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

South Africa moves ahead with new nuclear power plan

At a Glance South Africa is taking a decisive step toward reshaping its energy future as the government confirms plans to expand nuclear capacity and revive projects long considered stalled. The move aims to stabilize a national electricity system weakened by years of rolling blackouts, expensive diesel use, and pressure to reduce dependence on coal.  Energy experts say the country needs a reliable mix of power sources, combining steady baseload generation with growing renewable energy. Nuclear power, long debated for…

Oluwatosin Alao Oluwatosin Alao

Afine Investments posts half-year profit of $1.4 million as portfolio expands

Afine Investments lifts half-year profit on rising rental income from fuel-station assets as its South African property portfolio expands.

Feyisayo Ajayi Feyisayo Ajayi

Ericsson expands in Africa with new Zambia office for telecom growth

Ericsson strengthens its African presence with its Lusaka office, enhancing digital access.

Timilehin Adejumobi Timilehin Adejumobi

Inside $20 billion Simandou Mine: Delays, disputes and the restart of Guinea’s largest mine

Simandou’s revival ends years of delays as Guinea moves to unlock one of the world’s richest untapped iron ore deposits.

Feyisayo Ajayi Feyisayo Ajayi

15 business groups transforming the Indian Ocean economies

Island businesses in Seychelles, Mauritius and Madagascar are expanding beyond tourism as key groups drive industry, finance, trade and sustainability.

Feyisayo Ajayi Feyisayo Ajayi

UAE’s Arkan enters Egypt with $212.6 million SLCITI investment deal

Arkan targets Egypt’s urban growth with $212.6 million SLCITI investment.

Timilehin Adejumobi Timilehin Adejumobi

Mukona Group acquires Mega Pile in Southern Africa push

Mukona Group buys Mega Pile, expanding geotechnical services for infrastructure projects across Southern Africa.

Timilehin Adejumobi Timilehin Adejumobi

Marriott expands luxury residences across Middle East and Africa

Marriott grows its luxury residences across key Middle East and African cities as demand for branded homes rises.

Timilehin Adejumobi Timilehin Adejumobi

Artisanal Cobalt boom: Congo reaches 1,000 tons of traceable Output

Congo marks a milestone in traceable cobalt, boosting local refining.

Timilehin Adejumobi Timilehin Adejumobi