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

Pep’s new bank PlusB to cost $62 million as Africa fintech race heats up

Pepkor targets $62 million digital bank launch as it prepares PlusB entry into South Africa’s fintech sector by 2027.

Oluwatosin Alao Oluwatosin Alao

Egyptian billionaire Naguib Sawiris’ net worth rises nearly $1 billion as gold fuels gains

Naguib Sawiris’ wealth has climbed by nearly $1 billion this year, reaching about $11.6 billion as surging gold prices boost his mining-linked investments.

Omokolade Ajayi Omokolade Ajayi

SPAR Group posts weaker-than-expected first-half earnings on margin pressure

SPAR Group posts weaker-than-expected first-half earnings as margin pressure, impairments and promotions weigh on results in Southern Africa.

Omokolade Ajayi Omokolade Ajayi

Zambia to buy back 2053 bond with $600 million AFDB loan

Zambia moves to repurchase $1.36bn 2053 eurobond using $600m AfDB loan to streamline debt and reopen global market access.

Timilehin Adejumobi Timilehin Adejumobi

Dis-Chem revenue climbs 9% to $2.64 billion on retail and wholesale growth

Dis-Chem revenue rises 9% to $2.64 billion as retail and wholesale growth, store expansion and healthcare investments lift performance.

Omokolade Ajayi Omokolade Ajayi

South African executive Rodney Sacks drives Monster Beverage’s $86 billion rise

Rodney Sacks turned Monster Beverage into an $86 billion global energy drink leader through bold strategy and sustained growth.

Feyisayo Ajayi Feyisayo Ajayi

Tanzanian entrepreneur Benjamin Fernandes’ NALA lands $50 million for growth

Tanzanian fintech NALA secures up to $50M credit from Liquidity to scale stablecoin payments and global remittance infrastructure.

Timilehin Adejumobi Timilehin Adejumobi

South Africa targets green bonds in $228 billion ESG push 

South Africa plans a $228 billion ESG funding framework using green bonds and climate finance to support its long-term energy transition.

Timilehin Adejumobi Timilehin Adejumobi

Rising Aradel share price pushes CEO Adegbite Falade’s stake close to $15 million

Aradel CEO Adegbite Falade’s stake climbs toward $15 million as shares gain one hundred seventy percent on Nigerian Exchange.

Omokolade Ajayi Omokolade Ajayi