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.

Nampak’s $25 million Zimbabwe unit sale to TSL collapses

Nampak’s $25 million Zimbabwe sale to TSL collapses as shareholders reject deal, testing its turnaround strategy in a tough market.

Feyisayo Ajayi Feyisayo Ajayi

Kenya’s agribusiness, Sasini, swings to profitability after $4.4 million loss

Kenya’s Sasini Plc posts Ksh188 million ($1.46 million) profit in FY2025, reversing a $4.4 million loss as stronger coffee and…

Feyisayo Ajayi Feyisayo Ajayi

Why Africa’s projected 4.2% growth in 2025 is a turning point for the continent

Africa’s economic revival is unfolding in a way that is both significant and encouraging.

Omokolade Ajayi Omokolade Ajayi
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Latest Business News

Tanzania weighs takeover of billionaire Mo Dewji’s MeTL tea estates in Mbeya

Tanzania is reviewing options to take over or restructure Mo Dewji’s MeTL tea estates in Mbeya as government talks with the company continue.

Omokolade Ajayi Omokolade Ajayi

Egypt targets Middle East grain hub amid rising import costs and supply risks

Egypt is expanding its grain trading and storage network to serve Middle East and African markets as import costs rise and supply risks grow.

Omokolade Ajayi Omokolade Ajayi

Ghanaian mogul Kwabena Adjei’s Kasapreko cuts debt to $52 million as cash reserves climb

Kasapreko cut debt to $52 million in 2025 as cash reserves rose, strengthening its balance sheet amid expansion in Ghana's beverage market.

Feyisayo Ajayi Feyisayo Ajayi

Chevron expands Egypt gas push with new Narges field well

Chevron starts drilling in Egypt’s Narges gas field with partners to boost output and expand Eastern Mediterranean energy production.

Timilehin Adejumobi Timilehin Adejumobi

YeboYethu director Tersha Walljee exits board after Vodacom employee trust cuts stake below 8%

YeboYethu director Tersha Walljee resigns after Vodacom Siyanda Employee Trust cut stake to 7.85%, breaching board representation threshold.

Feyisayo Ajayi Feyisayo Ajayi

South African billionaire Jannie Mouton set for $27 million Capitec dividend

Mouton family to receive $27 million as Capitec lifts dividend on strong earnings and rising digital banking demand.

Feyisayo Ajayi Feyisayo Ajayi

Uber proposes $11.6 billion bid for Delivery Hero as Prosus, led by South African billionaire Koos Bekker, trims stake

Uber’s $11.6 billion bid for Delivery Hero emerges as Prosus trims stake under EU rules and competition intensifies in Europe’s food delivery market.

Omokolade Ajayi Omokolade Ajayi

Sanlam backs African clean energy trader GreenCo with $10 million

Africa’s clean energy sector is moving beyond the construction of solar and wind projects. Attention is increasingly turning to the systems that allow electricity to be traded more efficiently across borders and delivered to businesses that need reliable power.  That change is attracting investors looking for opportunities in Africa’s growing electricity market. Governments across the region continue to face pressure on public finances, leaving private investors to play a bigger role in funding energy infrastructure.  Against that backdrop, Sanlam has…

Oluwatosin Alao Oluwatosin Alao

Allan Kilavuka exits Kenya Airways with $1 million pay as airline posts $132 million loss in 2025

Kenyan business executive Allan Kilavuka exits Kenya Airways with $1.01 million pay as airline posts $132 million loss in 2025.

Omokolade Ajayi Omokolade Ajayi