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

Absa Bank wins bid to uphold summary judgment against Ivan Bjorkman’s Guesthouse

Absa Bank has upheld a summary judgment against Ivan Bjorkman and Her Majesty’s Guesthouse after a Gauteng High Court rescission bid failed.

Feyisayo Ajayi Feyisayo Ajayi

Cape Town-Paris direct flights return as Air France expands Africa service

Air France will resume direct Cape Town-Paris flights in September 2026, increasing service to five weekly flights from November

Oluwatosin Alao Oluwatosin Alao

Jubilee Holdings profit climbs to $27 million in H1 2026 as investments drive growth

Jubilee Holdings’ H1 2026 profit rose 12.7% to $27 million as investment income offset weaker insurance operations.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s SODIC secures $147 million financing for North Coast project

SODIC June financing backs development of the luxury North Coast project in Ras El Hekma, strengthening Egypt’s real estate market.

Timilehin Adejumobi Timilehin Adejumobi

Kenya Airport strike disrupts travel as thousands face flight delays

Kenya airport strike disrupts flights at Nairobi’s JKIA, leaving thousands of passengers facing long delays, cancellations and travel uncertainty.

Oluwatosin Alao Oluwatosin Alao

Glencore takes $480 million provision on Radiant World exposure  

Glencore takes a $480 million provision on Radiant World exposure amid investigations and efforts to exit remaining contracts.

Timilehin Adejumobi Timilehin Adejumobi

Kenya Central Bank clears Nedbank’s 66% acquisition of NCBA

Nedbank NCBA acquisition wins Kenya approval, clearing a key hurdle for the South African bank’s planned 66% stake in NCBA.

Timilehin Adejumobi Timilehin Adejumobi

UAE’s ePointZero to acquire 90% stake in Africa’s Azura Power

ePointZero Azura Power deal will give the UAE group a 90% stake in Africa’s Azura Power and expand its power infrastructure footprint.

Timilehin Adejumobi Timilehin Adejumobi

Orascom Investment eyes airport deals as Egypt prepares 11 airports for private partnerships

Orascom Investment is exploring airport deals as Egypt prepares to place 11 airports under private-sector management and attract new investors.

Feyisayo Ajayi Feyisayo Ajayi