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 African property firm Putprop buys Johannesburg retail center for $7.6 million

Putprop expands its Gauteng portfolio with a $7.6 million retail center acquisition in Johannesburg’s Kramerville design and commercial district.

Omokolade Ajayi Omokolade Ajayi

Kenyatta, Ndegwa families set for $40.6 million payout in Nedbank’s NCBA takeover push

Kenyatta and Ndegwa families set to receive $40.6 million cash in Nedbank’s NCBA takeover push as cross-border banking deal advances in Kenya

Feyisayo Ajayi Feyisayo Ajayi

Seplat stock boom pushes co-founder Austin Avuru’s stake past $400 million

Seplat stock boom pushes Austin Avuru’s stake above $400 million as NGX rally, earnings and deals re-rate Nigeria’s top oil producer.

Timilehin Adejumobi Timilehin Adejumobi

7 Companies owned by South African-born Vivian Imerman

Vivian Imerman built a consumer goods empire, transforming Del Monte and Whyte & Mackay into global profit engines.

Feyisayo Ajayi Feyisayo Ajayi

5 African countries tapping Eurobond markets in 2026

African countries tapping Eurobond markets in 2026 are attracting investors as Kenya, Zambia and others seek growth capital.

Timilehin Adejumobi Timilehin Adejumobi

2 former staff of Diamond Trust Bank Kenya charged over alleged $1.2 million customer account theft scheme

Former Diamond Trust Bank Kenya managers charged over alleged $1.2 million theft from customer account spanning multiple years prosecutors say

Feyisayo Ajayi Feyisayo Ajayi

Debt costs push Mauritius-based Evaco Group to $3.1 million nine-month loss

Mauritius property developer Evaco Group falls into a $3.1 million nine-month loss as steep debt costs and plunging revenues stall corporate liquidity.

Omokolade Ajayi Omokolade Ajayi

Côte d’Ivoire secures $749 million for major gas power plant project

Côte d’Ivoire gas power plant project secures $749M financing to expand electricity capacity and power West Africa’s energy growth.

Timilehin Adejumobi Timilehin Adejumobi

Hyundai picks Ghana for West Africa factory in major boost to African industry

Hyundai to build a West Africa factory in Ghana, boosting jobs, manufacturing, and South Korea-Africa industrial ties.

Oluwatosin Alao Oluwatosin Alao