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

Nigeria’s United Capital targets Rwanda next after Francophone West Africa success

Peter Ashade leads United Capital toward Rwanda, aiming to push the group's market capitalization past the $300 million threshold.

Omokolade Ajayi Omokolade Ajayi

South African Executive Charles Molapisi bags $2.6-million pay in 2025

MTN executive Charles Molapisi earns nearly $2.6 million in 2025 as profit rebound and strong performance lift compensation.

Feyisayo Ajayi Feyisayo Ajayi

Koos Bekker-led Prosus wins more time for Delivery Hero sale following rejected $11.6B Uber bid

Prosus wins a crucial EU deadline extension to October 11, giving it time to block Uber from acquiring Delivery Hero after a rejected $11.6 billion bid.

Omokolade Ajayi Omokolade Ajayi

How Cameroonian industrialist Nana Bouba expands agribusiness empire with oilseed venture

Cameroonian industrialist Nana Bouba’s new oilseed venture expands his agribusiness empire through vertical integration in Cameroon agro-processing value chain.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s BWG acquires franchise giant, plans 25 new outlets by 2030

BWG expands into fast food with Abgel deal, targeting 25 new Ireland outlets by 2030 amid QSR market growth.

Oluwatosin Alao Oluwatosin Alao

Canal+ debuts on JSE after MultiChoice deal, shares open higher

Canal+ JSE listing MultiChoice deal boosts shares as Canal+ expands in Africa after MultiChoice takeover and dual exchange debut.

Timilehin Adejumobi Timilehin Adejumobi

Traxtion advances $86 million push to build Africa’s largest rail company

Africa Rail Company Traxtion secures $86 million to expand rail freight capacity and capitalize on Africa’s growing logistics boom.

Timilehin Adejumobi Timilehin Adejumobi

Ugandan entrepreneur Ham Kiggundu builds diversified empire across real estate, logistics, education

Ugandan entrepreneur Ham Kiggundu builds a diversified empire spanning real estate, logistics, education, and agro-industrial ventures.

Feyisayo Ajayi Feyisayo Ajayi

PZ Cussons Nigeria names Oghale Elueni new CEO following 246 percent profit surge

PZ Cussons Nigeria appoints Oghale Elueni as managing director and CEO following a stellar 246 percent net income recovery to $28.6 million.

Omokolade Ajayi Omokolade Ajayi