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

RMB seals $1.8 billion Nigeria-Niger transport corridor deal

RMB Nigeria secures a $1.8 billion Kano-Maradi Railway Financing Deal, boosting trade, logistics and regional growth.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwe approves second gold refinery as output climbs

Zimbabwe approves a second gold refinery as rising output and strong prices drive investment in its mining sector.

Oluwatosin Alao Oluwatosin Alao

South Africa’s Lesaka extends $67.3 million Bank Zero deal deadline to 2027 amid regulatory approvals

Lesaka extends $67.3 million Bank Zero deal to 2027 as regulatory approvals delay a key fintech expansion in South Africa.

Feyisayo Ajayi Feyisayo Ajayi

Alios Finance Cameroon loses market lead one year after Ivorian businessman Serge-Aimé Bilé’s takeover

Alios Finance loses Cameroon credit lead to SCE one year after Credaf acquisition, amid sharp market share decline.

Feyisayo Ajayi Feyisayo Ajayi

BUA Foods adds $2.3 billion to Nigerian billionaire Abdul Samad Rabiu’s fortune

BUA Foods’ 2026 rally added $2.3 billion to Abdul Samad Rabiu’s fortune, driven by efficiency gains and stronger margins despite weaker revenue.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Vukile Property Fund expands into Italy with 3 retail assets

South Africa's Vukile Property Fund enters Italy with three retail acquisitions, expanding its European footprint.

Oluwatosin Alao Oluwatosin Alao

Bidcorp CEO Bernard Berson, CFO sell $2.1 million shares to meet tax obligations

Bidcorp CEO Bernard Berson and CFO David Cleasby sold $2.1m shares to meet tax obligations, JSE filing shows, June 11, 2026.

Feyisayo Ajayi Feyisayo Ajayi

Galileo Resources exits Botswana copper assets, bets on Zambia and Zimbabwe

Galileo Botswana copper exit sees firm sell Botswana copper assets to focus on Zambia and Zimbabwe amid rising demand for critical minerals.

Timilehin Adejumobi Timilehin Adejumobi

Nedbank COO Mfundo Nkuhlu pockets $2.2 million in 2025 pay package

Nedbank COO Mfundo Nkuhlu’s 2025 pay totals R35.2 million ($2.2 million) as bonuses and stock awards decline despite steady bank performance.

Omokolade Ajayi Omokolade Ajayi