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

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

Supermarket Income REIT deepens UK grocery bet with $132 million acquisition

Supermarket Income REIT buys three UK stores for $132 million, boosting grocery-focused portfolio with long-term, inflation-linked leases.

Feyisayo Ajayi Feyisayo Ajayi

AfroCentric lines up Activo Health disposal for $66 million in capital reallocation

AfroCentric plans to sell Activo Health to Portugal’s FHC Group, shifting capital from pharma manufacturing to managed care and health administration.

Feyisayo Ajayi Feyisayo Ajayi

Top 10 online betting companies dominating East Africa

East Africa’s online betting boom, driven by mobile money and football, is reshaping a multi-billion-shilling digital gambling market.

Feyisayo Ajayi Feyisayo Ajayi

10 largest American companies in Africa

From energy and tech to consumer goods, the 10 largest U.S. companies driving investment, jobs and infrastructure across Africa today at scale.

Feyisayo Ajayi Feyisayo Ajayi

AfDB approves $60 million trade facility for Equity Bank to support SMEs

At a Glance The African Development Bank Group has approved a $60 million trade finance facility for Equity Bank Kenya, stepping up support for small and medium-sized enterprises as access to credit remains strained across East Africa.  For many Kenyan businesses, especially import-dependent SMEs, higher global prices, currency swings and tighter lending conditions have made it harder to finance day-to-day trade. Letters of credit and other trade instruments have become more expensive or difficult to secure, slowing business activity and…

Oluwatosin Alao Oluwatosin Alao

7 nations African billionaires target for second citizenship

African billionaires increasingly seek second citizenship to hedge risk, boost mobility, optimize taxes and secure assets across stable global jurisdictions.

Feyisayo Ajayi Feyisayo Ajayi

10 low-tax countries in Africa

Africa’s low-tax countries offer generous tax-free income bands, easing burdens on workers, entrepreneurs, and investors navigating cross-border earnings.

Feyisayo Ajayi Feyisayo Ajayi