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

Inside the foundations controlled by 15 of Africa’s richest men

How Africa’s wealthiest industrialists deploy billions through foundations reshaping health, education, governance and community resilience continentwide.

Feyisayo Ajayi Feyisayo Ajayi

Ghana upgrades December festivities to meet global tourism standards

At a Glance Ghana is refining its flagship “December in Ghana” celebrations as it looks to strengthen its standing in the global holiday travel market. Tourism officials say the focus this year is on higher service standards, tighter coordination and a smoother visitor experience, as African destinations compete for travellers with spending power and an appetite for culture-led trips.  The effort is being led by the Ghana Tourism Authority, which is working to protect the reputation of the Black Star…

Oluwatosin Alao Oluwatosin Alao

Elsewedy Electric expands Gulf manufacturing with $500 million investment

Elsewedy Electric invests $500 million to expand manufacturing in Saudi Arabia, Qatar, boosting regional energy and industrial solutions growth.

Feyisayo Ajayi Feyisayo Ajayi

Azamara taps Cape Town as key hub for 2028 world cruise

At a Glance Azamara Cruises has put Cape Town at the heart of its 2028 World Cruise, a move that reflects a broader shift in how luxury cruise operators view Africa’s place in long-haul travel. By using the city as both an embarkation and disembarkation point, the line is giving Cape Town a role usually reserved for ports in North America or Europe.  The decision comes as cruise companies reassess routing and access, looking beyond traditional hubs. Cape Town’s airport…

Oluwatosin Alao Oluwatosin Alao

Qatar’s Al Mana expands into Egypt with $200 million aviation fuel plant

Qatar’s Al Mana enters Egypt with a $200 million plant to produce lower-emission aviation fuel.

Timilehin Adejumobi Timilehin Adejumobi

10 most valuable lenders in Ethiopia

Ethiopia’s banks dominate a closed financial system as the new securities exchange signals liberalisation and deeper capital-market participation.

Feyisayo Ajayi Feyisayo Ajayi

How African billionaires use foundations to protect wealth and business empires

African billionaires are using foundations to reorganize wealth, protect business empires, ensure succession and extend influence beyond founders.

Feyisayo Ajayi Feyisayo Ajayi

Morocco’s Cash Plus advances public-market transition as Mediterrania pares stake

Morocco’s Cash Plus completes Casablanca IPO, broadening ownership as Mediterrania trims its stake and accelerates shift to public fintech platform.

Feyisayo Ajayi Feyisayo Ajayi

17 most peaceful nations in Africa in 2025, ranked by Global Peace Index

Using Global Peace Index data, this report ranks Africa’s 17 most peaceful nations and explains how stability drives growth and investment across.

Feyisayo Ajayi Feyisayo Ajayi