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

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

Uganda court clears taxman to enforce $4.9 million tax demand against Nile Breweries

Uganda High Court allows Ugandan taxman to enforce $4.9 million tax demand against Nile Breweries as appeal remains pending.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Prieska emerges as a billion-rand investment hotspot

South Africa's Prieska is attracting billions in investment as booming pistachio farming transforms the Karoo economy.

Oluwatosin Alao Oluwatosin Alao

World Bank backs Coris Bank Chad with $10 million to boost SME access

IFC backs Coris Bank Chad with $10 million guarantee to expand trade finance, boosting SME access and cross-border commerce.

Feyisayo Ajayi Feyisayo Ajayi

Following move to close $32 billion financing gap Paystack launches AI dashboard for SMEs

Paystack launches an AI dashboard helping merchants analyze data and manage finances as it targets a $32 billion small business funding gap.

Omokolade Ajayi Omokolade Ajayi

After $237 million dividend, Abdul Samad Rabiu is ‘Cruising the Mediterranean’

After receiving $237 million dividend from BUA Cement, Nigerian billionaire Abdul Samad Rabiu cruises the Mediterranean following strong 2025 results.

Omokolade Ajayi Omokolade Ajayi

STAMICO opens a new salt processing plant in Lindi Region

Tanzania opens a STAMICO salt plant in Lindi to support small producers, boost local processing and reduce salt imports.

Oluwatosin Alao Oluwatosin Alao

Tanzania signs graphite mining deals with Swala, Grafica in Lindi

Tanzania signs graphite mining agreements with Swala and Grafica in Lindi, targeting jobs, mineral processing and battery supply chain growth.

Timilehin Adejumobi Timilehin Adejumobi

Namibia picks Vitol as sole fuel supplier in strategic energy move

Namibia appoints Vitol as sole fuel supplier for three months, aiming to cut costs, stabilize fuel markets and secure energy supply.

Timilehin Adejumobi Timilehin Adejumobi