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

Lobito Corridor advances into crucial execution phase

The Lobito Corridor project is moving from planning into full implementation, marking a key step for one of Africa’s most closely watched regional infrastructure efforts. Governments and development partners are shifting focus toward delivery, with a clearer push to align funding, timelines and technical standards.  Angola, Zambia and the Democratic Republic of the Congo are working alongside the World Bank, the European Union and the African Development Bank to coordinate the next phase. The aim is to turn years of…

Oluwatosin Alao Oluwatosin Alao

Egypt backs Russia-led BRICS grain exchange, expands trade ties

Egypt deepens ties with Russia, backing a BRICS grain exchange while expanding energy, trade, and investment cooperation across key sectors.

Omokolade Ajayi Omokolade Ajayi

Discovery acquires Sandton head office for $252.7 million, cancels Phase 2 lease

Discovery acquires 1 Discovery Place for $252.7 million, cancels Phase 2 lease, and strengthens its Johannesburg headquarters ownership.

Omokolade Ajayi Omokolade Ajayi

MTN’s $2.76 billion IHS bid values Sam Darwish’s stake at $107 million

MTN’s $2.76 billion IHS bid values Sam Darwish’s 3.9 percent stake at $107 million, highlighting Africa’s telecom growth.

Omokolade Ajayi Omokolade Ajayi

Patrice Motsepe slips off world’s top 1,000 richest as net worth drops $400 million

Patrice Motsepe drops off Forbes’ top 1,000 richest after his net worth fell $400 million amid a slump in gold and mining stocks.

Omokolade Ajayi Omokolade Ajayi

BHP teams up with South Africa’s CGS to upgrade geoscience data

BHP and South Africa’s Council for Geoscience team up to modernize geological data and unlock new mineral prospects.

Timilehin Adejumobi Timilehin Adejumobi

Transcorp Power revenue tops $290 million in 2025, backing Nigeria’s power push

Transcorp Power posts $290 million revenue in 2025, boosting output and supporting Nigeria’s power sector growth.

Omokolade Ajayi Omokolade Ajayi

Uganda’s QCIL declares $6.2 million interim dividend after Zambia debt recovery

QCIL declares $6.2 million interim dividend after Zambia receivable recovery, rewarding shareholders for FY ending March 2026.

Feyisayo Ajayi Feyisayo Ajayi

Radisson Blu Maputo blends luxury with Oceanfront views

Radisson Blu Hotel & Residence sits along Maputo’s main seafront road, where the city opens directly onto the Indian Ocean. From the moment guests arrive, the setting does much of the talking: wide skies, steady sea air and a shoreline that frames the capital at its most relaxed.  The hotel is less than 10 kilometers from Maputo’s city center and Maputo International Airport, placing it within easy reach of government offices, corporate hubs and cultural landmarks. Business travelers are close…

Oluwatosin Alao Oluwatosin Alao