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

Why Walmart’s first branded store in South Africa is a big deal, and what’s driving its move

Walmart opens first branded South African store in Roodepoort, creating 80 jobs and partnering with 15 local SMEs.

Feyisayo Ajayi Feyisayo Ajayi

Tanzania addresses tourist concerns after false reports spread

At a Glance Tanzania is reassuring international travelers after recent reports raised concerns over safety in the East African nation. Government officials stressed that the country remains secure, stable, and open to visitors, emphasizing its appeal as a world-class tourism destination.  With renowned natural landmarks, including Mount Kilimanjaro, the Serengeti, Ngorongoro Crater, and the idyllic beaches of Zanzibar, Tanzania continues to draw millions of tourists each year. Dar es Salaam, the country’s commercial hub, also offers vibrant cultural experiences, reinforcing…

Oluwatosin Alao Oluwatosin Alao

PSG Financial Services Limited remains Mauritius’s biggest company, with $1.8 billion market cap

PSG Financial Services boosts its market value to $1.8 billion, cementing its lead as Mauritius’ biggest listed company.

Feyisayo Ajayi Feyisayo Ajayi

20 of Africa’s largest open markets

Africa’s open markets drive jobs, trade and daily commerce, shaping economies from Dakar to Dar es Salaam as vital engines of growth.

Feyisayo Ajayi Feyisayo Ajayi

Inside Africa’s rising thrift trade and its million-dollar market

At a Glance Africa’s second-hand clothing economy is expanding at a pace that now rivals parts of the formal retail sector, reshaping how people shop and work across the continent. What began as a modest alternative for low-income households has grown into a consumer force anchored in some of Africa’s busiest open-air markets, from Nairobi’s Gikomba to Accra’s Kantamanto and Lagos’s Katangua.  Across major cities, shoppers crowd open-air stalls for affordable everyday wear, branded pieces and vintage finds that cost…

Oluwatosin Alao Oluwatosin Alao

Orange Mali secures $92.2 million IFC funding for digital growth

IFC injects new capital to strengthen Orange Mali’s network and digital services.

Timilehin Adejumobi Timilehin Adejumobi

21 most valuable companies on the Stock Exchange of Mauritius

Mauritius' stock exchange highlights its top companies, showcasing investor confidence and the island’s growing role as a regional financial hub.

Feyisayo Ajayi Feyisayo Ajayi

Zambia secures China deal to rebuild crucial TAZARA railway

At a Glance Zambia has taken a significant step to revive one of Africa’s most important transport corridors, securing a $1.4 billion agreement with China to modernize the ageing TAZARA railway. The deal marks one of the country’s largest infrastructure commitments since emerging from a prolonged debt crisis. It also strengthens a route that remains critical for copper shipments, fuel imports and regional trade.  For Zambia, the upgrade represents both a development priority and a political milestone. The TAZARA line…

Oluwatosin Alao Oluwatosin Alao

UAE pledges $1 billion to power Africa’s artificial intelligence future

UAE commits $1 billion to strengthen Africa’s digital AI landscape.

Timilehin Adejumobi Timilehin Adejumobi