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.

How inflation Is reshaping consumer spending across African economies

Inflation reshapes consumer spending and divides Africa’s economic recovery.

Timilehin Adejumobi Timilehin Adejumobi

Top 15 most valuable stocks on the Malawi stock exchange

Malawi Stock Exchange’s top 15 companies, led by banks and telecoms, account for nearly all market capitalization and investor growth.

Feyisayo Ajayi Feyisayo Ajayi

Air Seychelles launches direct Paris flights, strengthening Africa-Europe travel

Air Seychelles launches nonstop Paris flights, boosting tourism and travel links between Seychelles and Europe from March 2026.

Oluwatosin Alao Oluwatosin Alao
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Latest Business News

Co-op Bank unveils holding company shift under Gideon Muriuki

Co-op Bank posts record $229.6 million profit, unveils holding company shift to drive regional expansion and efficiency.

Feyisayo Ajayi Feyisayo Ajayi

Ghana orders Newmont, AngloGold, Zijin to hand mining work to locals by December 2026

Regulators in Ghana direct Newmont, AngloGold Ashanti and Zijin Mining to shift operations to local contractors by December 2026.

Omokolade Ajayi Omokolade Ajayi

Zambia’s Luanshya copper mine set to restart after 20 years shutdown

Luanshya mine revival signals Zambia’s push to triple copper output, backed by CNMC’s $710 million investment plan.

Timilehin Adejumobi Timilehin Adejumobi

Natie Kirsh hits $17.7 billion, overtakes Johann Rupert as Africa’s No. 2

Natie Kirsh’s net worth hits $17.7 billion after a $29.1 billion Jetro deal, overtaking Johann Rupert to rank second in Africa behind Aliko Dangote.

Omokolade Ajayi Omokolade Ajayi

Paul Deuchar to step down after building Investec AUM to nearly $24 billion

Investec veteran Paul Deuchar steps down after growing assets to nearly $24 billion, with Ryan Friedman named successor.

Omokolade Ajayi Omokolade Ajayi

Zimbabwe moves to reduce reliance on U.S. dollar amid currency shift

Zimbabwe is stepping up efforts to ease its dependence on the U.S. dollar, part of a broader plan to restore confidence in its local currency and steady the economy after years of instability. The push reflects growing concern among policymakers that dollarisation has weakened the country’s ability to manage inflation and guide economic policy.  For more than a decade, the U.S. dollar has dominated daily transactions, shaping how businesses price goods and how consumers spend. While it brought short-term stability,…

Oluwatosin Alao Oluwatosin Alao

Global inflation surge in 2026 halts rate cuts, raises risk of new hikes

Global commodity shock fuels new inflation risks, forcing central banks to pause rate cuts as households brace for rising costs.

Feyisayo Ajayi Feyisayo Ajayi

20 family-owned giants powering Africa’s industrial growth

Family-owned businesses drive Africa’s growth, blending long-term vision, resilience and capital to shape industries and expand across markets.

Feyisayo Ajayi Feyisayo Ajayi

DHL expands South Africa footprint with Vital Group deal

DHL grows its South Africa presence via Vital deal, strengthening logistics, fleet, and retail distribution nationwide.

Timilehin Adejumobi Timilehin Adejumobi