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

Madagascar targets global tourists with nationwide image reset

At a Glance Madagascar is stepping back onto the global tourism stage with a coordinated campaign to rebuild trust, visibility and confidence among international travelers. The Indian Ocean island, known for its rare wildlife and diverse landscapes, is betting that a unified message can help it compete again for long-haul visitors.  The effort comes as global travel continues its steady recovery, with tourists placing growing weight on safety, reliability and value. For Madagascar, where tourism supports thousands of jobs and…

Oluwatosin Alao Oluwatosin Alao

21 biggest libraries in Africa

Africa’s biggest libraries are reshaping research, preserving rare manuscripts, and expanding digital access across the continent.

Feyisayo Ajayi Feyisayo Ajayi

21 biggest farms in Africa

Africa’s biggest farms are reshaping food supply, lifting rural jobs, and drawing fresh investment across a rapidly expanding agricultural sector.

Feyisayo Ajayi Feyisayo Ajayi

Flanagan & Gerard secures full control of Morningside Shopping Centre

Flanagan & Gerard gains full control of Morningside Shopping Centre, boosting curated retail and premium lifestyle experiences in Sandton.

Feyisayo Ajayi Feyisayo Ajayi

Akademia launches $187 million campus to strengthen Afrikaans private higher education

Akademia breaks ground on $187 million Mooiplaats campus, boosting Afrikaans private higher education and student facilities in South Africa.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Clicks Group opens 1,000th store, marks ClubCard 30 years

Clicks Group hits 1,000 stores as its ClubCard loyalty program turns 30, reinforcing its lead in South Africa’s retail health and beauty market.

Feyisayo Ajayi Feyisayo Ajayi

Kenya seeks $1.5 billion Chinese boost for highway upgrades

At a Glance Kenya is set to break ground this Friday on a $1.5 billion highway expansion, partnering with two Chinese state-owned companies in a major effort to modernize its transport infrastructure. The project signals Beijing’s renewed focus on strategic African corridors after a pause in large-scale infrastructure investment.  Officials say the highway initiative will be funded through a mix of debt and equity, reflecting a cautious approach to borrowing amid rising concerns over unsustainable debt levels. “We don’t have…

Oluwatosin Alao Oluwatosin Alao

Seychelles eyes MICE boom following 12% tourist jump

At a Glance Seychelles is emerging as a rising star in global business tourism after reporting a 12% increase in international arrivals this year. The island nation drew attention at IBTM World 2025 in Barcelona, one of the world’s leading meetings, incentives, conferences, and exhibitions (MICE) events. Tourism officials used the platform to showcase the sector’s recovery and outline plans to expand beyond traditional leisure travel.  At the event, Seychelles’ delegation highlighted the country’s readiness to host corporate gatherings, pointing…

Oluwatosin Alao Oluwatosin Alao

Mauritius’ MCB, Omnicane back renewable energy expansion in Africa

MCB and Omnicane fund solar farms under Mauritius’ distributed generation scheme.

Timilehin Adejumobi Timilehin Adejumobi