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 Deap Capital rebrands as CMFC, targets Africa mining growth

CMFC is expanding Africa critical minerals finance, targeting mining investments, commodities funding and value-chain growth.

Timilehin Adejumobi Timilehin Adejumobi

Djeliba Leisure Group gets IFC backing for $20.8 million Gambia hotel expansion

IFC plans $11 million backing for Djeliba Leisure Group’s $20.8 million hotel expansion, boosting Gambia tourism growth.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian billionaire Tony Elumelu hosts Mastercard CEO as UBA deepens global banking push

Tony Elumelu hosts Mastercard CEO as UBA advances AI-driven cross-border banking and global expansion strategy.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s energy giant Aradel posts $90 million Q1 profit as new assets pay off

Aradel Holdings reports a 252 percent surge in Q1 profit to $90 million, powered by newly integrated upstream and gas assets.

Omokolade Ajayi Omokolade Ajayi

Revolut bank targets South Africa launch in 2028 as demand grows

Revolut targets South Africa launch by 2028 as it pursues banking licence and eyes expansion in Africa’s largest economy.

Oluwatosin Alao Oluwatosin Alao

Zambian economist Saviour Chibiya takes home $1.35 million from Absa Group

Saviour Chibiya saw his Absa Group pay rise to R22.17 million ($1.35 million) in 2025, driven by short-term performance incentives.

Omokolade Ajayi Omokolade Ajayi

ORA Developers appoints AtkinsRéalis for BAYN coastal project in UAE

ORA Developers appoints AtkinsRéalis to lead BAYN’s master planning in Ghantoot, advancing a major UAE waterfront project.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s luxury petrol station attracts attention across Africa

South Africa's luxury petrol station blends fuel, dining and shopping, attracting visitors from across Africa.

Oluwatosin Alao Oluwatosin Alao

Azule Energy approves $5.1 billion Greater PAJ oil project in Angola

Azule Energy approves $5.1 billion Greater PAJ offshore oil project in Angola to sustain production and boost long-term output capacity growth

Feyisayo Ajayi Feyisayo Ajayi