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 the investments controlled by British Petroleum in Africa

British Petroleum controls a powerful African energy portfolio spanning oil, gas, LNG, downstream fuels, and renewables across key markets.

Feyisayo Ajayi Feyisayo Ajayi

How private equity is creating new wealth in South Africa

Private equity drives jobs, tech adoption, and economic transformation.

Timilehin Adejumobi Timilehin Adejumobi

Valero Developments taps KAD to improve project delivery performance

Egypt’s Valero Developments signs KAD to enhance lifecycle management and boost real estate project efficiency.

Timilehin Adejumobi Timilehin Adejumobi

10 of Africa’s biggest retail pharmacies

Africa’s retail pharmacy sector is being reshaped by scale, digitization, and capital as leading chains expand access to medicines continentwide.

Feyisayo Ajayi Feyisayo Ajayi

Gold exports drive Ghana’s cedi to world’s best performer

At a Glance Ghana’s cedi has pulled off a striking comeback, rising from the depths of a debt and balance-of-payments crisis to become one of the world’s strongest currencies this year. Only months ago, the West African nation was struggling to steady its finances after a bruising default and painful restructuring talks.  The rebound stands out in a year when many emerging-market currencies have been weighed down by high global interest rates and a strong U.S. dollar. Instead of sliding…

Oluwatosin Alao Oluwatosin Alao

Coty’s $750 million Wella sale marks end of portfolio overhaul as Sue Nabi retires

Coty sells remaining 25.8 percent of Wella for $750 million, ending portfolio overhaul as CEO Sue Nabi retires.

Feyisayo Ajayi Feyisayo Ajayi

Shuka Minerals delays full takeover of Zambia’s Kabwe Zinc Mine as funding shifts

Shuka Minerals extended its Kabwe Zinc Mine takeover deadline to January 2026 after funding tranche timing shifted under revised financing guidance

Feyisayo Ajayi Feyisayo Ajayi

Jubilee Metals exits South Africa, doubles down on Zambia copper growth

Jubilee Metals exits South Africa after selling chrome and PGM assets, refocusing on Zambia copper growth as global electrification demand rises.

Feyisayo Ajayi Feyisayo Ajayi

Zambia leads Africa, takes mining taxes in Chinese yuan

At a Glance Zambia has become the first African nation to formally accept China’s yuan for mining taxes and royalties, underscoring Beijing’s growing influence in the continent’s key resource sectors.  The Bank of Zambia confirmed that payments in renminbi began in October, marking a shift in how the world’s second-largest copper producer handles its mining revenues. Chinese mine operators are now settling part of their tax obligations in yuan, reflecting China’s role as Zambia’s largest copper buyer and a major…

Timilehin Adejumobi Timilehin Adejumobi