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.

Future Union Holdings unveils $600 billion Africa investment plan

Future Union Holdings commits $600 billion to Africa for jobs, GDP, and development.

Timilehin Adejumobi Timilehin Adejumobi

Egypt’s Talaat Moustafa Group to develop $27 billion mega city near Cairo

TMG unveils $27 billion “The Spine” mega city east of Cairo, boosting jobs, GDP impact, and Egypt’s urban expansion drive.

Timilehin Adejumobi Timilehin Adejumobi

Sibanye-Stillwater H1 2026 revenue hits $7.3 billion

Sibanye-Stillwater posts $7.3 billion H1 2026 revenue, driven by higher metal prices, operational gains, and strategic growth projects.

Feyisayo Ajayi Feyisayo Ajayi
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Latest Business News

Nigerian monarch Lamido Sanusi’s MTN board pay may top N500 million in 2026 on stronger earnings

Nigerian monarch Lamido Sanusi, Emir of Kano, could earn above N500 million in 2026 as MTN Group performance strengthens.

Omokolade Ajayi Omokolade Ajayi

South African executive Melanie Da Costa named CEO of $1.4 billion healthcare group, Netcare

South African executive Melanie Da Costa is set to become CEO of Netcare, a $1.4 billion healthcare group, after a structured transition.

Omokolade Ajayi Omokolade Ajayi

EBID, Afriland First Bank sign $17.7 million deal to support SMEs in Côte d’Ivoire  

EBID and Afriland First Bank Côte d’Ivoire sign a $17.7 million facility to expand SME lending across key sectors.

Timilehin Adejumobi Timilehin Adejumobi

Hyprop expands beyond Africa with $139 million Bulgaria mall deal

Hyprop acquires Bulgaria’s Galleria Burgas for $139 million, accelerating Eastern Europe retail expansion.

Timilehin Adejumobi Timilehin Adejumobi

Sky Investments outlines $500 million plan for Egypt’s logistics and ports growth

Sky Investments Holding plans $500 million investment across Egypt’s ports logistics and real estate over three years, boosting infrastructure growth.

Omokolade Ajayi Omokolade Ajayi

NCC probe puts FlySafair under scrutiny as Tshepo Mahloele’s Harith advances deal

South Africa's NCC probes FlySafair over alleged overbooking as Harith General Partners advances its acquisition of the airline.

Omokolade Ajayi Omokolade Ajayi

Path to Seplat Energy chairmanship clears as Tony Elumelu joins board as non-executive director

Nigerian billionaire Tony Elumelu joins Seplat Energy board as non-executive director as stake value rises above $1 billion.

Omokolade Ajayi Omokolade Ajayi

Zimbabwean politician Kudakwashe Tagwirei’s Masimba stake gains $2.7 million on 2026 rally

Tagwirei’s Masimba stake rises $2.7 million as shares surge on Zimbabwe Stock Exchange rally, boosting investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Tiger Brands taps Apollo Africa in electricity deal

Tiger Brands signs renewable electricity deal with Apollo Africa to power Gauteng factories and cut emissions.

Timilehin Adejumobi Timilehin Adejumobi