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

Telkom SA revenue grows to $2.74 billion on consumer demand strength

Telkom SA posts higher revenue to R44.48 billion ($2.74 billion), driven by strong data demand, consumer growth, and improved efficiency.

Omokolade Ajayi Omokolade Ajayi

Fourways Mall adds major new stores in boost to South Africa retail scene

Fourways Mall expands its retail mix with new stores, food outlets and tech brands in Johannesburg’s competitive shopping sector.

Oluwatosin Alao Oluwatosin Alao

Vedanta shuts Zambia Copper Smelter for maintenance amid output focus

Vedanta Zambia Copper Smelter enters a 60-day maintenance program as KCM targets higher copper production and growth.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwean investor John Moxon drives Meikles diversification across retail, hospitality and agriculture

John Moxon steers Meikles’ diversification into retail, hospitality and agriculture, reinforcing its position as a leading Zimbabwean conglomerate.

Feyisayo Ajayi Feyisayo Ajayi

BluePeak backs Côte d’Ivoire’s Groupe Centaures with $16 million green loan

BluePeak Groupe Centaures green loan supports Côte d’Ivoire logistics firm with $16 million funding tied to emissions reduction goals.

Timilehin Adejumobi Timilehin Adejumobi

Green Motion launches in Mozambique as Africa expansion accelerates

Green Motion launches in Mozambique, expanding its Africa footprint and boosting sustainable car rental services.

Oluwatosin Alao Oluwatosin Alao

Egyptian real estate firm Madinet Masr’s profit fell below $15 million in Q1 2026

Madinet Masr profit fell 14.1% to $13.11 million in Q1 2026 as revenue rose 7.4% and margins eased amid stronger unit deliveries with profit margin pressure

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s Talaat Moustafa secures Iraq license, targets $18.8 billion Baghdad mega project

Egypt’s Talaat Moustafa secures Iraq license, advancing $18.8 billion Baghdad project with 43,000 homes and long-term revenue potential.

Feyisayo Ajayi Feyisayo Ajayi

Momentum Health takes over Bonitas in South Africa’s medical aid transfer

Momentum Health completes Bonitas takeover, adding 750,000 members in South Africa’s biggest medical aid transfer.

Oluwatosin Alao Oluwatosin Alao