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

Botswana engages UAE and Oman over De Beers stake acquisition

Botswana De Beers stake acquisition talks expand as Botswana engages UAE and Oman for backing amid Anglo American exit from De Beers.

Timilehin Adejumobi Timilehin Adejumobi

Egypt’s 10 richest businessmen in 2026

Egypt’s richest businessmen in 2026 dominate construction, telecoms, real estate, and industry as economic reforms reshape wealth across Egypt

Feyisayo Ajayi Feyisayo Ajayi

Egyptian billionaire Hisham Talaat Moustafa’s TMG stake rises above $1.65 billion

TMG rally lifts Hisham Talaat Moustafa’s stake above $1.65 billion as investor demand strengthens despite Egypt’s inflation pressures.

Feyisayo Ajayi Feyisayo Ajayi

South African executive Graham Lee’s pay at Capitec hits $3 million in 2026

Capitec CEO Graham Lee's pay reaches $3 million as the South African lender posted record profit and client growth.

Timilehin Adejumobi Timilehin Adejumobi

YADEA enters Kenya as electric motorcycle push grows in East Africa

YADEA enters Kenya with electric motorcycles targeting boda boda riders as East Africa's e-mobility market expands.

Oluwatosin Alao Oluwatosin Alao

Safaricom’s $6 Fiber plan challenges Kenya’s Estate internet providers

Safaricom expands low-cost internet in Kenya with $6 plans, challenging estate ISPs in Nairobi and Kiambu broadband market shift.

Oluwatosin Alao Oluwatosin Alao

Ghanaian industrialist Kwame Ofosu Bamfo builds a diversified empire in paints, construction and hospitality

Kwame Ofosu Bamfo quietly builds a diversified Ghana industrial empire spanning paints, construction, hospitality and real estate value chains

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s ‘ghost mall’ gets new life after 16 years of delays

South Africa's ghost mall may finally reopen as Nova seeks investors to complete Pretoria's stalled $45 million project.

Oluwatosin Alao Oluwatosin Alao

Zimbabwe’s First Mutual Properties secures approval for ZSE exit

First Mutual Properties ZSE delisting approved after shareholder vote, as Zimbabwe real estate firm exits ZSE amid valuation pressure.

Timilehin Adejumobi Timilehin Adejumobi