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.

10 big church auditoriums in Africa

Africa’s megachurch boom is reshaping skylines as vast auditoriums emerge as worship hubs, civic venues and symbols of rising religious…

Feyisayo Ajayi Feyisayo Ajayi

Coca-Cola expands South African operations with $1 billion investment plan

The move underscores South Africa’s enduring importance to Coca-Cola, which first began bottling locally in 1928.

Omokolade Ajayi Omokolade Ajayi

Africa’s 20 most expensive luxury residences redefining elite real estate

From smart villas to beachfront estates, Africa’s luxury homes are raising global real estate standards.

Timilehin Adejumobi Timilehin Adejumobi
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Latest Business News

Anglo American plans $3.8 billion sale of Australian coal mines 

Anglo American agrees to sell its Australian coal mines for up to $3.88 billion, accelerating its shift toward copper and debt reduction.

Timilehin Adejumobi Timilehin Adejumobi

Africa’s richest man, Aliko Dangote, expands Ethiopia fertiliser bet to over $4 billion

Dangote raises Ethiopia fertiliser investment above $4 billion, expanding integrated agro-industrial production infrastructure project.

Feyisayo Ajayi Feyisayo Ajayi

Safaricom’s licence costs rose to $127 million after securing a 25-year permit in Kenya

Safaricom pays $127 million for 25-year licence, boosting regulatory certainty and supporting long-term telecom, broadband and fintech growth.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Accelerate cancels $4.8 million Bosveld Mall sale after buyer withdrawal

Accelerate cancels $4.8 million Bosveld Mall sale after buyer withdraws, weighing legal action and restarting search for new investors.

Feyisayo Ajayi Feyisayo Ajayi

Tony Elumelu at Africa Forward Summit: “Our Youth Do Not Need Handouts”

Tony Elumelu urges equal partnerships, jobs, electricity, and infrastructure to unlock Africa’s youth potential at Africa Forward Summit.

Editorial Team Editorial Team

Starlink secures Uganda license for satellite internet rollout 

Uganda grants a license to Starlink, clearing the way for satellite broadband rollout led by SpaceX.

Timilehin Adejumobi Timilehin Adejumobi

Kenya’s Credit Bank wins bid to sell properties tied to Mui Basin coal project

Kenya’s Credit Bank wins court approval to recover Ksh80 million ($618,529) from Mui Basin coal investors through sale of Uthiru properties, ruling says. High Court.

Feyisayo Ajayi Feyisayo Ajayi

10 biggest farms in Egypt

Egypt’s largest farms span desert reclamation and Nile corridors, boosting food security, exports and agribusiness growth nationwide today.

Feyisayo Ajayi Feyisayo Ajayi

FNB, Pick n Pay roll out $35 million rewards boost for shoppers

South African consumers under pressure from rising food and living costs are increasingly turning to rewards programs to stretch household budgets, pushing retailers and banks to deepen partnerships built around everyday spending. First National Bank, a unit of FirstRand, and Pick n Pay Stores Ltd., the South African grocery chain said their joint eBucks initiative has delivered more than $35 million in customer rewards since launching a year ago, highlighting growing demand for savings linked to groceries and daily purchases. …

Oluwatosin Alao Oluwatosin Alao