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

Inside Southern Africa’s largest tourism group, Tourvest, owned by Robert Gumede

Tourvest, owned by Robert Gumede, is Southern Africa’s largest tourism group, spanning travel, hotels, duty-free retail and forex across 60 brands.

Feyisayo Ajayi Feyisayo Ajayi

Robert Gumede’s Gijima: The ICT bet that built one of South Africa’s quiet billionaire fortunes

From caddie to ICT titan, Robert Gumede built Gijima into a BEE-era powerhouse shaping South Africa’s government and enterprise technology landscape.

Feyisayo Ajayi Feyisayo Ajayi

7 Africa’s exchange with the biggest gains in 2025

African stocks rebounded in 2025 as Malawi, Ghana and Zambia led outsized gains, while Nigeria and Kenya posted solid advances across frontier and major exchanges.

Feyisayo Ajayi Feyisayo Ajayi

7 biggest indigenous automobile manufacturers in Africa

Indigenous African automakers are reshaping mobility with locally built vehicles, job creation, and designs tailored for rugged roads and rising demand.

Feyisayo Ajayi Feyisayo Ajayi

10 biggest telecoms in Egypt

Egypt’s 10 biggest telecom companies are driving digital growth through 5G, broadband expansion, fintech, and critical infrastructure investments.

Feyisayo Ajayi Feyisayo Ajayi

Ivanhoe marks major milestone with first Anode production in DRC

First anode output at Kamoa-Kakula signals Ivanhoe’s growing role in the global copper supply chain.

Timilehin Adejumobi Timilehin Adejumobi

15 of Africa’s mining giants

Africa’s top 15 mining companies drive growth, jobs, and investment, powering global supply chains in metals, minerals, and energy sectors.

Feyisayo Ajayi Feyisayo Ajayi

SLB Young Creators Program empowers Nigerian students to innovate through STEM

SLB and STEMCafe conclude yearlong program showcasing Nigerian students’ STEM innovations, prototypes and skills built through hands-on learning.

Editorial Team Editorial Team

Seven largest investors in Jaiz Bank made over $44 million in 2025

Seven Nigerian billionaires’ Jaiz Bank stakes rebounded over $44 million in 2025 as shares surged on NGX, reversing steep losses from 2024.

Feyisayo Ajayi Feyisayo Ajayi