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

MCB Group launches $1 billion Africa trade finance push to boost regional commerce

MCB Group launches $1 billion trade finance program to boost intra-African commerce, ease risk barriers and support regional value chains.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Eskom commits $73 million to hybrid renewable rollout across coal fleet

South Africa’s state-owned power utility Eskom is moving ahead with a $73 million investment aimed at blending renewable energy into its existing coal-fired power network. The plan reflects a gradual shift in how the utility is trying to balance electricity reliability with cleaner generation.  The programme comes as South Africa continues to face frequent power disruptions, driven by ageing coal plants, delayed maintenance, and rising demand. Eskom is under pressure to keep the grid stable while also responding to environmental…

Oluwatosin Alao Oluwatosin Alao

Beninese-Gabonese oil mogul Samuel Dossou-Aworet’s Aradel stake nears $500 million as shares rally on NGX

Samuel Dossou-Aworet’s Aradel stake nears $500 million as shares rally on the Nigerian Exchange driven by strong earnings and rising valuation.

Omokolade Ajayi Omokolade Ajayi

Sahara Group launches bunkering operations in Mauritania

Sahara Group has begun bunkering operations in Mauritania after receiving a 2026 bunkering licence from the government, a move expected to strengthen the country’s growing role in West Africa’s maritime trade network. The launch comes as shipping traffic across the Atlantic coast continues to rise, driven by energy exports, mining activity and regional trade.  The company said the new operation will help improve access to marine fuel for vessels operating along major shipping routes in West and North-West Africa. Industry…

Oluwatosin Alao Oluwatosin Alao

Oikocredit joins $6.25 million first close of clean energy lending vehicle for Sub-Saharan Africa

Impact investor Oikocredit joins $6.25 million first close of Hummingbird One, a clean energy lending fund targeting Sub-Saharan Africa. deal

Feyisayo Ajayi Feyisayo Ajayi

Ghana set to ramp up gold purchases as mining rules tighten for foreign firms

Bank of Ghana to buy 30 percent of miners’ gold output from June 1 to boost reserves, stabilize currency, and expand local refining.

Omokolade Ajayi Omokolade Ajayi

Cameroonian investor Fabrice Ndjodo builds Afrotopia into rising force in African private equity

Cameroonian investor Fabrice Ndjodo is building Afrotopia into a rising African private equity force through cross-border deals and patient capital.

Feyisayo Ajayi Feyisayo Ajayi

Australia’s Invictus Energy advances Zimbabwe gas project

Invictus Energy signs Zimbabwe gas deal, advancing Cabora Bassa project ahead of Musuma-1 drilling in 2026.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian oil mogul Gabriel Ogbechie loses $10 million from Eterna stake

Gabriel Ogbechie’s stake in Eterna Plc drops by $10 million as shares fall 32% on the Nigerian Exchange amid weak earnings.

Timilehin Adejumobi Timilehin Adejumobi