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

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

South Africa’s business confidence slips as oil surge, rate hike weigh on companies

South African business confidence slips to 39 as oil prices, Middle East tensions and rate hikes pressure spending, hiring and investment decisions.

Omokolade Ajayi Omokolade Ajayi

Alan Keet eyes next growth phase after Apex Group hits $300 billion in South African assets

Following a massive $300 billion asset milestone, Alan Keet outlines Apex Group's next phase: driving growth through on-chain tokenization.

Omokolade Ajayi Omokolade Ajayi

Ghana, UK agree growth pact targeting jobs and education in Africa

Ghana and UK sign a $250million pact to boost jobs, education, trade and investment, supporting Ghana’s economic recovery drive.

Oluwatosin Alao Oluwatosin Alao

Sizekhaya takes over South Africa’s National lottery, promises more chances to win

Sizekhaya takes over South Africa’s National Lottery, promising more winners, wider access and stronger community funding.

Oluwatosin Alao Oluwatosin Alao

Bank of Ghana denies $250 million headquarters sale reports

Bank of Ghana headquarters sale denied as central bank dismisses reports of asset disposal of $250m Accra HQ amid speculation.

Timilehin Adejumobi Timilehin Adejumobi

South African tycoon Stephen Brookes gains over $10 million from Balwin stake

Stephen Brookes' Balwin stake jumps over $10 million as Balwin Properties shares rally on a proposed buyout and delisting plan.

Timilehin Adejumobi Timilehin Adejumobi

Over 100 employees promoted as African fintech giant, Flutterwave, hits $40 billion milestone

Flutterwave promotes over 100 staff as it surpasses $40 billion in payments and expands global fintech infrastructure.

Omokolade Ajayi Omokolade Ajayi

ABB Egypt upgrades Dekheila Port with smart crane modernization to boost logistics efficiency

ABB Egypt completed a smart crane modernization at Dekheila Port, boosting efficiency, reliability and predictive maintenance capabilities in Egypt.

Feyisayo Ajayi Feyisayo Ajayi