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

Uganda signs $2 billion deal to expand oil infrastructure and pipelines

Uganda secures $2 billion deal with Vitol to expand oil storage, pipelines, and refineries, aiming for regional energy hub status.

Feyisayo Ajayi Feyisayo Ajayi

AMEA Power lands $572 million IFC-led loan for Egypt renewable project

AMEA Power secured $572 million in IFC-led financing for a 1,000MW solar-plus-storage project in Egypt, marking Africa’s largest combined renewable build.

Feyisayo Ajayi Feyisayo Ajayi

The quiet reason Africa’s wealthy families build many companies

Africa’s richest families build clusters of companies to manage risk, preserve control, and protect wealth across generations.

Feyisayo Ajayi Feyisayo Ajayi

Inside Madagascar’s 10 most exclusive luxury hotels

Madagascar’s most exclusive luxury hotels blend scarcity, private access and conservation, drawing ultra-wealthy travelers seeking rare experiences.

Feyisayo Ajayi Feyisayo Ajayi

10 leading beverage companies in Kenya

Kenya’s beverage sector draws global and local players as Nairobi anchors East Africa’s most resilient, fast-growing consumer drinks market.

Feyisayo Ajayi Feyisayo Ajayi

Barrick Mining resumes full control of Mali gold mine

Barrick restores operations at its Mali gold mine after resolving a long-running regulatory dispute.

Timilehin Adejumobi Timilehin Adejumobi

Capitec’s tax expense rises to $238 million as earnings surge

Capitec Bank’s tax expense jumped to $238 million in 2025 as profit surged, driven by AvaFin integration and rising insurance income across operations.

Feyisayo Ajayi Feyisayo Ajayi

Why African billionaires spend on travel and how it shapes their children’s future

Travel is succession planning for African billionaires, grooming heirs like Dangote’s and Elumelu’s children for global business leadership roles.

Feyisayo Ajayi Feyisayo Ajayi

15 leading beverage companies in Africa

Africa’s beverage sector thrives, led by Coca‑Cola, Nigerian Breweries, and local brands shaping soft drink and beer markets.

Feyisayo Ajayi Feyisayo Ajayi