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

Unpaid export earnings hit $228 million for Zimbabwe platinum producers

Zimbabwe Platinum Producers are owed $228 million in export earnings, raising liquidity concerns and investor risks.

Timilehin Adejumobi Timilehin Adejumobi

South African giant Naspers forecasts 28% earnings jump on e-commerce growth

Naspers expects up to 28 percent earnings growth as e-commerce strength and global internet investments boost profitability across key markets.

Omokolade Ajayi Omokolade Ajayi

Zimbabwe’s richest man Strive Masiyiwa shares lesson from failed Nigerian investment pitch

Strive Masiyiwa shares a vital lesson on investment discipline and personal satisfaction gained from a rejected telecom pitch in Nigeria.

Omokolade Ajayi Omokolade Ajayi

FMO to open office in Abidjan, expanding West Africa presence     

FMO to open office in Abidjan as Dutch development bank expands West Africa operations, boosting investment and partnerships.

Timilehin Adejumobi Timilehin Adejumobi

BII backs Côte d’Ivoire businesses with $34 million NSIA Banque loan

BII NSIA Banque Côte d’Ivoire Loan injects $34 million to expand SME financing, support women-led businesses and growth.

Timilehin Adejumobi Timilehin Adejumobi

How African entrepreneurs can build a car business empire using NCBA’s vehicle model

African entrepreneurs can build scalable auto empires with NCBA model by controlling financing, resale, and distribution across the full vehicle value chain.

Feyisayo Ajayi Feyisayo Ajayi

Patrice Motsepe, Africa’s first Black billionaire, rebounds after $800 million drop

Patrice Motsepe sees a $200 million wealth rebound as mining stocks recover, lifting his net worth to $3.8 billion.

Omokolade Ajayi Omokolade Ajayi

Kenya turns to TDB, AFC for $1.2 billion airport upgrade

Kenya Airport Upgrade secures $1.2 billion financing to expand JKIA, triple passenger capacity and boost East Africa aviation.

Timilehin Adejumobi Timilehin Adejumobi

Datatec to pay out $434 million after $400 million Westcon refinancing deal

Datatec will return $434 million to shareholders after raising $400 million via Westcon refinancing with General Atlantic deal.

Feyisayo Ajayi Feyisayo Ajayi