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

Tourism growth in Zanzibar reveals new investment frontiers

Zanzibar’s tourism sector is expanding quickly, and the shift is beginning to reshape how investors view the island. Fresh data shows visitor demand rising steadily, placing pressure on existing offerings beyond hotels and beaches.  The Tourism Statistical Release for December 2025 shows Zanzibar received 100,729 international visitors, a 10 percent increase from a year earlier and a sharp rise from November. For the full year, arrivals reached 917,167, up from 736,755 in 2024, reflecting consistent growth.  Accommodation data tells a…

Oluwatosin Alao Oluwatosin Alao

Egypt-Türkiye alliance set to boost Mediterranean tourism in 2026

The shape of Mediterranean travel is beginning to change as Egypt and Türkiye move closer toward a more coordinated tourism partnership. Both countries, long seen as rivals for visitors, are now exploring ways to grow together and attract new investment into the region.  At the Eastern Mediterranean International Tourism and Travel Exhibition (EMITT) 2026 in Istanbul, officials from both sides outlined a shared plan aimed at strengthening visitor flows, encouraging joint promotion and expanding business ties. The discussions reflected a…

Oluwatosin Alao Oluwatosin Alao

European Investment Bank funds Namibia lithium expansion at Uis Mine with $2.4 million

EIB backs Andrada Mining with $2.4 million to advance Namibia’s Uis lithium expansion, boosting EU battery supply ambitions.

Feyisayo Ajayi Feyisayo Ajayi

Aliko Dangote eyes new business in Burundi    

Aliko Dangote considers multi-sector investments in Burundi, including mining, energy, agriculture, and infrastructure.

Timilehin Adejumobi Timilehin Adejumobi

20 Kenyan firms and the multi-millionaire women behind them

Kenya’s top women entrepreneurs are reshaping banking, manufacturing, healthcare and energy with scalable, impact-driven firms.

Feyisayo Ajayi Feyisayo Ajayi

Dangote Petroleum Refinery lowers petrol prices by 3% despite global oil squeeze

Dangote Petroleum Refinery cuts petrol prices by 3 percent to N774 per liter, undercutting imports amid global supply tensions.

Omokolade Ajayi Omokolade Ajayi

Nigerian oil tycoon Mohammed Indimi gains $35 million from Jaiz Bank shares in 40 days

Mohammed Indimi’s Jaiz Bank stake gained over $35 million in 40 days as shares surged nearly 80% on the Nigerian Exchange in 2026.

Feyisayo Ajayi Feyisayo Ajayi

Hyprop sells half of Woodlands Boulevard for $49.6 million, keeps stake for future growth

Hyprop sells half of Woodlands Boulevard for $49.6 million while keeping a 50% stake to support future growth.

Omokolade Ajayi Omokolade Ajayi

Why family offices are investing in Africa’s luxury resorts

Family offices are turning to Africa’s luxury resorts as tourism recovers and demand shifts toward exclusive experiences.

Timilehin Adejumobi Timilehin Adejumobi