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.

Mozambique debt crisis deepens as World Bank weighs support
BusinessTechnology

World Bank weighs options to ease Mozambique’s mounting debt burden

Mozambique debt crisis deepens as World Bank weighs support, with LNG seen as key to economic recovery and stability

Oluwatosin Alao Oluwatosin Alao
Outgoing Chief Executive Officer John Lamola
BusinessHot News

SAA under scrutiny after CEO John Lamola’s exit as AG flags weak controls, revenue leaks

The findings come at a sensitive time for the national carrier. Lamola is set to step down at the end…

Omokolade Ajayi Omokolade Ajayi
Africa’s biggest textile firms
BusinessHot News

10 of Africa’s biggest textile firms

Africa’s biggest textile firms are driving industrial revival, jobs, and exports as policy shifts, urban demand, and sustainability reshape supply…

Feyisayo Ajayi Feyisayo Ajayi
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Latest Business News
Hulamin extrusions business sale
Featured

South Africa’s Hulamin sells extrusions unit following net loss of $2.2 million

Hulamin to sell loss-making extrusions unit for over half a million dollars, sharpening focus on core rolled products and improving efficiency.

Feyisayo Ajayi Feyisayo Ajayi
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FAPCL mall sale Kenya
FAPCL mall sale Kenya

Dias Family’s FAPCL puts high-yield Kenyan mall generating nearly $1 million up for sale

FAPCL Group lists a high-occupancy Kenyan mall for sale, signaling strong investor appetite for income-generating retail assets.

Feyisayo Ajayi Feyisayo Ajayi
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Alain Nkontchou, Co-founder Enko Capital
Alain Nkontchou

Alain Nkontchou’s Enko Capital acquires Servair fast-food unit, Burger King

Enko Capital acquires Servair’s fast-food unit in Côte d’Ivoire, including Burger King franchise, expanding into West Africa’s QSR market.

Timilehin Adejumobi Timilehin Adejumobi
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Cameroon SME financing

IFC’s nearly $1 million play set to rewrite who gets credit in emerging markets of Cameroon

IFC advances $950,000 advisory in Cameroon to help SMEs become investment-ready and improve access to credit in constrained markets.

Feyisayo Ajayi Feyisayo Ajayi
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Senegal Yakaar-Teranga gas project
African energy

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
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IFC livestock value chain financing
Featured

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
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Ivan Glasenberg Glencore dividend
Featured

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
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Ghana miners oppose new local outsourcing plan over job concerns
Africa mining

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
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South Africa’s national rail master plan outlining a $181.5 billion infrastructure investment to expand freight and passenger rail capacity.
South Africa

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
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