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.

Dangote Cement signs $1 billion expansion deal to boost African production

Dangote Cement signs $1 billion deal to expand production across seven African countries, boosting capacity to 80M tonnes by 2030.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s richest man faces $2.2 billion loss amid global unrest

The Bloomberg Billionaires Index now pegs his net worth at $17.2 billion, down from $19.5 billion on Jan. 1.

Omokolade Ajayi Omokolade Ajayi

Norbert Sasse: CEO of Growthpoint, South Africa’s largest real estate investment trust

Norbert Sasse leads Growthpoint Properties, South Africa’s largest REIT, driving expansion across global real estate markets.

Timilehin Adejumobi Timilehin Adejumobi
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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

Zimbabwe restricts small-scale gold mining to citizens, tightening sector rules

Zimbabwe restricts small-scale gold mining to citizens in policy shift aimed at boosting local control and retaining mining earnings.

Omokolade Ajayi Omokolade Ajayi

Nigerian banker and lawyer Sa’adat Mohammed set to earn N450 million dividend in 2025

Nigerian banker and lawyer Sa’adat Mohammed is set to earn over N450 million dividend from Jaiz Bank’s 2025 payout on strong results in 2025.

Feyisayo Ajayi Feyisayo Ajayi