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.

Latest Business News

Coca-Cola backs Namibia’s water security with $1.2 million Swakop Basin project

Coca-Cola is investing $1.22 million in Namibia to restore the Swakop Basin and strengthen water security around drought-hit Windhoek.

Feyisayo Ajayi Feyisayo Ajayi

Kenya’s $12 million Equity Bank scandal takes new twist after businessman’s death

Joel Mwangi Wainaina’s death deepens Kenya’s $12 million Equity Bank fraud investigation and raises fresh questions over a $3.7 million Fanikisha dispute.

Feyisayo Ajayi Feyisayo Ajayi

Pan-African developer Grit to sell $154 million Kenya real estate in debt exit

Grit Real Estate plans a $154 million asset sale in Kenya to reduce heavy debt loads, offloading Buffalo Mall and Nairobi's Rosslyn Grove.

Omokolade Ajayi Omokolade Ajayi

Ghana’s state-backed CBG appoints Stephen Kpordzih chairman as assets cross $1.6 billion

CBG names banking veteran Stephen Kpordzih board chairman as the state-backed lender expands its balance sheet past $1.6 billion.

Omokolade Ajayi Omokolade Ajayi

Montage Gold’s Koné mine in Côte d’Ivoire hits 104% capacity weeks after first gold pour

Montage Gold hits 104% processing capacity at its Koné gold mine weeks after first pour, advancing commercial production ahead of schedule.

Omokolade Ajayi Omokolade Ajayi

Namibian salt giant Walvis Bay Salt pivots from bulk sea salt to high-value fertilizers

Walvis Bay Salt is pivoting from basic ocean salt into high-margin industrial derivatives and fertilizer, anchoring Namibia's coastal expansion.

Omokolade Ajayi Omokolade Ajayi

Trafigura’s Zambian chief, Chipokota Mwanawasa, backs 3M-tonne copper goal

Trafigura's Zambia head Chipokota Mwanawasa backs the nation's push for 3 million metric tons of copper, aligning trade power with state targets.

Omokolade Ajayi Omokolade Ajayi

Moroccan tycoon Adil Douiri’s Mutandis posts $177 million in revenue in 9M 2026

Adil Douiri’s Mutandis reports $177 million in nine-month revenue, up 16%, as third-quarter sales growth accelerates to 29%.

Feyisayo Ajayi Feyisayo Ajayi

Kenya’s Quickmart scores $141 million in massive oversubscription for IPO

Quickmart raises KSh15 billion ($115.4 million) in an oversubscribed IPO as investors snap up shares ahead of its Nairobi Securities Exchange debut.

Omokolade Ajayi Omokolade Ajayi