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

Eskom urged to shift grid control to NTCSA amid South Africa power strain

South Africa’s power sector is under fresh strain as tensions rise between Eskom and independent power producers, sharpening concerns about grid access, energy security and the pace of renewable energy investment.  A recent court ruling has brought the issue into sharper focus, raising questions about how scarce grid capacity is shared in one of Africa’s tightest electricity markets. Demand for solar, wind and battery storage projects is growing, but limited transmission capacity is slowing new connections.  For investors, the dispute…

Oluwatosin Alao Oluwatosin Alao

Andrada Mining raises $11 million to accelerate critical minerals expansion in Namibia

Andrada Mining secured $11 million in private placement to expand tin and critical minerals production in Namibia, strengthening its balance sheet.

Feyisayo Ajayi Feyisayo Ajayi

Algeria kicks off oil, gas licensing round to expand Africa supply

Algeria opens 2026 licensing round with seven blocks, targeting higher output, fresh capital and stronger energy ties with Europe.

Timilehin Adejumobi Timilehin Adejumobi

Egyptian billionaire Nassef Sawiris’ OCI posts $1.6 billion revenue in 2025

OCI posts $1.61 billion 2025 revenue, up 24% year over year, driven by strong nitrogen demand and ongoing portfolio restructuring.

Feyisayo Ajayi Feyisayo Ajayi

Malawian billionaire Thom Mpinganjira’s FDH Bank pays $6.7 million dividend in 2025

FDH Bank declares $6.7 million dividend for 2025 despite lower payout, backed by strong profit growth and rising income streams.

Feyisayo Ajayi Feyisayo Ajayi

Why Egypt’s Hassan Allam is betting on Africa’s most valuable resource with acquisition of MetiPro

Hassan Allam acquires MetiPro to expand water infrastructure footprint, betting on rising demand for water security across Africa.

Feyisayo Ajayi Feyisayo Ajayi

Kenya plans $500 million debut green bond as Iran war shakes economy

Kenya plans a $500 million green bond with World Bank support as oil price shocks and global tensions pressure its economy and financing.

Omokolade Ajayi Omokolade Ajayi

Durban-born mining executive Nompumelelo Zikalala’s pay hits $2.1 million in 2025

Nompumelelo Zikalala earned $2.1 million in 2025 after Kumba Iron Ore reported $1.95 billion EBITDA and stronger performance.

Omokolade Ajayi Omokolade Ajayi

Congo set to overtake Ethiopia as sub-Saharan Africa’s fifth-largest economy

Congo projected to overtake Ethiopia as sub-Saharan Africa’s fifth-largest economy, driven by mining, currency gains and IMF projections.

Omokolade Ajayi Omokolade Ajayi