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 Africa’s Tiger Brands reports $1.1 billion H1 revenue on volume growth

Tiger Brands reports $1.1 billion revenue as operating income rises 26.1 percent, driven by volume growth, margin gains, and efficiency improvements.

Omokolade Ajayi Omokolade Ajayi

Denel unveils plan to build Africa space hub in South Africa

Denel plans a $122 million space hub in South Africa, targeting satellite launches, manufacturing and African markets.

Oluwatosin Alao Oluwatosin Alao

Heineken seeks to block $1.8 million interest award in decade-long battle with Kenyan tycoon Ngugi Kiuna

Heineken appeals a $1.8 million interest ruling in its long-running Kenya dispute with tycoon Ngugi Kiuna’s Maxam Ltd.

Omokolade Ajayi Omokolade Ajayi

Glencore halts 1,500 job cuts after South Africa approves discounted power for smelters

Glencore halts 1,500 job cuts after South Africa approves discounted electricity tariffs to support struggling ferrochrome smelters.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s AECI names Alan Dickson as new group CEO

South African chemicals and explosives group AECI has appointed Alan Dickson as its new Group Chief Executive Officer and executive director, selecting a long-time industrial executive to steer the company through its next phase of restructuring and growth.  The appointment, effective July 1, 2026, follows a board-led selection process overseen by AECI’s nominations, governance and directors affairs committee. Dickson will succeed interim CEO Dean Murray, who has led the company since October 2025 and will remain in place until June…

Oluwatosin Alao Oluwatosin Alao

Zambia creditor group rejects $1.3 billion bond buyback deal

Zambia bond buyback deal faces creditor pushback as Eurobond holders reject $1.3bn offer over restructuring concerns.

Timilehin Adejumobi Timilehin Adejumobi

FirstHoldCo wins shareholder approval for $730 million capital raise

FirstHoldCo capital raise wins shareholder approval for $730 million plan to strengthen balance sheet and expand lending capacity in Nigeria sector.

Timilehin Adejumobi Timilehin Adejumobi

OCI Global sells 50% of OCI Nitrogen to AGROFERT in $128 million restructuring deal

OCI Global agreed to sell 50% of OCI Nitrogen to AGROFERT in a €110 million ($128.31 million) deal, advancing portfolio restructuring strategy continues. push

Feyisayo Ajayi Feyisayo Ajayi

DRC plans to triple lithium royalties in Africa’s critical minerals push

DRC moves to raise lithium royalties to 10%, strengthening its position in Africa's booming critical minerals market.

Timilehin Adejumobi Timilehin Adejumobi