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 10 African economies diversifying beyond oil

From fintech to farming, Africa’s top economies are reshaping growth beyond oil.

Timilehin Adejumobi Timilehin Adejumobi

Gold Fields, Africa’s most valuable mining company, nears $40 billion valuation

Gold Fields nears a $40 billion valuation after shares surge 175%, cementing its place as Africa’s top miner.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s top 10 renewable energy deal

Africa secures major renewable deals driving clean energy growth, economic reform, and sustainable development continent-wide.

Feyisayo Ajayi Feyisayo Ajayi

Ten largest nickel mines in operation in Africa

Africa’s nickel mines are drawing fresh investment as global demand for battery metals fuels economic growth.

Feyisayo Ajayi Feyisayo Ajayi

Johnson Controls Arabia partners with Raya Electronics to expand York HVAC footprint in Egypt

Johnson Controls Arabia partners with Raya Electronics to deliver York smart HVAC systems across Egypt’s fast-growing real estate sector.

Feyisayo Ajayi Feyisayo Ajayi

Barrick Gold to sell Côte d’Ivoire Tongon Mine in $305 million deal

Barrick Gold sells Tongon Mine to Atlantic Group in a $305 million deal.

Timilehin Adejumobi Timilehin Adejumobi

Malindi welcomes global spotlight with essence of Africa 2025

At a Glance Kenya is set to take the spotlight on the global tourism stage as Malindi prepares to host the second edition of Essence of Africa, a leading buyer-driven travel forum that brings together decision-makers shaping the continent’s tourism industry. The event, scheduled for Oct. 7–9, 2025, at Diamonds Malindi, is expected to attract 150 top international buyers and 150 exhibitors from across Africa.  For decades, Kenya has been best known for its safari circuits. But the shift from…

Oluwatosin Alao Oluwatosin Alao

Mauritian hospitality group New Mauritius Hotels reports $36 million profit as assets near $1 billion

New Mauritius Hotels posts $36 million profit as assets near $1 billion amid cost pressures and steady tourist arrivals.

Feyisayo Ajayi Feyisayo Ajayi

Jubilee Metals advances Zambia copper pivot after $15 million payment from South Africa asset sale

Jubilee Metals receives $15 million from South Africa asset sale, advancing its copper-focused expansion strategy in Zambia.

Feyisayo Ajayi Feyisayo Ajayi