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

Lihaxa launches AI healthcare platform to simplify access to care in Nigeria

Lagos health-tech startup Lihaxa launched Ally, an AI tool on WhatsApp connecting patients to licensed doctors to ease clinic bottlenecks in Nigeria.

Omokolade Ajayi Omokolade Ajayi

Woolworths expands food business with new NOW NOW outlet in South Africa

Woolworths expands its NOW NOW food business with a new Somerset Mall outlet, taking its fast-casual concept to 10 dedicated locations in South Africa.

Oluwatosin Alao Oluwatosin Alao

Terra Industries wins $1 million mining security contract in Nigeria

Terra Industries wins a $1 million contract to provide autonomous security for Anka Metals’ Jema’a mining project in Kaduna.

Omokolade Ajayi Omokolade Ajayi

Jubilee Metals weighs Tjate sale as it shifts focus to Zambia copper

Jubilee Metals weighs a Tjate sale as it shifts focus to copper mining, processing and refining in Zambia.

Timilehin Adejumobi Timilehin Adejumobi

Nairobi-based Watu secures $7 million debt facility from AHL Venture Partners

Watu has secured a $7 million debt facility from AHL Venture Partners to expand lending across selected African markets.

Omokolade Ajayi Omokolade Ajayi

Kenya’s Twiga Foods falls into administration after raising $185 million

Kenya’s Twiga Foods enters administration after raising $185 million, following years of debt, losses and restructuring efforts.

Omokolade Ajayi Omokolade Ajayi

Optasia profit surges 58% to $36.9 million on booming mobile financial services

Optasia’s net profit jumped 58 percent to $36.9 million in H1 2026, driven by an 84 percent surge in mobile financial services across African markets.

Omokolade Ajayi Omokolade Ajayi

Nigerian billionaire Aliko Dangote launches Africa’s biggest IPO at $49B valuation

Nigeria’s Aliko Dangote launches Africa’s biggest IPO, offering retail investors a 3.3 percent stake in his Lagos oil refining facility.

Omokolade Ajayi Omokolade Ajayi

South African businessman Lucas Legabe granted bail over $13 million cocaine theft case

South African businessman Lucas Legabe was granted R50,000 ($3,080) bail over alleged theft of cocaine worth $13.31 million from a Hawks facility.

Feyisayo Ajayi Feyisayo Ajayi