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

Credable rebrands to _able after unlocking $650 million in African loans

Credable rebrands to _able after facilitating $650 million in African loans and expanding fintech services.

Oluwatosin Alao Oluwatosin Alao

Family Bank founder Titus Muya, allies gain $37 million as stock jumps 44% in NSE debut

Family Bank founder Titus Muya and allies gain $36.6 million as the lender’s shares jump 44 percent in their NSE market debut.

Omokolade Ajayi Omokolade Ajayi

Parts of Nairobi’s $41.5 million Le’Mac Tower set for auction

Part of Nairobi’s Le’ Mac Tower valued at $41.5 million goes to auction after developer enters administration over unpaid debts in Westlands.

Omokolade Ajayi Omokolade Ajayi

Zimbabwe’s platinum sector targets $2 billion in exports amid global demand

Zimbabwe’s platinum sector targets $2 billion in export receipts by 2027, driven by rising global demand, firmer prices, and smelter expansion.

Omokolade Ajayi Omokolade Ajayi

Minbos Resources signs $13.8 million deal to advance Angola mining project

Minbos Resources Angola mining project moves closer to production with a $13.8 million contract for final construction.

Timilehin Adejumobi Timilehin Adejumobi

Africa moves closer to faster internet as INCM awards 5G licenses

Mozambique awards 5G licenses to boost internet access, expand 4G, and advance digital transformation across key sectors.

Oluwatosin Alao Oluwatosin Alao

Estate of Late Nigerian banker Herbert Wigwe sees Access Holdings stake top $52 million

Herbert Wigwe’s estate stake in Access Holdings tops $52 million as the lender’s share price rally boosts the value of its 5.71% holding.

Omokolade Ajayi Omokolade Ajayi

South African businesses get free AI assistant from Naspers

Naspers launches free ToqanClaw AI for South African businesses to build apps, automate tasks, and boost productivity.

Oluwatosin Alao Oluwatosin Alao

Ethiopian Airlines boosts African network with new twin Otter jet

Ethiopian Airlines Twin Otter expands remote connectivity, tourism access and regional aviation growth across Africa.

Timilehin Adejumobi Timilehin Adejumobi