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

Mauritius-based miner Alphamin suspends DR Congo operations after fatal accident

Alphamin halted Mpama South mining after a fatal blasting accident in DR Congo, spotlighting safety risks and regulatory scrutiny in Africa’s extractive sector.

Feyisayo Ajayi Feyisayo Ajayi

10 biggest cement producers in Africa

Africa’s cement boom reflects rapid urbanization, infrastructure spending and housing demand, led by Dangote, Holcim and state-backed producers.

Feyisayo Ajayi Feyisayo Ajayi

Euwen Textiles starts $154 million textile factory in Morocco

Euwen Textiles launches $154 million factory in Fez, Morocco, creating 7,000 jobs and boosting regional textile exports by 2026.

Feyisayo Ajayi Feyisayo Ajayi

Hilton enters Togo, adds Morocco and Congo in DoubleTree Africa push

Hilton expands in Africa with three new DoubleTree hotels in Togo, Morocco, and Congo, boosting business and leisure travel.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s 10 largest pasta producers ranked by capacity

Africa’s pasta market is dominated by North Africa and Nigeria, where scale, wheat integration and energy access drive industrial production leadership.

Feyisayo Ajayi Feyisayo Ajayi

Top 5 African countries with the most billionaires

Africa’s billionaire wealth is concentrated in five countries where industry, finance and scale create durable fortunes worth over $115 billion.

Feyisayo Ajayi Feyisayo Ajayi

7 leading African-owned electric companies powering the continent

African-owned electric companies are reshaping power generation, manufacturing and distribution, driving energy access, jobs and capital retention across the continent.

Feyisayo Ajayi Feyisayo Ajayi

Egypt advances Africa’s renewable energy push with Djibouti solar plant

Egypt expands Africa’s clean energy footprint with a new off-grid solar plant powering rural communities in Djibouti.

Timilehin Adejumobi Timilehin Adejumobi

How Wealthy Africans build money systems that make them unstoppable

Africa’s richest fortunes are engineered through repeatable systems that convert uncertainty into predictable cash flow, not raw effort alone.

Feyisayo Ajayi Feyisayo Ajayi