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

Airtel Africa Foundation invests $6.2 million in education, digital inclusion across Africa

Airtel Africa Foundation invests $6.2 million to expand education, digital access, and skills development across underserved African communities.

Feyisayo Ajayi Feyisayo Ajayi

Kenya Airways plans $1.5 billion capital injection for expansion

Kenya Airways capital injection plan targets $1.5 billion to expand its fleet, boost routes and strengthen Africa aviation growth.

Timilehin Adejumobi Timilehin Adejumobi

Kenya’s 54-year-old Ufundi SACCO lists Co-op Plaza for sale over $2 million loan

Ufundi SACCO lists Nairobi’s Co-op Plaza for sale to settle a $2 million loan after a court-backed ownership ruling.

Feyisayo Ajayi Feyisayo Ajayi

Samsung launches innovation program with Durban University of Technology

Samsung partners DUT to launch Innovation Campus, training youth in AI, coding and digital skills to close SA’s skills gap.

Oluwatosin Alao Oluwatosin Alao

ADQ tightens grip on Egypt’s Alexandria Containers through AD Ports

ADQ and AD Ports move to increase control of Egypt's Alexandria Containers as profits and cargo volumes rise.

Oluwatosin Alao Oluwatosin Alao

KCB expands climate finance, screens $4.5 billion in transactions

KCB screens $4.54 billion transactions, expands green lending, surpasses sustainability targets across East Africa markets.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s Alkan Holding to invest $120 million in auto plant, targeting Kia and BAIC assembly

Egypt’s Alkan Holding plans $120 million auto plant to assemble Kia and BAIC vehicles, boosting local manufacturing and export capacity by 2027.

Feyisayo Ajayi Feyisayo Ajayi

African tech firm Bluechip Technologies acquires AI startup YarnGPT

Bluechip Technologies acquires Nigerian AI startup YarnGPT, strengthening Africa's push for locally built AI solutions.

Oluwatosin Alao Oluwatosin Alao

Moroccan Venture Capital EmTech launches $60 million Africa tech fund with Proparco backing

EmTech Capital launches $60 million Africa tech fund, with Proparco backing early-stage startups across Francophone markets.

Feyisayo Ajayi Feyisayo Ajayi