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

South Africa’s Wesizwe to slash 70% of workforce at platinum project

South Africa’s Wesizwe Platinum job cuts slash 70% of workforce at Bakubung Mine amid restructuring, delays and sector pressure.

Timilehin Adejumobi Timilehin Adejumobi

Transnet completes $246 million upgrade at Africa’s largest iron ore terminal

Transnet completes a $246 million Saldanha upgrade, boosting South Africa iron ore exports and mining logistics capacity.

Oluwatosin Alao Oluwatosin Alao

Africa Finance Corporation lands $2 billion loan for African projects

Africa Finance Corporation secures a $2 billion loan to fund African infrastructure, industrialization and economic growth.

Timilehin Adejumobi Timilehin Adejumobi

Raya Holding agrees to sell 90% stake in Ostool to Ascom in $12.4 million deal

Raya Holding agreed to sell a 90% stake in Ostool to Ascom for $12.4 million, advancing its shift in Egypt’s logistics sector, deal momentum gain

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s ORA Developers begins Phase 1 construction of $517 million BAYN project in Abu Dhabi

ORA Developers has begun Phase 1 construction of its $517 million BAYN project in Abu Dhabi, marking a key execution milestone in the UAE market.

Feyisayo Ajayi Feyisayo Ajayi

Nestlé takes full ownership of Yfood in new CEO’s first acquisition

Nestlé fully acquires Yfood in first deal under CEO Navratil, expanding its push into nutrition and meal replacement growth.

Oluwatosin Alao Oluwatosin Alao

Profits jump at Ninety One as managed assets eclipse $230 billion

Ninety One operating profit rises 12 percent as a landmark Sanlam transaction boosts total assets under management to $230.8 billion.

Omokolade Ajayi Omokolade Ajayi

South Africa’s sugar industry faces uncertainty as Tongaat hearing nears

Tongaat Hulett's court hearing puts thousands of jobs, growers and South Africa's sugar industry at risk.

Oluwatosin Alao Oluwatosin Alao

Pakistan drinks record Kenyan tea as Middle East conflicts disrupt global shipping

Pakistan imported a record 56.47 million kilograms of Kenyan tea in the first quarter of 2026.

Omokolade Ajayi Omokolade Ajayi