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

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

10 notable banks in Mauritius

Mauritius’ banking sector combines global reach, digital growth, and financial stability, making the island a trusted financial hub.

Feyisayo Ajayi Feyisayo Ajayi

AfDB approves $6 million to boost Africa’s disaster resilience

AfDB approves $6 million grant to boost Africa’s disaster preparedness and strengthen climate resilience through better risk financing.

Feyisayo Ajayi Feyisayo Ajayi

DP World opens $85 million logistics hub in Egypt’s Sokhna

DP World opens an $85 million Sokhna logistics park, enhancing Egypt’s role as a key global trade gateway.

Timilehin Adejumobi Timilehin Adejumobi

World Bank flags stronger 2025 growth for Sub-Saharan Africa as inflation retreats

World Bank forecasts 3.8% growth in Sub-Saharan Africa for 2025 as inflation eases, but job creation remains urgent.

Feyisayo Ajayi Feyisayo Ajayi

QatarEnergy launches new gas exploration drive in Egypt

At a Glance QatarEnergy is deepening its footprint in Egypt’s energy landscape through a new partnership with Italy’s Eni to explore natural gas in the offshore North Rafah concession in the Mediterranean Sea. The agreement highlights QatarEnergy’s continued commitment to expanding its upstream portfolio and strengthens Egypt’s role as an emerging hub for gas exploration and production.  The North Rafah block adds to QatarEnergy’s growing list of projects in Egypt, reflecting a broader strategy to expand its exploration base across…

Oluwatosin Alao Oluwatosin Alao

NVIDIA widens AI reach with Nokia, Palantir and Cassava Technologies

NVIDIA expands AI reach through key alliances with Nokia, Palantir and Cassava to link chips, software and connectivity.

Feyisayo Ajayi Feyisayo Ajayi

African Development Bank approves $75 million in Nyanza Light Metals to drive large-scale titanium processing

AfDB approves $75 million for Nyanza Light Metals to boost Africa’s titanium processing and drive inclusive industrial growth.

Editorial Team Editorial Team

Africa’s Circular Economy gains momentum as innovation meets opportunity

Africa’s circular economy gains traction as innovators turn waste into jobs, reshaping sustainability and economic inclusion across the continent.

Editorial Team Editorial Team