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

10 of Africa’s largest pension funds

Africa’s top pension funds, with over $120 billion in assets, shape markets, infrastructure, and long-term growth across the continent.

Feyisayo Ajayi Feyisayo Ajayi

Serengeti Energy raises $26.5 million private capital for 32MW Zambian solar project

Serengeti Energy secures $26.5 million to build a 32MW Zambian solar plant, advancing privately financed renewable power without state guarantees.

Feyisayo Ajayi Feyisayo Ajayi

Why British Petroleum is planning $20 billion asset sale by 2027

BP plans a $20 billion asset sale by 2027 to cut debt, refocus on oil and gas, lift valuations, and restore investor confidence amid rate pressures.

Feyisayo Ajayi Feyisayo Ajayi

Chariot Resources secures offtake deal for Nigerian energy projects

Chariot Resources signs a nonbinding lithium offtake MoU to advance Nigerian energy projects and global EV supply chains.

Timilehin Adejumobi Timilehin Adejumobi

Privately held for 70 years: What Kenyan industrialist Manu Chandaria is doing with the billion-dollar Comcraft Group

At 96, Manu Chandaria steers Comcraft toward IPOs, ending 70 years private ownership of a billion-dollar industrial group with global reach.

Feyisayo Ajayi Feyisayo Ajayi

Top 4 Capitec Bank shareholders add $3.8 billion in 2025 rally

Four top Capitec Bank investors added over $3.8 billion in 2025 as shares surged on the JSE, lifting the lender’s valuation close to $30 billion.

Feyisayo Ajayi Feyisayo Ajayi

10 of Zambia’s biggest banks

Zambia’s biggest banks anchor growth as reforms unlock capital, expand credit, and deepen financial inclusion across Africa’s second-largest copper producer.

Feyisayo Ajayi Feyisayo Ajayi

15 biggest listed cement firms in Africa

Africa’s 15 biggest listed cement firms anchor infrastructure growth, led by Nigerian and Egyptian giants shaping valuations, capacity and regional supply.

Feyisayo Ajayi Feyisayo Ajayi

China steps up Africa diplomacy with focus on trade routes

At a Glance China has opened the year with a fresh diplomatic push across Africa, putting trade routes, shipping access and supply chains at the center of its outreach as competition for influence on the continent grows.  The effort is being led by Foreign Minister Wang Yi, who this week began his annual New Year tour of Africa. The trip continues a practice Beijing has kept for more than 30 years, using the first overseas visit of the year to…

Oluwatosin Alao Oluwatosin Alao