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

Top 5 largest malls in Egypt

Egypt’s retail scene has evolved from souks to mega malls that blend shopping, dining, and leisure across Cairo and Alexandria.

Feyisayo Ajayi Feyisayo Ajayi

Saudi Energy giant Signs $5.4 billion oil deal with Algeria’s Sonatrach

Saudi Midad Energy signs a $5.4 billion deal with Sonatrach to boost Algeria’s oil output.

Timilehin Adejumobi Timilehin Adejumobi

Top 10 corporate corruption scandals that shook Africa

Africa loses $148 billion yearly to corruption, draining budgets and eroding trust across energy, finance, and public sectors.

Feyisayo Ajayi Feyisayo Ajayi

Africa counts 418 business jets as private aviation market in MENA nears $1 billion

Africa’s private aviation market hits 418 jets as MENA region growth nears $1 billion, led by South Africa, Kenya, and Nigeria.

Feyisayo Ajayi Feyisayo Ajayi

Hassan Allam Construction secures $550 million New Cairo contract

Hassan Allam Construction wins $550 million New Cairo project with Grova, expanding Egypt’s sustainable real estate growth.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwe emerges on Forbes list of top 2025 travel spots

At a Glance Zimbabwe has earned international recognition after being named the world’s best country to visit in 2025 by Forbes, marking a defining moment for Africa’s tourism industry. The ranking places the Southern African nation ahead of destinations such as Sri Lanka, South Korea, and Lithuania, underscoring Zimbabwe’s growing appeal as one of the world’s most captivating travel experiences.  The accolade signals more than a tourism milestone—it reflects a changing global outlook on Africa as a whole. Long celebrated…

Oluwatosin Alao Oluwatosin Alao

7 biggest farms in East Africa driving agribusiness growth

Five major farms across East Africa are redefining large-scale agriculture through technology, sustainability, and local partnerships.

Feyisayo Ajayi Feyisayo Ajayi

Inside Africa’s top 10 biggest alcohol-drinking Countries

At a Glance Across Africa, the drinking culture is evolving as economies expand, cities grow, and disposable incomes rise. Once defined by homemade brews and informal bars, the continent’s alcohol landscape now features a mix of global brands, local distilleries, and traditional beverages that continue to shape social life and commerce.  Over the past decade, Africa has emerged as one of the fastest-growing alcohol markets in the world. According to data from the World Health Organization (WHO) and Euromonitor International,…

Oluwatosin Alao Oluwatosin Alao

Saudi Exim Bank enters Africa, opens office in Morocco

Saudi Exim Bank opens its first African office in Casablanca, strengthening trade and investment ties.

Timilehin Adejumobi Timilehin Adejumobi