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

South Africa’s Novus Holdings sells KwaZulu-Natal property assets in $5.4 million disposal

Novus Holdings sells KwaZulu-Natal assets for $5.4 million, exiting non-core properties to refocus capital on core operations.

Feyisayo Ajayi Feyisayo Ajayi

World Bank weighs options to ease Mozambique’s mounting debt burden

Mozambique’s debt crisis is worsening, pushing the World Bank to step up efforts to support the Southeast African nation as borrowing costs rise and investor confidence weakens.  The strain reflects wider pressure across emerging markets, where tighter global financial conditions and geopolitical tensions are making it harder for governments to access affordable funding. For Mozambique, those challenges are compounded by slow growth and repeated climate shocks that have weighed on public finances.  The country’s economic outlook now hinges in part…

Oluwatosin Alao Oluwatosin Alao

Idris, Sabrina Elba plan to transform West African island

Elbas advance sustainable development vision in Sierra Leone

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s SPAR moves to cut jobs amid weak sales and rising costs

SPAR Group introduces retrenchments and cost-saving measures to strengthen operations amid weak trading conditions.

Omokolade Ajayi Omokolade Ajayi

Sirius Real Estate secures $346 million revolving credit facility to boost acquisitions

Sirius Real Estate secures $346 million revolving credit facility, boosting acquisitions and strengthening financial flexibility across Europe.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian executive Owen Omogiafo says government’s commitment to energy debt promises gains for Transcorp

Nigeria’s plan to settle energy debt could strengthen Transcorp, improving operations and funding growth in power and energy infrastructure.

Omokolade Ajayi Omokolade Ajayi

Centaurus signs $450 million nickel offtake deal with Glencore for Jaguar project

Centaurus Metals has secured a $450 million nickel offtake deal with Glencore for its Jaguar project in Brazil.

Timilehin Adejumobi Timilehin Adejumobi

Ghanaian businessman bids to take over gold mine from Africa’s biggest miner

Ibrahim Mahama bids to take control of Ghana’s Damang gold mine, backed by a $205 million loan to expand operations.

Omokolade Ajayi Omokolade Ajayi

Odu’a Investment expands with 10% stake in FCMB pensions

Odu’a Investment Company has acquired a 10% stake in FCMB Pensions, signaling confidence in Nigeria’s fast-growing pension industry and long-term savings market.

Timilehin Adejumobi Timilehin Adejumobi