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

GAFSP allocates $14 million to AfDB for private investment

At a Glance The Global Agriculture and Food Security Program (GAFSP) has approved a $14 million allocation to the African Development Bank (AfDB) to strengthen food security and boost private investment across Africa’s agricultural sector. The funding, announced this week, marks the first allocation under GAFSP’s new private-sector financing window and aims to make agricultural lending more attractive and sustainable in low-income countries.  With food systems under pressure from climate change, conflict, and supply chain disruptions, the initiative seeks to…

Oluwatosin Alao Oluwatosin Alao

Angola makes bid for Anglo American’s De Beers ownership

Angola’s state miner Endiama offers to acquire Anglo American’s De Beers stake, signaling a new power shift in Africa’s diamond market.

Timilehin Adejumobi Timilehin Adejumobi

Sonatrach, Africa’s largest oil and gas company, resumes Libya drilling after decade-long halt

Sonatrach resumes drilling in Libya’s Ghadames Basin after 11 years, signaling renewed confidence in the country’s oil revival.

Feyisayo Ajayi Feyisayo Ajayi

Top 10 hydropower stations in Africa

Africa’s major rivers power growth through clean energy. These 10 hydropower stations drive progress across the continent.

Feyisayo Ajayi Feyisayo Ajayi

15 biggest steel companies in Africa

Africa’s top 15 steelmakers are driving growth, modernization, and cleaner production to power the continent’s industrial future.

Feyisayo Ajayi Feyisayo Ajayi

RE/MAX expands Africa presence with new real estate offices in Morocco

RE/MAX Morocco debut signals rising investor confidence in North Africa.

Timilehin Adejumobi Timilehin Adejumobi

Development Bank of Southern Africa renews pact to advance Africa’s green agenda through 2030

DBSA renews its partnership with France’s AFD to boost Africa’s green finance, clean energy, and sustainable growth through 2030.

Feyisayo Ajayi Feyisayo Ajayi

The Leonardo Sandton: South Africa’s tallest luxury mixed-use tower

The Leonardo rises 234m in Sandton, blending luxury living, offices, and public spaces in Johannesburg’s tallest mixed-use tower.

Feyisayo Ajayi Feyisayo Ajayi

10 largest electrical companies powering Africa’s energy future

Africa’s largest power firms are expanding grids, building renewables, and lighting up homes, cities, and industries across the continent.

Feyisayo Ajayi Feyisayo Ajayi