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.

NCBA partners with Kabarak University on business training initiative

Kenyan SMEs gain skills through the NCBA-Kabarak partnership.

Timilehin Adejumobi Timilehin Adejumobi

10 countries in Africa with the biggest Forex reserves

Africa’s top forex holders reveal how oil wealth, tourism and diversified exports fuel reserves and shape economic resilience across the…

Feyisayo Ajayi Feyisayo Ajayi

FSD Africa unveils $30 million fund backing early-stage African startups

New FSD Africa fund backs early-stage African insurtech startups.

Timilehin Adejumobi Timilehin Adejumobi
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Latest Business News

Dangote Refinery expansion to add 95,000 jobs at peak

Dangote says refinery expansion to 1.4m bpd will employ 95,000 skilled workers at peak construction in Nigeria

Timilehin Adejumobi Timilehin Adejumobi

AJE Group plans $150 million Egypt investment in Africa push

AJE Group eyes $150 million Egypt expansion, scaling beverage output and strengthening its Africa growth strategy by 2030.

Timilehin Adejumobi Timilehin Adejumobi

Sun Pharma’s $11.75 billion Organon deal set to reshape Kenyan drug market

Sun Pharma’s $11.75 billion Organon deal reshapes global pharma, with ripple effects for Kenya’s drug access and pricing dynamics.

Feyisayo Ajayi Feyisayo Ajayi

Saki Macozoma’s rise: Prisoner to mining mogul in South Africa

Saki Macozoma rose from Robben Island prisoner to mining mogul, shaping South Africa’s post-apartheid business and investment landscape.

Feyisayo Ajayi Feyisayo Ajayi

Kenya’s CIC Group clears $10.3 million Co-operative Bank debt to boost East Africa growth

CIC Group repays $10.3 million Co-operative Bank loan, cutting debt, boosting solvency and positioning for growth across East Africa.

Feyisayo Ajayi Feyisayo Ajayi

Tanzania launches $7.68 million deep-sea vessel to revive state fishing firm, curb illegal catch losses

Tanzania launches $7.68 million deep-sea vessel to revive TAFICO, curb illegal fishing losses and boost blue economy drive in Dar es Salaam

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s youngest dealmaker Folasope Aiyesimoju closes in on $150 million NGX portfolio value

Folasope Aiyesimoju, Nigeria’s youngest dealmaker, nears $150 million NGX portfolio value as UACN and CAP rally adds nearly $50 million gains.

Feyisayo Ajayi Feyisayo Ajayi

Nissan picks Egypt over South Africa in $45 million Africa expansion shift

Nissan redirects $45 million to Egypt, raising output and exports as South Africa loses key manufacturing capacity.

Timilehin Adejumobi Timilehin Adejumobi

UBA posts $2.4 billion gross earnings; Tony Elumelu raises stake

UBA reports $2.4 billion gross earnings in 2025 as Tony Elumelu increases his stake to 14.27 percent amid strong growth.

Omokolade Ajayi Omokolade Ajayi