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:

Minkama Capital’s acquisition strategy and its impact on Central African markets
Key mergers and acquisitions shaping Africa’s corporate landscape
Emerging sectors attracting global and regional investment

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

African Celebrity Entrepreneurs

8 South African celebrities building business empires

From music to real estate, South Africa’s top celebrities are turning fame into scalable businesses.

Timilehin Adejumobi January 10, 2026

Africa’s biggest airport Ethiopia

Ethiopia launches Africa’s biggest airport under Vision 2035 with $12.5 billion

Ethiopia begins a $12.5 billion airport project to ease Addis congestion, expand Ethiopian Airlines, and anchor Africa’s largest aviation hub.

Feyisayo Ajayi January 10, 2026

Africa capital markets

30 African countries with stock exchanges

Africa’s 30 stock exchanges drive growth, attract foreign capital, and fund banks, telecoms, and industrial champions continent-wide.

Feyisayo Ajayi January 10, 2026

Africa cashew farming industry

10 of Africa’s biggest Cashew farms

Africa supplies over half of global raw cashew nuts yet captures limited value as major farms scale processing, exports and agribusiness influence.

Feyisayo Ajayi January 10, 2026

Africa Consumer Goods

Champion Breweries launches $29.4 million public offer for Africa expansion

Champion Breweries raises $29.4 million to fund pan-African expansion in alcoholic beverages and energy drinks.

Timilehin Adejumobi January 9, 2026

Africa

PayPal invests $100 million to grow digital reach in Middle East and Africa

At a Glance PayPal Holdings is expanding its footprint across the Middle East and Africa with a $100 million investment aimed at driving digital innovation, supporting entrepreneurs, and widening access to online commerce. The move highlights the company’s growing focus on regions experiencing rapid growth in digital payments and e-commerce. The investment will be deployed through a mix of minority stakes, acquisitions, PayPal Ventures funding, and technology deployments. These initiatives are designed to help local businesses scale operations, increase efficiency,…

Oluwatosin Alao January 9, 2026

$207 billion mining merger

Glencore, Rio Tinto in talks for $207 billion mega mining giant

At a Glance Glencore, the Swiss mining and commodity trading giant, and Rio Tinto said Thursday they are in early discussions over a potential buyout that could create the world’s largest mining company, valued at about $207 billion. Global miners are competing to expand in metals like copper, which is expected to benefit from the shift to renewable energy and rising demand from data centers powering artificial intelligence. Recent moves include Anglo American’s planned merger with Teck Resources to strengthen…

Timilehin Adejumobi January 9, 2026

Under the new framework, VAT will apply to a broad range of tourism products.

African travel

Tourism costs rise as Zimbabwe applies 15.5% VAT

At a Glance Travel to Zimbabwe will cost slightly more from 2026 after the government moved to broaden the application of value-added tax across the tourism sector. From Jan. 1, several services that were previously zero-rated will now attract a 15.5% VAT under measures outlined in the latest national budget. The change does not introduce a new tax. Instead, it alters how existing VAT rules are applied to tourism-related services, shifting a range of offerings into the taxable bracket. For…

Oluwatosin Alao January 9, 2026