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 of Africa’s biggest bank by total assets

Africa’s largest banks by assets are shaping growth, financing infrastructure, and driving digital banking transformation.

Feyisayo Ajayi Feyisayo Ajayi

ER Group’s Rogers Capital expands to Uganda with new premium office project

ER Group’s Rogers Capital, via Oficea, is entering Uganda’s office market, expanding premium workspace options in East Africa.

Feyisayo Ajayi Feyisayo Ajayi

European Union launch $1.3 billion Impact+ Facility to boost SME finance across Africa

EU and Proparco launch $1.3B Impact+ Facility to expand credit access and support SME growth across Africa.

Feyisayo Ajayi Feyisayo Ajayi

Accor inks new Mövenpick Abuja deal to deepen West Africa reach

Accor signs new Mövenpick Abuja deal, expanding its premium footprint in Nigeria and West Africa.

Timilehin Adejumobi Timilehin Adejumobi

Morocco named Africa’s leading tourist destination, 13th worldwide

At a glance Morocco has emerged as Africa’s leading tourism destination and one of the top-ranked globally, marking a defining moment for the North African nation. The country now ranks first in Africa and 13th worldwide, according to new data from the Ministry of Tourism — a recognition that underscores its strong post-pandemic recovery and growing global reputation as a must-visit destination.  Over the first 10 months of 2025, Morocco welcomed 16.6 million visitors — a 14-percent increase compared with…

Oluwatosin Alao Oluwatosin Alao

Inside African corporate finance: How 10 blue-chip giants fund growth

A deep dive into how Africa’s top blue-chip firms structure, fund, and sustain corporate growth across markets.

Feyisayo Ajayi Feyisayo Ajayi

Absa Bank secures West Wits equity in strategic fee settlement deal

Absa strengthens its role in African mining with the new West Wits equity deal.

Timilehin Adejumobi Timilehin Adejumobi

Sibanye, Appian settle $215 million dispute over Brazil mines

Sibanye and Appian settle $215 million Brazil mines dispute, ending a $1.2 billion failed nickel and copper deal.

Timilehin Adejumobi Timilehin Adejumobi

10 largest conglomerates powering Mauritius’ economic landscape

Mauritius’ top 10 conglomerates drive growth, sustainability, and global investment, shaping the island’s diverse economic landscape.

Feyisayo Ajayi Feyisayo Ajayi