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

South Africa’s Tharisa advances $391 million to complete phase 1 of Karo project in Zimbabwe

Tharisa nears full financing for its $391 million Karo Platinum project in Zimbabwe, targeting first production by H2 2027.

Feyisayo Ajayi Feyisayo Ajayi

Morocco’s OCP raises $1.5 billion in first international hybrid bond

OCP raises $1.5 billion hybrid bond, attracting about $7 billion in orders from global investors across 23 countries.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Biovac lands $89 million to expand Africa vaccine production capacity

Biovac lands $89 million to scale vaccine manufacturing in Africa, targeting cholera, polio, and boosting regional health security.

Timilehin Adejumobi Timilehin Adejumobi

Meet Maryse Mbonyumutwa, founder turning Rwanda’s Pink Mango into global brand

Maryse Mbonyumutwa is building a fashion business from Kigali with a clear focus: make Africa a reliable base for global apparel production while keeping jobs, skills and value on the continent.  The Rwandan entrepreneur is the founder and chief executive of Pink Mango, a garment manufacturer, and Asantii, a fashion label rooted in African design. She is also the granddaughter of Dominique Mbonyumutwa, Rwanda’s interim first president, a link to history that sits alongside a distinctly modern business agenda. Rwanda…

Timilehin Adejumobi Timilehin Adejumobi

Trafigura pays $1 billion for Gabon oil, tightening grip on Africa output

Singapore-based commodities trader Trafigura has agreed to a $1 billion prepayment deal with Gabon, securing future crude supplies in a move that highlights the growing use of oil-backed financing across Africa.  The agreement gives Gabon immediate access to funds at a time when many resource-rich economies are looking for ways to steady public finances and fund development without taking on traditional debt.  For Trafigura, the deal offers something just as important: reliable, long-term access to crude in a competitive global…

Oluwatosin Alao Oluwatosin Alao

Aliko Dangote’s $50 billion refinery IPO set to create Africa’s most valuable company

Aliko Dangote’s $50 billion refinery IPO could create Africa’s most valuable company as a pan-African listing targets up to 2 million investors.

Omokolade Ajayi Omokolade Ajayi

Accor, Contact Developments to open Pullman hotel in Egypt’s new capital

Accor partners Contact Developments to launch Pullman New Capital Hotel & Residences in Egypt’s emerging administrative capital hub.

Timilehin Adejumobi Timilehin Adejumobi

Ecobank posts $594 million profit amid surging returns in 2025

Ecobank posts $594 million profit in 2025 as revenue rises 17%, driven by diversification, digital growth and strong execution.

Feyisayo Ajayi Feyisayo Ajayi

Elumelu’s Heirs Energies Holds $800m Seplat Stake as Stock Hits Historic N10,000

Months after Tony Elumelu’s $500 million, Seplat Energy becomes first NGX stock to cross N10,000 per share.

Editorial Team Editorial Team