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
Kenya $38.8 billion infrastructure plan
African infrastructure development

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
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FMB Capital pays $42.3 million taxes
corporate income tax 2024

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
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African billionaires wealth preservation
Africa private capital

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
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Afrirent hospitality investment South Africa
African real estate development

Afrirent’s contribution to South Africa’s hospitality sector and real estate

South African businessman Senzo Tsabedze has grown Afrirent into a black-owned force shaping hospitality and real estate investment nationwide.

Feyisayo Ajayi Feyisayo Ajayi
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FMB Capital pays $42.3 million taxes
African financial services groups

FMB Capital, Mauritius banking arm, claims top spot on Malawi bourse with $4.8 billion valuation

FMB Capital overtakes Standard Bank Malawi to become the Malawi Stock Exchange’s most valuable stock, commanding a quarter of market value.

Feyisayo Ajayi Feyisayo Ajayi
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Standard Chartered teaming up with UNICEF to help young women in Kenya and Nigeria
Africa development

Standard Chartered partners UNICEF to boost women employment

At a Glance Standard Chartered is expanding its focus on inclusive growth in Africa, teaming up with UNICEF to help young women in Kenya and Nigeria move from training into paid work. Through its charitable arm, the Standard Chartered Foundation, the bank said the partnership aims to secure 1,500 decent jobs over the next three years.  The move comes as youth unemployment remains a stubborn challenge across the continent, even as access to education and digital skills improves. In Africa’s…

Oluwatosin Alao Oluwatosin Alao
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Central Bank of West African States
African monetary policy

How 8 West Africa’s economies run on one Central Bank

Eight West African states share one central bank, using the CFA franc to deliver stability and regional integration across WAMU.

Feyisayo Ajayi Feyisayo Ajayi
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For Brazzaville, the arrival of Kempinski is a statement of confidence.
African tourism

Kempinski Hotel Brazzaville signals rising luxury demand in central Africa

At a Glance Brazzaville has added a prominent new address with the opening of Kempinski Hotel Brazzaville, the Republic of Congo’s first purpose-built luxury hotel. The debut brings the Swiss luxury brand back to Africa after nearly a decade and reflects a steady rise in demand for high-end accommodation in Central Africa’s political and commercial centers.  The launch comes at a time when African capitals are competing more aggressively for business travelers, diplomats and international conferences. These groups, once served…

Oluwatosin Alao Oluwatosin Alao
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FYND
AI retail platform

Fynd makes South Africa debut, secures Surtee Group deal

Surtee Group adopts Fynd tech to link stores and e-commerce.

Timilehin Adejumobi Timilehin Adejumobi
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