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

Kenyan firm Sasini calls off $61.1 million estate sale as buyer defaults

Kenyan agribusiness Sasini has canceled the $61.1 million sale of its Gulmarg coffee estate after the buyer defaulted on critical payment deadlines.

Omokolade Ajayi Omokolade Ajayi

Aliko Dangote’s mega refinery hits 700,000 barrels daily, beating its own maximum design limit

Aliko Dangote’s petroleum refinery has surpassed its original design limit, processing 700,000 barrels of crude oil daily during official testing.

Omokolade Ajayi Omokolade Ajayi

Vodacom strengthens business connectivity in Mozambique amid rising demand

Vodacom launches a dual connectivity solution in Mozambique to improve business continuity and reduce downtime risks for firms.

Oluwatosin Alao Oluwatosin Alao

Brussels Airlines adds direct Tanzania flights, boosting East Africa tourism

Brussels Airlines launches direct Tanzania flights, boosting tourism, trade, investment and travel links with Europe.

Oluwatosin Alao Oluwatosin Alao

FirstRand CEO Mary Vilakazi takes $4.8 million pay in 2025

FirstRand CEO Mary Vilakazi earned $4.8 million in 2025, up sharply, as bank strengthened its dominance across African financial markets growth

Feyisayo Ajayi Feyisayo Ajayi

Toyota Financial Services South Africa’s audit chair Alan Hedding to retire this month

Toyota Financial Services South Africa audit chair Alan Hedding will retire June 18, 2026, ending his board and committee tenure in JSE filing.

Feyisayo Ajayi Feyisayo Ajayi

Moroccan billionaire Anas Sefrioui’s stake in Addoha rebounds close to $1 billion

Anas Sefrioui Addoha stake rebounds close to $1bn as Moroccan property group shares rally on stronger earnings growth.

Timilehin Adejumobi Timilehin Adejumobi

Tanzania, Russia deepen trade and energy ties in new growth push

Tanzania and Russia deepen trade, energy and investment ties as President Samia seeks new economic opportunities during a historic Moscow visit.

Oluwatosin Alao Oluwatosin Alao

IFC, Standard Chartered launch $300 million Africa trade finance facility

IFC and Standard Chartered launch Africa trade finance facility to unlock $300 million in supply chain financing across key African markets.

Timilehin Adejumobi Timilehin Adejumobi