya’s Equity Group reports $555.4 million profit in 2025, driven by regional diversification and strong income growth.

Feyisayo Ajayi Feyisayo Ajayi

Ovaltine to open $32 million first Africa plant in Nigeria

Ovaltine to invest $32M in Lagos plant, creating jobs and expanding exports as UK–Nigeria trade and manufacturing ties deepen.

Timilehin Adejumobi Timilehin Adejumobi

Kenya Airways, CemAir sign deal to expand South Africa routes

Kenya Airways partners with CemAir to expand South Africa routes, offering seamless connections across African destinations for travelers.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian banker and lawyer Sa’adat Mohammed’s Jaiz Bank stake tops $30 million

Sa’adat Hamza Mohammed’s Jaiz Bank stake tops $30 million after a sharp rally in shares on Nigeria’s stock exchange.

Feyisayo Ajayi Feyisayo Ajayi

Antoine Delaporte’s Adenia hits $180 million first close, unveils first investment

Adenia Partners hits $180 million at the first close of its Adenia Entrepreneurial Fund I and announces its first investment.

Timilehin Adejumobi Timilehin Adejumobi

Kenyan tycoon Gideon Muriuki-led Co-op Bank to distribute $113 million dividend

Co-op Bank plans $113 million dividend after 2025 profit growth, reinforcing investor confidence and strong balance sheet expansion.

Feyisayo Ajayi Feyisayo Ajayi

UBA, NiDCOM deepen collaboration to boost diaspora investment in Nigeria

UBA and NiDCOM strengthen ties to channel diaspora investment, offering Africans abroad seamless access to Nigeria’s growth opportunities.

Editorial Team Editorial Team

Co-op Bank shatters records with $230 million profit under Gideon Muriuki

Co-op Bank posts record $230 million profit as income rises, efficiency improves and dividend payout jumps sharply in 2025.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s Zedvance targets $185 million in business loans by 2026

Zedvance targets $185 million in business loans by 2026 to boost Nigerian SMEs and expand credit access.

Editorial Team Editorial Team