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

10 countries in Africa with the biggest Forex reserves

Africa’s top forex holders reveal how oil wealth, tourism and diversified exports fuel reserves and shape economic resilience across the continent.

Feyisayo Ajayi Feyisayo Ajayi

Deli Group expands with new production facility in Egypt

The New Deli facility strengthens Egypt’s role as a rising industrial hub.

Timilehin Adejumobi Timilehin Adejumobi

KCB, AfDB seal $150 million deal to boost Kenya’s green finance

KCB and AfDB commit $150 million to expand Kenya’s green finance and boost climate-focused lending.

Timilehin Adejumobi Timilehin Adejumobi

5 most valuable lenders in Malawi

Malawi’s top banks drive economic growth and financial inclusion, attracting investors despite currency volatility and market pressures.

Feyisayo Ajayi Feyisayo Ajayi

7 most valuable lenders on Casablanca Stock Exchange

Morocco’s banks, led by Attijariwafa and BCP, anchor Africa’s stable, well-capitalized financial market and economic growth.

Feyisayo Ajayi Feyisayo Ajayi

Groupe Cosemad’s big bets on local manufacturing in Africa

Cosemad accelerates Senegal’s shift to local medical manufacturing as Saliou Mboup pushes to cut Africa’s reliance on imported healthcare supplies.

Feyisayo Ajayi Feyisayo Ajayi

UNESCO recognition and new infrastructure lift Bale Mountains tourism

At a Glance Bale Mountains National Park is stepping into the global tourism spotlight, buoyed by a mix of international recognition and long-awaited investment in access and facilities. Once known mainly among conservationists, the park is now drawing growing attention from foreign travelers and tour operators.  A key shift came with UNESCO’s decision to add Bale Mountains to its World Heritage list. The label has raised the park’s profile abroad, placing it alongside some of Africa’s best-known natural sites and…

Oluwatosin Alao Oluwatosin Alao

National Bank of Egypt gets $100 million boost to deepen SME lending

National Bank of Egypt secures $100M from EBRD to expand SME lending, boost youth and women entrepreneurship across underserved regions.

Feyisayo Ajayi Feyisayo Ajayi

Mr Price expands in Europe with NKD acquisition

Mr Price enters Europe with the NKD deal to boost value retail.

Timilehin Adejumobi Timilehin Adejumobi