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

Sun Pharma’s $11.75 billion Organon deal set to reshape Kenyan drug market

Sun Pharma’s $11.75 billion Organon deal reshapes global pharma, with ripple effects for Kenya’s drug access and pricing dynamics.

Feyisayo Ajayi Feyisayo Ajayi

Saki Macozoma’s rise: Prisoner to mining mogul in South Africa

Saki Macozoma rose from Robben Island prisoner to mining mogul, shaping South Africa’s post-apartheid business and investment landscape.

Feyisayo Ajayi Feyisayo Ajayi

Kenya’s CIC Group clears $10.3 million Co-operative Bank debt to boost East Africa growth

CIC Group repays $10.3 million Co-operative Bank loan, cutting debt, boosting solvency and positioning for growth across East Africa.

Feyisayo Ajayi Feyisayo Ajayi

Tanzania launches $7.68 million deep-sea vessel to revive state fishing firm, curb illegal catch losses

Tanzania launches $7.68 million deep-sea vessel to revive TAFICO, curb illegal fishing losses and boost blue economy drive in Dar es Salaam

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s youngest dealmaker Folasope Aiyesimoju closes in on $150 million NGX portfolio value

Folasope Aiyesimoju, Nigeria’s youngest dealmaker, nears $150 million NGX portfolio value as UACN and CAP rally adds nearly $50 million gains.

Feyisayo Ajayi Feyisayo Ajayi

Nissan picks Egypt over South Africa in $45 million Africa expansion shift

Nissan redirects $45 million to Egypt, raising output and exports as South Africa loses key manufacturing capacity.

Timilehin Adejumobi Timilehin Adejumobi

UBA posts $2.4 billion gross earnings; Tony Elumelu raises stake

UBA reports $2.4 billion gross earnings in 2025 as Tony Elumelu increases his stake to 14.27 percent amid strong growth.

Omokolade Ajayi Omokolade Ajayi

Morocco opens $700 million skyscraper, signals global ambitions  

Morocco opens the $700 million Mohammed VI Tower in Salé, its tallest building, blending luxury, offices and tourism.

Timilehin Adejumobi Timilehin Adejumobi

Emira boosts Octodec stake with $2.9 million share purchase, trims voluntary offer

Emira adds $2.9 million to Octodec stake, trims offer size as it nears 35% ownership threshold in South Africa’s property market.

Feyisayo Ajayi Feyisayo Ajayi