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

Zimbabwe overtakes UK, China as top source of tourists to South Africa

South Africa’s tourism sector reached a milestone in 2025, welcoming a record 10.5 million international visitors as travel demand continued to recover and expand. The figures reflect steady growth across both regional and long-haul markets, with neighboring countries playing a bigger role than in previous years.  At the center of this shift is Zimbabwe, which emerged as one of the most important sources of visitors. Travelers from the country surpassed arrivals from traditional markets such as the United Kingdom, Germany,…

Oluwatosin Alao Oluwatosin Alao

Aliko Dangote gains $726 million in 24 hours; net worth nears $32 billion

Aliko Dangote’s net worth jumps $726 million in 24 hours, edging closer to $32 billion on rising Dangote Cement shares.

Omokolade Ajayi Omokolade Ajayi

CIB plans $300 million digital bank to serve Egypt’s retail, MSMEs by 2027

CIB invests $300 million to launch a digital bank, targeting Egypt’s retail and MSME sectors by 2026–2027.

Feyisayo Ajayi Feyisayo Ajayi

Pepkor CEO Pieter Erasmus sells $33M in shares as retail giant hits 6,000 stores

South African Pepkor CEO Pieter Erasmus sold $33 million in shares as the retail group surpasses 6,000 stores.

Omokolade Ajayi Omokolade Ajayi

Top 15 pharmaceutical moguls powering Africa’s healthcare

Africa’s pharma moguls are transforming healthcare, boosting local drug manufacturing, and reducing reliance on imports.

Feyisayo Ajayi Feyisayo Ajayi

Bidvest relaunches banking arm sale after Access Bank $157 million deal collapse

Bidvest relaunches sale of its bank after Access Bank deal collapses, exposing regulatory hurdles facing cross-border banking deals in Africa.

Feyisayo Ajayi Feyisayo Ajayi

Tony Elumelu’s Seplat stake tops $600 million weeks after $496 million purchase

Tony Elumelu’s Seplat Energy stake has climbed above $600 million, weeks after a $496 million acquisition reshaped Nigeria’s energy sector.

Omokolade Ajayi Omokolade Ajayi

Sibanye Stillwater bets on platinum rebound, lithium growth strategy

Sibanye Stillwater says platinum has a new price floor as supply deficits lift markets and the miner advances lithium growth in Europe this year.

Feyisayo Ajayi Feyisayo Ajayi

Mauritius’ Sun Limited posts nearly $90 million in 2026 half-year revenue

Mauritius’ Sun Limited reports $88 million in half-year revenue, boosted by hotels, resorts, and rising visitor arrivals.

Omokolade Ajayi Omokolade Ajayi