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 Strongest Currencies in Africa

Africa’s 10 strongest currencies in 2025, shaped by policy, resources, trade, and resilience amid global challenges.

Feyisayo Ajayi Feyisayo Ajayi

Afrirent’s hospitality pivot tests South Africa’s black-owned champions

Afrirent’s bold move into hotels tests the resilience and cash discipline of South Africa’s leading black-owned firms.

Feyisayo Ajayi Feyisayo Ajayi

Banque Centrale Populaire takes full control of Atlantic Business International in $200 million deal

Morocco’s Banque Centrale Populaire buys out ABI in a $200 million deal, securing full control of a West and Central…

Feyisayo Ajayi Feyisayo Ajayi
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Latest Business News

Yasseen Mansour’s Palm Hills stake nears $100 million as Egypt property stocks rally

Yasseen Mansour’s Palm Hills stake nears $100 million as shares surge, driven by strong earnings and rising investor demand for Egypt property stocks.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s richest man Aliko Dangote plans 20,000MW power project expansion

Aliko Dangote plans a 20,000MW power project as he expands into energy, fertiliser, LNG and refinery growth across Nigeria and global markets.

Timilehin Adejumobi Timilehin Adejumobi

Egypt’s Misr Travel set for $2.4 million temporary listing on EGX

Misr Travel seeks $2.4M EGX listing as Egypt advances tourism sector reforms and state-owned asset modernization drive.

Timilehin Adejumobi Timilehin Adejumobi

Aliko Dangote refinery drives petrol prices up 82 percent in Nigeria this year

Aliko Dangote’s $20 billion refinery lifts petrol prices 82 percent in 2026, reshaping Nigeria’s fuel supply as costs climb.

Omokolade Ajayi Omokolade Ajayi

African ports miss out as Hormuz disruption reroutes shipping via Cape routes

African ports see minimal gains as Hormuz tensions divert global shipping via Cape routes, extending voyages and reshaping trade flows.

Omokolade Ajayi Omokolade Ajayi

Bram Fischer mall in Johannesburg heads to auction next week

A well-established shopping centre in Johannesburg is set to go under the hammer next week, offering investors a chance to acquire a fully operating commercial asset in one of the city’s busiest retail districts.  The Bram Fischer Shopping Centre in Randburg will be auctioned on May 12, in a sale that comes as demand for quality income-producing commercial property remains steady in South Africa’s largest city.  Located along the busy Bram Fischer Drive, the mixed-use centre has built its appeal…

Oluwatosin Alao Oluwatosin Alao

Apollo Agriculture gets $2.1 million to finance 24,000 Kenyan farmers

Apollo Agriculture secures $2.1 million in local currency debt to fund 24,000 Kenyan farmers via securitised buy-now-pay-later model financing

Feyisayo Ajayi Feyisayo Ajayi

Power shortage stalls Kenya’s $1billion Microsoft data center project

Kenya’s ambition to position itself as East Africa’s digital infrastructure hub has hit a setback after a $1 billion data center project backed by Microsoft and G42 was delayed due to insufficient electricity supply. President William Ruto said the country’s current power capacity cannot sustain the scale of the proposed facility, exposing structural weaknesses in Kenya’s energy system. Energy gap undermines timeline The data center, first unveiled during Ruto’s 2024 state visit to Washington, was scheduled for completion by May…

Timilehin Adejumobi Timilehin Adejumobi

South African executive Arno Daehnke takes $4.9 million pay from Standard Bank in 2025, to retire in 2027

Arno Daehnke earned $4.9 million in 2025 as Standard Bank posted strong growth ahead of his planned 2027 retirement.

Feyisayo Ajayi Feyisayo Ajayi