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

Africa’s top two LNG producers plot joint energy push after Gastech talks

Egypt and Nigeria plan joint LNG and energy projects after Gastech talks, aiming to boost African gas exports.

Feyisayo Ajayi Feyisayo Ajayi

Gemfields raises $32 million from Zambia emerald auction

Gemfields secured $32 million from its Zambia Kagem emerald auction, boosting confidence in gemstone demand.

Feyisayo Ajayi Feyisayo Ajayi

Blencowe secures $1.5 million funding for Uganda mining project

Funding fuels Uganda’s Orom-Cross graphite project in the critical minerals race.

Timilehin Adejumobi Timilehin Adejumobi

Rubis Energy Kenya’s half-year sales reach $533 million as forex masks mixed results

Rubis Energy Kenya posts $533 million sales in H1 2025 as retail growth offsets aviation drag and forex volatility.

Feyisayo Ajayi Feyisayo Ajayi

Kenyan investment giant Centum consolidates control of Akiira geothermal project with $1.8 million buyout

Centum Investment raises Akiira Geothermal stake to 85% with $1.8 million buyout, seeking partners to revive the stalled Rift Valley project

Feyisayo Ajayi Feyisayo Ajayi

10 powerful female entrepreneurs in Mauritius

Mauritius’ women entrepreneurs are driving growth across finance, luxury, and startups.

Timilehin Adejumobi Timilehin Adejumobi

Kavango Resources boost Zimbabwe gold mining with $2.9 million funding

Kavango moves toward early gold production with a $2.9 million raise.

Timilehin Adejumobi Timilehin Adejumobi

Meet 5 airline founders driving Nigeria’s aviation growth

Nigerian aviation founders expand routes, jobs, and access despite industry hurdles.

Timilehin Adejumobi Timilehin Adejumobi

TotalEnergies bets on Namibia oil growth beyond Venus project

TotalEnergies pushes deeper into Namibia with Venus as a growth foundation.

Timilehin Adejumobi Timilehin Adejumobi