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

GTBank co-founder Fola Adeola’s Aradel stake climbs to $337 million

Fola Adeola’s Aradel stake rises to $337.8 million as strong share rally and oil gains boost investor returns.

Omokolade Ajayi Omokolade Ajayi

Monoprix Tunisia backed by Czech billionaire Daniel Křetínský posts $266 million revenue in 2025

Monoprix Tunisia, backed by Daniel Křetínský, posts $266.1 million 2025 revenue, up 13.5%, driven by stronger sales and efficiency gains

Feyisayo Ajayi Feyisayo Ajayi

Ethiopia opens $30 million cold storage hub to boost agricultural trade

Ethiopia opens $30 million cold storage hub in Addis Ababa to cut post-harvest losses, boost supply chains and improve agricultural trade efficiency.

Feyisayo Ajayi Feyisayo Ajayi

$650 million AfDB boost puts Uganda Rail project back on track

AfDB backs Uganda’s $650 million railway project, reviving Malaba-Kampala SGR to boost trade and regional connectivity.

Oluwatosin Alao Oluwatosin Alao

Kenyan Agritech SokoFresh seeks $1.5 million for avocado cold chain expansion

Kenyan agritech SokoFresh seeks $1.5M to expand solar cold storage, boosting avocado exports and cutting post-harvest losses in Kenya push.

Feyisayo Ajayi Feyisayo Ajayi

Equity Group seeks approval for $26.8 million insurance expansion 

Equity Group seeks approval for a $26.8 million insurance expansion covering Kenya and DRC, adding new microinsurance and life units.

Timilehin Adejumobi Timilehin Adejumobi

Express Kenya plans equity raise with 50 million shares

Express Kenya plans a 50M share equity raise to cut debt and strengthen its balance sheet amid rising logistics sector pressures in East Africa.

Timilehin Adejumobi Timilehin Adejumobi

South Africa may extend coal plants as gas delays slow power transition

South Africa considers extending coal plant life as gas project delays threaten its shift to cleaner power generation.

Omokolade Ajayi Omokolade Ajayi

Trafigura secures $92 million arbitration award in Zambia mining dispute

Trafigura has grown into one of the world’s largest commodity trading groups, connecting producers and consumers across energy, metals and minerals markets.

Timilehin Adejumobi Timilehin Adejumobi