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

Starlink satellite internet launches in Senegal

Starlink launches satellite internet in Senegal, offering high-speed service nationwide.

Timilehin Adejumobi Timilehin Adejumobi

Angola backs $530 million tourism infrastructure push

Angola is moving to unlock its beach and coastal tourism market with a €449 million ($530 million) public investment package aimed at building basic infrastructure in some of the country’s most visited seaside areas.  President João Lourenço approved the spending to support tourism zones in Cabo Ledo, Quicombo and Namibe, part of a broader effort to reduce the economy’s dependence on oil and draw more private capital into hospitality and leisure projects.  Officials say the move comes as interest from…

Oluwatosin Alao Oluwatosin Alao

Meet top Capitec Bank shareholders controlling $12.3 billion in shares

Capitec Bank’s biggest shareholders control $12.3 billion in stock, reflecting the South African lender’s scale, profits and investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

Sunbird Tourism launches Livingstonia International conference hub

Sunbird Hotels and Resorts has opened the Livingstonia International Conference Centre (LICC) at its Sunbird Beach Resort complex in Salima, marking a fresh push into Malawi’s fast-growing meetings and events market. The new facility sits between Sunbird Livingstonia and Sunbird Waterfront, two of the group’s flagship lakeside properties.  The opening comes as hotel operators across the region move to capture demand from corporate events, government meetings and international conferences. For Sunbird, the project is also part of a broader effort…

Oluwatosin Alao Oluwatosin Alao

Nigeria’s Aradel posts over $290 million profit in 2025 on energy expansion

Aradel Holdings posts $290 million profit in 2025, fueled by energy expansion and rising oil, gas, and refining revenue.

Omokolade Ajayi Omokolade Ajayi

Prosus, Amazon strike AI, cloud deal to cut costs by double digits      

Prosus signs a multi-year AWS cloud and AI deal, aiming for double-digit cost savings across its global portfolio.

Timilehin Adejumobi Timilehin Adejumobi

Shoprite Holdings and valuations on African exchanges

Shoprite Holdings, Africa’s largest retailer, drives $16 billion revenue, spanning 3,478 stores across 8 African countries, boosting investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

Dipula Protea Gardens Mall Soweto deal boosts long-term value

Dipula’s $30 million Protea Gardens Mall deal boosts income stability, rental growth, and portfolio defensiveness in Soweto’s retail market.

Feyisayo Ajayi Feyisayo Ajayi

African Pioneer secures $2.4 million to advance Namibia copper, gold projects

African Pioneer raises fresh capital to accelerate copper and gold exploration in Namibia.

Timilehin Adejumobi Timilehin Adejumobi