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.

Mauritian property giant Ascencia shapes the island’s retail landscape with seven malls

Ascencia, Mauritius’s top property firm, reshapes retail through seven malls, hosting 500 stores and 22 million yearly visitors.

Feyisayo Ajayi Feyisayo Ajayi

7 richest telecom tycoons in Africa

Africa’s telecom rise is driven by powerful tycoons whose networks expanded connectivity, reshaped markets and built billion-dollar digital empires.

Feyisayo Ajayi Feyisayo Ajayi

Champion Breweries expands footprint with Bullet drinks acquisition

Nigerian brewer Champion secures Bullet brand, fueling regional growth in RTDs and energy drinks.

Timilehin Adejumobi Timilehin Adejumobi
- Advertisement -
Ad imageAd image
Latest Business News

Senegal secures major gas field following Kosmos Energy exit

Senegal assumes full control of the Yakaar-Teranga gas project after Kosmos Energy exit, signaling a stronger state role in energy.

Timilehin Adejumobi Timilehin Adejumobi

Alema Koudijs Feed gets $10 million IFC loan to expand feed production in Ethiopia

IFC proposes $10M loan to Alema Koudijs Feed to expand Ethiopia feed mill, boosting livestock value chain and cutting imports in Ethiopia. now

Feyisayo Ajayi Feyisayo Ajayi

South African billionaire Ivan Glasenberg to pocket $207 million from Glencore dividend payout

Glencore’s $2.24 billion dividend hands Ivan Glasenberg a $207.3 million payout, underscoring strong returns despite mixed earnings.

Feyisayo Ajayi Feyisayo Ajayi

Ghana miners oppose new local outsourcing plan over job concerns

Ghana’s mining sector is under pressure as new rules aimed at boosting local participation begin to take hold. The policy, which requires mining firms to shift key operations to locally owned contractors, is changing how one of Africa’s largest gold industries works.  For the government, the goal is clear: keep more value at home, support local companies and reduce dependence on foreign service providers. Mining remains central to Ghana’s economy, accounting for about 40% of export earnings and supporting over…

Oluwatosin Alao Oluwatosin Alao

South Africa eyes rail revival with $181.5 billion, 30-year investment plan

South Africa’s rail master plan targets $181.5 billion over 30 years to rebuild freight and passenger capacity across 3,600 kilometers.

Omokolade Ajayi Omokolade Ajayi

Sonesta signs deal for new Royal Sonesta hotel near Giza Pyramids

Sonesta signs deal for a 208-room Royal Sonesta hotel in Giza, Egypt, near the Pyramids, set to open in 2028.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian billionaire Femi Otedola’s net worth rises to $1.5 billion as First Holdco stake nears $500 million

According to Forbes, which tracks the fortunes of the world’s wealthiest individuals, Otedola’s wealth has increased by $200 million since the beginning of 2026.

Omokolade Ajayi Omokolade Ajayi

Inside Nigeria’s growing luxury short-term rental market

Diaspora demand and investor inflows are accelerating Nigeria’s luxury short-let market across Lagos and Abuja.

Timilehin Adejumobi Timilehin Adejumobi

Egypt’s Sami Saad family-owned AlDau Hospitality secures $100 million loan for Cairo hotel expansion

IFC weighs $100 million loan for AlDau Hospitality to expand Cairo hotel near Pyramids, boosting Egypt’s tourism and jobs.

Feyisayo Ajayi Feyisayo Ajayi