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

Bishop Oyedepo’s 100,000-seat Ark nears completion ahead of dedication

Bishop David Oyedepo’s 100,000-seat Ark nears completion, set to be the world’s largest church auditorium.

Feyisayo Ajayi Feyisayo Ajayi

10 largest banking groups in Burkina Faso

Burkina Faso’s top banks power economic growth, deepen inclusion, and strengthen links with West African markets.

Feyisayo Ajayi Feyisayo Ajayi

Inside Lilium Capital Group, a US-based investment firm betting big on Africa’s financial future

Lilium Capital, led by Simon Tiemtoré, is betting big on Africa’s banking, mining, and healthcare sectors.

Feyisayo Ajayi Feyisayo Ajayi

Bank One, jointly owned by CIEL and I&M builds cross-border banking ties for Africa’s growth

Bank One Mauritius, co-owned by CIEL Finance and I&M Group, is bridging East and Southern Africa’s banking networks.

Feyisayo Ajayi Feyisayo Ajayi

Morocco’s Akdital Group enters Saudi Arabia in $1.4 billion deal

Akdital pushes regional growth with a $1.4 billion Saudi healthcare partnership.

Timilehin Adejumobi Timilehin Adejumobi

Namibia turns inward after settling $750 million Eurobond

At a Glance Namibia has drawn a line under one of the biggest financial obligations in its history, repaying a $750 million Eurobond that had weighed on its public finances for nearly a decade. The redemption marks a turning point for the southern African nation, signaling its intention to rely more on domestic markets rather than external borrowing.  Finance Minister Ericah Shafudah confirmed the full repayment this week, saying the government plans to prioritize local funding sources to meet its…

Oluwatosin Alao Oluwatosin Alao

Why Africa’s investment firms must rethink sports and entertainment as asset classes

Africa’s sports and entertainment sectors are the next big asset classes, if investors build structure and creative capital funds.

Feyisayo Ajayi Feyisayo Ajayi

10 African investment mavericks reshaping sports & media across the continent

Ten African investors are reshaping tech, sports, and media, fueling the continent’s creative and digital growth.

Feyisayo Ajayi Feyisayo Ajayi

FNB Zambia expands with acquisition of Standard Chartered’s retail banking unit

FNB Zambia grows its footprint as it acquires Standard Chartered’s retail arm.

Timilehin Adejumobi Timilehin Adejumobi