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

How Label’Vie built Morocco’s largest retail empire under Carrefour

Label’Vie rose from regional grocer to Morocco’s top retailer via Carrefour, posting double-digit growth, expanding formats, and opening dozens of stores.

Feyisayo Ajayi Feyisayo Ajayi

Africa reclaims ICCA congress in 2027 after two decades

Africa will return to the center of the global meetings industry in 2027 when Kigali, Rwanda, hosts the 66th ICCA Congress, the continent’s first appearance at the flagship event in more than two decades.  The announcement by the International Congress and Convention Association signals renewed confidence among investors and industry players in Africa’s place in the global meetings, incentives, conferences and exhibitions market, which generates hundreds of billions of dollars in annual activity.  ICCA said Kigali will welcome delegates from…

Oluwatosin Alao Oluwatosin Alao

Nigeria’s DEAP Capital shines as Africa’s best-performing stock in January

DEAP Capital’s shares jumped nearly 400% in January, lifting its market value to $10 million and making it Africa’s best-performing stock.

Omokolade Ajayi Omokolade Ajayi

Dangote refinery lands NNPC gas deals to fuel expansion, target U.S., UK

Dangote Group secures new NNPC gas deals to boost refinery output, fertiliser production and exports to the U.S. and UK.

Timilehin Adejumobi Timilehin Adejumobi

10 major Moroccan retailers

Morocco’s top 10 retailers shape urban consumption, e-commerce growth, and formal retail, contributing nearly 13% of GDP.

Feyisayo Ajayi Feyisayo Ajayi

Gold slump wipes $300 million from CAF President Patrice Motsepe’s wealth

Gold’s sharp pullback erased $300 million from Patrice Motsepe’s wealth, hitting his mining stakes as precious metals retreated from record highs.

Omokolade Ajayi Omokolade Ajayi

Algeria opens 600-mile railway to develop major iron ore deposit

Algeria launches a 600-mile railway to unlock the vast Gara Djebilet iron ore deposit and diversify its economy.

Timilehin Adejumobi Timilehin Adejumobi

10 richest South African billionaires in 2026

South Africa’s 10 richest billionaires in 2026 wield vast power across mining, luxury and tech, shaping growth, jobs and inequality debates.

Feyisayo Ajayi Feyisayo Ajayi

BlackRock’s Sibanye stake drops $64 million 48 hours after raising stake to $659 million

BlackRock’s Sibanye‑Stillwater stake drops $64 million days after topping 5%, highlighting market volatility in precious metals shares.

Feyisayo Ajayi Feyisayo Ajayi