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.

Eni, Libya’s NOC launch gas project to lift output at Sabratha

Eni and Libya's NOC launch the Sabratha gas project, boosting Bahr Essalam output and strengthening Libya's energy security.

Oluwatosin Alao Oluwatosin Alao

SPAR Group posts weaker-than-expected first-half earnings on margin pressure

SPAR said it is pushing ahead with cost controls and leadership changes aimed at stabilizing margins in Southern Africa.

Omokolade Ajayi Omokolade Ajayi

Madagascar targets global tourists with nationwide image reset

Madagascar launches a nationwide tourism image reset, uniting airlines, government and citizens to rebuild confidence and attract global travelers.

Oluwatosin Alao Oluwatosin Alao
- Advertisement -
Ad imageAd image
Latest Business News

Paddy Zhanda builds multimillion-dollar empire including $7 million Masimba Holdings’ stake

Paddy Zhanda builds a multimillion-dollar empire through Masimba Holdings, leveraging strategic acquisitions and layered investments.

Feyisayo Ajayi Feyisayo Ajayi

Maputo left without a cinema as Nu Metro temporarily shuts its doors

Maputo is without a cinema after Nu Metro temporarily closed its only theater, leaving moviegoers awaiting news on when screenings will resume.

Oluwatosin Alao Oluwatosin Alao

Karl Toriola-led MTN Nigeria posts $519 million profit in H1 2026

MTN Nigeria posts $519 million H1 2026 profit as data growth, cost discipline and stable naira boost revenue, margins and telecom dominance.

Feyisayo Ajayi Feyisayo Ajayi

PIC names Seiso Mohai chair as Cabinet approves board changes   

South Africa’s PIC appoints Seiso Mohai as chair after leadership turmoil sparks major board restructuring.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian tycoon Temitope Lawani’s Helios H1 2026 revenue hits $466 million as profit declines

Nigerian-backed Helios Towers reports $466.3 million revenue in H1 2026, but profit falls to $21.7 million as finance costs and FX pressures weigh.

Feyisayo Ajayi Feyisayo Ajayi

Egypt, Mozambique boost Africa air travel with new aviation partnership

Egypt-Mozambique aviation partnership strengthens Africa air travel through safety, training and regional aviation cooperation.

Timilehin Adejumobi Timilehin Adejumobi

JP Morgan raises Clicks stake to 5.47% amid 34% year-to-date share price decline

JP Morgan raises Clicks stake to 5.47% despite a 34% share price decline, signaling confidence in South Africa’s leading healthcare retailer.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s Sterling Holdco sees H1 profit surge to $37 million on strong lending

Sterling Holdco's first-half profit rose to $37 million as lending growth, deposits and assets strengthened earnings.

Omokolade Ajayi Omokolade Ajayi

Africa’s richest man Aliko Dangote’s Dangote Cement posts $470 million half-year profit as African exports jump

Dangote Cement reports a $470 million half-year profit driven by a 62 percent surge in African exports and stronger regional sales.

Omokolade Ajayi Omokolade Ajayi