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

Dakar gains momentum as investors back Senegal’s growth vision

At a Glance Once known more for its calm shores than its commercial potential, Senegal is stepping into a new chapter — one defined by confidence, planning, and global partnerships. Long seen as a model of political stability in West Africa, the country is now positioning itself as a serious investment destination, drawing attention from global investors and development institutions alike.  That new confidence was on full display at the Fii Senegal Investment Forum, where policymakers, business leaders, and international…

Oluwatosin Alao Oluwatosin Alao

City Lodge Hotels share buybacks raise Allan Gray’s stake above $20 million

Allan Gray’s stake in City Lodge Hotels rises above $20 million after share buybacks boost institutional holdings.

Feyisayo Ajayi Feyisayo Ajayi

Ninety One surpasses $200 billion in assets under management

Ninety One tops $200 billion in assets, lifted by strong market gains and renewed client inflows.

Feyisayo Ajayi Feyisayo Ajayi

Old Mutual Private Equity acquires Honoris United Universities in pivot to education

Old Mutual Private Equity acquires Honoris United Universities, expanding into Africa’s growing higher-education market.

Feyisayo Ajayi Feyisayo Ajayi

First Quantum’s Enterprise Nickel Mine, Africa’s largest, gets $1.25 billion expansion boost

At a Glance First Quantum Minerals Ltd. has approved a fresh $1.25 billion outlay to grow its Enterprise Nickel Mine and Kansanshi Copper Mine in Zambia, marking one of the company’s largest African reinvestments in recent years.  The move signals confidence in the southern African nation’s renewed push to become a major player in the electric vehicle and clean-energy metals market. The Canadian miner, which trades on the Toronto Stock Exchange, said the decision followed steady progress at its existing…

Feyisayo Ajayi Feyisayo Ajayi

Windhoek launches free shuttle to boost city tourism

At a Glance Windhoek is changing how travelers experience Namibia’s capital. In a bid to make urban tourism more accessible and sustainable, Gondwana Collection Namibia has introduced the Hop’n’Go2, a free city shuttle service designed to simplify travel within the city while supporting green mobility.  The initiative, which launched in October 2025, marks a bold step toward reshaping how visitors navigate Windhoek’s cultural and social landscape. The pilot program will operate throughout the month before expanding to Swakopmund by the…

Oluwatosin Alao Oluwatosin Alao

Flagship Gold Corp plans major revival of Mali’s Morila mine

Flagship Gold’s new deal marks Mali’s biggest U.S. mining comeback.

Timilehin Adejumobi Timilehin Adejumobi

Cable & Wireless Seychelles’ half-year profit falls below $6 million

Cable & Wireless Seychelles’ half-year profit dropped 35.3% to $5.5 million as network investments weighed on earnings.

Feyisayo Ajayi Feyisayo Ajayi

Why African tycoons are increasingly investing in logistics and ports

African billionaires and global players are investing heavily in logistics and ports as trade and AfCFTA reforms reshape the continent’s economy.

Feyisayo Ajayi Feyisayo Ajayi