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.

Vodacom Tanzania invests $28 million in Kenya digital payments upgrade    

Vodacom Tanzania invests $28 million to modernize M-Pesa, improve security, and expand digital payments across East Africa.

Timilehin Adejumobi Timilehin Adejumobi

Top 15 most valuable companies in Africa

South African giants dominate a fresh list of Africa’s top firms by market value, led by tech investor Naspers and…

Feyisayo Ajayi Feyisayo Ajayi

7 listed sugar firms in Africa

Africa’s listed sugar producers anchor food security, cut imports, invest billions, and expand into ethanol, energy, and exports across key…

Feyisayo Ajayi Feyisayo Ajayi
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Latest Business News

Construction starts on $39 million GrandWest Mall project in South Africa

South Africa’s retail property sector is set for a major addition as construction begins on the R650 million ($39 million) GrandWest Mall in Cape Town, a development expected to strengthen one of the city’s busiest entertainment and commercial hubs.  The project moved into its building phase after the transfer of land to a joint venture between Flanagan & Gerard Property Group and GrandWest, a unit of Sun International, clearing the final legal and planning steps needed to begin work.  Set…

Oluwatosin Alao Oluwatosin Alao

Landgate expands Nigeria housing footprint with 800 new homes in pipeline

Landgate expands housing in Lagos and Ogun with over 800 homes, including student hostels and estates across key growth corridors in Nigeria.

Timilehin Adejumobi Timilehin Adejumobi

After $594 million profit Ecobank targets $350 million debt raise, sustainability

Ecobank is tapping global debt markets with a $350 million Tier 2 issuance to refinance existing notes and fund sustainability-linked financing across Africa.

Omokolade Ajayi Omokolade Ajayi

Dangote Cement becomes Nigeria’s most valuable company as London listing looms

Dangote Cement becomes Nigeria’s most valuable listed company with a $13.4 billion market cap share surge aligns with London listing plans under consideration.

Omokolade Ajayi Omokolade Ajayi

Bank of Africa DRC gets $5 million IFC-backed trade finance facility

IFC weighs $5 million trade finance facility for Bank of Africa DRC to boost SME imports, exports, and ease Congo’s trade funding gap.

Feyisayo Ajayi Feyisayo Ajayi

FNB backs Cape Town luxury real estate project with $61 million

FNB commits $61 million to Cape Town’s Paradigm luxury project, signaling strong demand for prime city-centre residential property.

Timilehin Adejumobi Timilehin Adejumobi

Rwanda-based Admaius launches $500 million for African equity expansion

Admaius launches $500 million African growth fund as IFC weighs $25 million backing for expansion across key sectors and major markets.

Feyisayo Ajayi Feyisayo Ajayi

Kenyan court orders Safaricom to pay software developer $10.8 million in M-Pesa copyright case

Kenyan court orders Safaricom to pay software developer $10.8 million (Ksh1.4 billion) over M-Pesa child wallet copyright case.

Omokolade Ajayi Omokolade Ajayi

AngloGold Ashanti opens 2026 with $1.5 billion profit, unveils $2 billion buyback

AngloGold Ashanti Plc. posts $1.2 billion record cash flow, unveils $2 billion buyback as gold prices surge

Feyisayo Ajayi Feyisayo Ajayi