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

MTN tax contribution rises to $3.76 billion in 2025 across key markets

MTN Group paid $3.76 billion in taxes across 16 markets in 2025, reflecting its expanding fiscal contribution in Africa and the Middle East.

Omokolade Ajayi Omokolade Ajayi

Top South African estate ranked among world’s best wellness communities

South Africa’s high-end property market is drawing fresh international attention after Val de Vie Estate in the Western Cape was ranked among the world’s leading wellness communities.  The luxury estate in the Paarl-Franschhoek Valley was named in the Global Wellness Institute’s 2026 Wellness Real Estate Atlas, a report widely followed in the global property and wellness sectors. Val de Vie was the only African development placed in the Atlas’ top category of projects considered global examples for the industry.  The…

Oluwatosin Alao Oluwatosin Alao

Mozambique’s President Chapo meets Puma Energy CEO over expansion plans

Mozambique’s President Chapo meets Puma Energy CEO Mark Russell to discuss CNG, fuel expansion and energy investment plans.

Oluwatosin Alao Oluwatosin Alao

EU antitrust pressure cuts South African billionaire Koos Bekker’s fortune by $100 million

Koos Bekker loses $100 million in net worth as Prosus battles EU antitrust demands over its Delivery Hero holding and portfolio reshaping.

Omokolade Ajayi Omokolade Ajayi

Mauritius-based CIEL Group posts $652 million revenue in 9M 2026

CIEL Group posts $652.8 million revenue for 9M 2026 as hotels, healthcare and finance offset weaker textiles performance.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Aliko Dangote gains N8.4 trillion from Dangote Cement shares

Aliko Dangote’s stake in Dangote Cement gains N8.4 trillion as share rally strengthens his position as Africa’s richest man.

Omokolade Ajayi Omokolade Ajayi

Inside Egypt’s $8 billion investment fund market as asset bases broaden 

Egypt’s investment fund industry hit $7.8 billion in Q1 2026, up 30.65%, as retail flows and diversification deepen capital markets momentum.

Feyisayo Ajayi Feyisayo Ajayi

Kenya nets $324 million from Diageo’s EABL exit deal

Kenya is set to receive about $324 million in tax revenue from Diageo’s planned exit from East African Breweries Limited.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s Transnet signs $1.3 billion LNG terminal deal at Ngqura

Transnet signs a $1.3 billion LNG terminal deal at Ngqura as South Africa accelerates its transition to gas energy.

Timilehin Adejumobi Timilehin Adejumobi