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

Bloemfontein’s largest mall, owned by Michael Georgiou, hit by power cut over $9.25 million debt

Bloemfontein mall faces power cut over $9.25 million debt as court allows Centlec action against Loch Logan Waterfront.

Omokolade Ajayi Omokolade Ajayi

Moroccan Royal-backed Al Mada sees $270 million gain from Attijariwafa Bank shares

Al Mada’s 46.54% stake gained $270 million in 2026 as its holdings rose to $8.24 billion amid steady market growth.

Feyisayo Ajayi Feyisayo Ajayi

Gabon blocks social media as labor tensions escalate

Gabon has ordered an immediate and open-ended suspension of social media access, raising fresh questions about digital rights and political stability as labor unrest spreads across the country.  The directive, issued late Tuesday by the High Authority for Communication, instructs internet service providers to block major platforms, citing national security concerns and what officials describe as the circulation of false information. The move comes at a sensitive moment in Gabon’s post-coup transition.  By Wednesday afternoon, internet monitoring group NetBlocks reported…

Oluwatosin Alao Oluwatosin Alao

Gold Fields reports $3.57 billion profit, announces $1.7 billion shareholder payout

Gold Fields posts $3.57 billion profit, boosts payouts to $1.7 billion as gold output and cash flow surge in 2025.

Feyisayo Ajayi Feyisayo Ajayi

Billionaire mogul and politician Aziz Akhannouch expands Morocco’s social reform to 3.9 million families

Morocco’s social reform expands under Aziz Akhannouch, delivering cash transfers to 3.9 million families in 2026.

Feyisayo Ajayi Feyisayo Ajayi

Kumba Iron Ore restores $42 million retained earnings in 2025 turnaround

Kumba Iron Ore restored retained earnings to $42 million in 2025, reversing prior losses as assets climbed 5 percent.

Feyisayo Ajayi Feyisayo Ajayi

Kumba Iron Ore posts $4.4 billion in 2025 revenue, expands margins

Kumba Iron Ore posts $4.4 billion revenue in 2025, boosts margins and dividends despite volatile global trade conditions.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s Aswan wins D-8 tourist City honor

Aswan has been named “Tourist City of the Year” for 2026 by the Developing-8 Organization for Economic Cooperation, marking the second straight year the southern Egyptian city has received the honor. The recognition followed a competitive process that included nominations from cities in Azerbaijan, Iran and Pakistan.  The award reflects close coordination between Egypt’s foreign affairs and tourism authorities, who presented Aswan as a city where history, culture and modern travel facilities come together. Officials say the recognition strengthens Egypt’s…

Oluwatosin Alao Oluwatosin Alao