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

10 of Africa’s biggest Cashew farms

Africa supplies over half of global raw cashew nuts yet captures limited value as major farms scale processing, exports and agribusiness influence.

Feyisayo Ajayi Feyisayo Ajayi

Champion Breweries launches $29.4 million public offer for Africa expansion

Champion Breweries raises $29.4 million to fund pan-African expansion in alcoholic beverages and energy drinks.

Timilehin Adejumobi Timilehin Adejumobi

PayPal invests $100 million to grow digital reach in Middle East  and Africa

At a Glance PayPal Holdings is expanding its footprint across the Middle East and Africa with a $100 million investment aimed at driving digital innovation, supporting entrepreneurs, and widening access to online commerce.  The move highlights the company’s growing focus on regions experiencing rapid growth in digital payments and e-commerce. The investment will be deployed through a mix of minority stakes, acquisitions, PayPal Ventures funding, and technology deployments. These initiatives are designed to help local businesses scale operations, increase efficiency,…

Oluwatosin Alao Oluwatosin Alao

Glencore, Rio Tinto in talks for $207 billion mega mining giant

At a Glance Glencore, the Swiss mining and commodity trading giant, and Rio Tinto said Thursday they are in early discussions over a potential buyout that could create the world’s largest mining company, valued at about $207 billion.  Global miners are competing to expand in metals like copper, which is expected to benefit from the shift to renewable energy and rising demand from data centers powering artificial intelligence. Recent moves include Anglo American’s planned merger with Teck Resources to strengthen…

Timilehin Adejumobi Timilehin Adejumobi

Tourism costs rise as Zimbabwe applies 15.5% VAT

At a Glance Travel to Zimbabwe will cost slightly more from 2026 after the government moved to broaden the application of value-added tax across the tourism sector. From Jan. 1, several services that were previously zero-rated will now attract a 15.5% VAT under measures outlined in the latest national budget.  The change does not introduce a new tax. Instead, it alters how existing VAT rules are applied to tourism-related services, shifting a range of offerings into the taxable bracket. For…

Oluwatosin Alao Oluwatosin Alao

10 of Africa’s oldest high-rise buildings

Before glass mega-towers, early high-rises in Johannesburg, Cairo and Lagos shaped Africa’s urban economies and ambitions.

Feyisayo Ajayi Feyisayo Ajayi

Levene Energy lands $64 million Afreximbank funding to acquire Axxela

Levene Energy moves beyond oil trading with $64 million Afreximbank funding for Axxela acquisition.

Timilehin Adejumobi Timilehin Adejumobi

7 most valuable stocks on Eswatini Stock Exchange

Eswatini’s stock market grows to $416 million, with top seven companies driving investment, dividends, and economic impact.

Feyisayo Ajayi Feyisayo Ajayi

10 of Africa’s largest pension funds

Africa’s top pension funds, with over $120 billion in assets, shape markets, infrastructure, and long-term growth across the continent.

Feyisayo Ajayi Feyisayo Ajayi