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.

Top 15 most valuable stocks on the Malawi stock exchange

Malawi Stock Exchange’s top 15 companies, led by banks and telecoms, account for nearly all market capitalization and investor growth.

Feyisayo Ajayi Feyisayo Ajayi

Zenith Bank pays $1.4 million in penalties as Nigeria’s regulatory dragnet tightens

Zenith Bank paid $1.4 million in 2025 fines as CBN scrutiny intensifies, despite improved compliance and lower penalties year-on-year.

Feyisayo Ajayi Feyisayo Ajayi

Baloobhai Patel linked-Absa Kenya inks asset finance deal with Japanese vehicle exporter

Absa Kenya partners World Navi to offer structured financing for vehicle imports from Japan, easing upfront costs and expanding car…

Feyisayo Ajayi Feyisayo Ajayi
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Latest Business News

Mauritius’ Zafiri fund targets $1 billion valuation with IFC’s $120 million off-grid push in Africa

Zafiri targets $1 billion valuation as IFC commits $120 million to expand off-grid energy and clean cooking access across Africa.

Feyisayo Ajayi Feyisayo Ajayi

Standard Chartered to sell East Africa HQ as it scales back presence 

Standard Chartered sells its Nairobi headquarters as part of an Africa and Middle East restructuring focused on efficiency and wealth banking.

Timilehin Adejumobi Timilehin Adejumobi

Cloud9 acquires M-Tickets, targeting Africa’s fast-growing events economy

Cloud9, a fintech startup aimed at providing digital banking, payments and savings for young Africans, has acquired digital ticketing platform M-Tickets. The move signals a further consolidation in a sector that has expanded quickly as Kenya’s growing middle class looks for easier ways to access live entertainment. In cities such as Nairobi, more consumers now buy tickets on mobile phones, pay through digital wallets and expect instant confirmation. That shift has brought financial technology and entertainment platforms into closer alignment…

Oluwatosin Alao Oluwatosin Alao

Egyptian billionaire Naguib Sawiris’ net worth hits $11.3 billion as $400 million flows into gold

Egyptian billionaire Naguib Sawiris boosts wealth to $11.3 billion as $400 million flows into gold, strengthening his mining portfolio.

Omokolade Ajayi Omokolade Ajayi

Kenya’s richest banker James Mwangi’s stake in Equity Group tops $70 million

James Mwangi’s Equity Group stake tops $70 million as shares rally, boosting wealth and reinforcing investor confidence in the lender.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s real estate push gets $500 million boost from Gulf investors

Egypt’s property sector gains a $500 million boost as Delta Capital and UAE investors launch mixed-use projects.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s Metair secures $198 million debt refinance, extends maturity to 5 years

Metair refinances $198 million debt, extending maturity to five years to ease pressure and support capital spending ahead of FY2026 shift.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s Access Holdings skips 2025 dividend as $380 million impairment hits income

Access Holdings will skip its 2025 final dividend after $380 million impairment charges weighed on earnings despite profit growth and asset expansion.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Nedbank secures 77% backing for $856 million NCBA acquisition in Kenya

Nedbank secures 77% backing for its $856 million NCBA stake acquisition, advancing a cross-border deal to expand into Kenya’s fast-growing banking market.

Feyisayo Ajayi Feyisayo Ajayi