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

15 biggest pharmaceutical manufacturers in Africa

Africa’s biggest pharmaceutical manufacturers are reshaping healthcare through local production, digital retail, and regional expansion.

Feyisayo Ajayi Feyisayo Ajayi

10 African mining projects set to hit milestones in 2026

African mining projects in 2026 aim to boost copper, lithium, gold, and iron ore production across the continent.

Timilehin Adejumobi Timilehin Adejumobi

Kenya’s $2.4 million Kagio ESP market nears completion in Kirinyaga

Kenya’s $2.4 million Kagio ESP market nears completion, promising modern stalls, jobs, and formal trade opportunities for over 1,000 traders.

Feyisayo Ajayi Feyisayo Ajayi

21 most valuable stocks on the Lusaka Securities Exchange

Zambia’s top 21 LuSE stocks, led by Shoprite, reveal concentrated market value in banking, energy, mining, and consumer sectors.

Feyisayo Ajayi Feyisayo Ajayi

Zanaco tops Lusaka Securities Exchange as the most valuable bank with $420.7 million valuation

Zanaco tops the Lusaka Securities Exchange with a $420.7 million valuation, reflecting scale, profits and investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

10 of Africa’s biggest coffee farms

Africa’s biggest coffee farms power exports, rural jobs and premium pricing, spanning Ethiopia, Uganda, Kenya and Rwanda.

Feyisayo Ajayi Feyisayo Ajayi

Jubilee gets $10 million second payment after selling South African chrome assets

Jubilee Metals Group, Zambia copper, chrome assets, African mining, Global copper demand, Base metals divestment Africa, African mining portfolio shift, featured

Feyisayo Ajayi Feyisayo Ajayi

Turkish apparel giant Eroglu invests $5.6 million in Egypt garment factory

Turkey’s Eroglu expands into Egypt with a $5.6 million garment plant aimed at global exports.

Timilehin Adejumobi Timilehin Adejumobi

Mukuru and Travelex team up to boost cash access in South Africa

At a Glance Mukuru, a leading remittance and financial services provider, has partnered with Travelex to expand cash payout options for customers across South Africa. The collaboration aims to make sending and receiving money safer, faster, and more convenient for millions who rely on regular transfers for daily expenses.  The partnership introduces Travelex as an additional payout channel within Mukuru’s growing network. Customers can now collect funds at any of Travelex’s 46 branches nationwide, located in high-traffic and easily accessible…

Oluwatosin Alao Oluwatosin Alao