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

Angola’s Banco Millennium Atlantico secures $17.6 million to fund food imports

Banco Millennium Atlântico secured a $17.6 million Proparco guarantee to support food imports, easing trade finance strains for Angolan businesses.

Feyisayo Ajayi Feyisayo Ajayi

How African billionaires buy everything in the company’s name

African billionaires use trusts and corporate vehicles to buy assets, gaining tax efficiency, privacy, and limited liability protection.

Feyisayo Ajayi Feyisayo Ajayi

Chief Mike Adenuga meets President Macron at Élysée Palace

Nigerian billionaire Mike Adenuga held talks with France’s President Emmanuel Macron at the Élysée Palace in Paris, reinforcing diplomatic ties.

Editorial Team Editorial Team

Rwanda, Gambia take lead in Africa’s intra-travel drive

At a Glance Africa’s long-running effort to make it easier for its people to move across borders is gaining renewed focus, as countries look inward for growth in an uncertain global economy. Travel within the continent, once slowed by visas and paperwork, is increasingly seen as a practical way to support trade, tourism and jobs.  Against that backdrop, Rwanda and The Gambia have emerged as clear pace-setters. Both countries now sit at the top of the 2025 Africa Visa Openness…

Oluwatosin Alao Oluwatosin Alao

Crown Beverages Mauritius targets Kenya’s $3.7 billion beverage market with Pepsi expansion

Crown Beverages ramps up Kenya expansion with Ksh30 million ($190,000) Fizzmas push to win share in the $3.7 billion soft drinks market during festive season.

Feyisayo Ajayi Feyisayo Ajayi

Montage Gold awarded new exploration permits in Côte d’Ivoire

New permits strengthen Montage Gold’s Koné project and future gold prospects.

Timilehin Adejumobi Timilehin Adejumobi

Kenya’s $38.8 billion mega infrastructure plan receives interest from private sectors

Kenya’s $38.8 billion 10-year infrastructure plan is drawing private capital for roads, rail, ports, airports and energy projects across the economy.

Feyisayo Ajayi Feyisayo Ajayi

Mauritius-based group, FMB Capital’s income tax amounts to $42.3 million across its operating countries

FMB Capital paid $42.3 million in income taxes in 2024, with profits rising 12.8% and total assets growing 36% across Southern Africa.

Feyisayo Ajayi Feyisayo Ajayi

How African billionaires use high-cash-value policies to grow generational wealth

As African fortunes grow, billionaires turn to high-cash-value policies, real estate and trusts to preserve long-term wealth across generations.

Feyisayo Ajayi Feyisayo Ajayi