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.

Ernesto Taricone: Inside the business empire of one of Ghana’s richest men

Italian-Ghanaian tycoon Ernesto Taricone built Ghana’s richest private empire through vertically integrated real estate, construction, agriculture and materials assets.

Feyisayo Ajayi Feyisayo Ajayi

Super Group posts $1.43 billion H1 2026 revenue despite UK headwinds

Super Group posts $1.43 billion H1 2026 revenue as supply chain and dealerships lift earnings, despite UK headwinds.

Feyisayo Ajayi Feyisayo Ajayi

Hilton enters Togo, adds Morocco and Congo in DoubleTree Africa push

Hilton expands in Africa with three new DoubleTree hotels in Togo, Morocco, and Congo, boosting business and leisure travel.

Feyisayo Ajayi Feyisayo Ajayi
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Latest Business News

Africa anchors $1.1 billion of Proparco’s $2.9 billion deals in 2025

Proparco commits $2.9 billion globally in 2025, with $1.1 billion to Africa, reinforcing focus on private sector growth and climate finance.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian billionaire Abdul Samad Rabiu’s BUA Cement posts $130 million profit in Q1 2026

BUA Cement reports stronger Q1 2026 earnings, with profit rising to $130 million on higher sales volumes and steady demand.

Omokolade Ajayi Omokolade Ajayi

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Zenith Bank gains N3 trillion, becomes first Nigerian bank valued above N5 trillion

Omokolade Ajayi Omokolade Ajayi

Kenya, Uganda in talks with Africa’s richest man, Aliko Dangote over East African refinery project

Kenya, Uganda in talks with Aliko Dangote to build Tanzania refinery, targeting regional crude processing and reducing fuel imports.

Feyisayo Ajayi Feyisayo Ajayi

Gabon targets new BP, Exxon partnerships to boost offshore output

Gabon is stepping up efforts to revive its oil and gas sector, seeking new partnerships with global energy companies as it works to lift offshore production and attract fresh investment. The Central African nation, a member of OPEC, is aiming to position itself as a competitive destination for offshore exploration in West Africa.  Officials say the government is in talks to sign production-sharing contracts with BP and Exxon Mobil within the next four to six months. The agreements, if completed,…

Oluwatosin Alao Oluwatosin Alao

Swiss-Tanzanian investor Patrick Schegg builds quiet $106 million portfolio on DSE

Swiss-Tanzanian investor Patrick Schegg builds $106 million stake across CRDB and NMB banks on the Dar es Salaam Stock Exchange market value

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Fortress REIT raises $97 million in landmark bond deal

Fortress REIT secures $97 million in a landmark Zaronia-linked bond, signaling investor confidence and a shift in South Africa’s debt markets.

Timilehin Adejumobi Timilehin Adejumobi

Clicks Group reports $1.5 billion turnover under Bertina Engelbrecht

Clicks Group posts $1.5 billion turnover, driven by strong pharmacy and wholesale growth despite retail disruptions and supply constraints report.

Feyisayo Ajayi Feyisayo Ajayi

Co-op Bank unveils holding company shift under Gideon Muriuki

Co-op Bank posts record $229.6 million profit, unveils holding company shift to drive regional expansion and efficiency.

Feyisayo Ajayi Feyisayo Ajayi