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

Fani Titi earns $4.51 million as Investec CEO pay drops 36% in 2025

Investec CEO Fani Titi earns $4.51 million in 2025, as compensation drops 35.9% on weaker long-term incentives despite steady leadership.

Feyisayo Ajayi Feyisayo Ajayi

Wema Bank records $5.3 million fraud exposure as insider risks climb in Nigeria

The figures mark a sharp increase from 2024, when fraud exposure stood at N255.9 million ($188,000), with losses limited to N29.4 million ($21,500).

Editorial Team Editorial Team

Investec secures $200 million IFC loan to scale green housing finance in South Africa

Investec secures $200 million IFC loan to expand green housing finance and accelerate low-carbon property development in South Africa.

Feyisayo Ajayi Feyisayo Ajayi

Gemfields reports up to 26% revenue share to African governments from ruby, emerald operations

Gemfields says up to 26% of African mining revenue went to governments over a decade, reinforcing transparency and fiscal impact.

Feyisayo Ajayi Feyisayo Ajayi

Why Africa’s solar mini-grids are beating national utilities

Across Africa, solar mini-grids are disrupting weak utilities, unlocking faster electrification and reshaping energy access.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian billionaire Abdul Samad Rabiu to pocket N806 billion from BUA Foods, Cement

Abdul Samad Rabiu to collect N806 billion from dividends of BUA Foods and BUA Cement following record profits and growth in 2025.

Omokolade Ajayi Omokolade Ajayi

Radisson expands in South Africa with 155-room Umhlanga project

Radisson Hotel Group is stepping up its expansion in Africa, with South Africa at the center of its latest push. The company plans a 155-room serviced apartment project in Umhlanga, a fast-growing coastal business district near Durban.  The investment reflects renewed interest in Africa’s hospitality sector, as international hotel operators respond to a steady pickup in business travel and tourism. South Africa remains a key entry point, supported by developed infrastructure, strong corporate demand and well-known travel routes.  Across the…

Oluwatosin Alao Oluwatosin Alao

$3.3 billion gold offtake deal links Singapore’s Trafigura with Ghanaian mine

Trafigura signs $3.3 billion gold deal to buy 700,000 ounces from Ghana’s Bogoso–Prestea mine.

Omokolade Ajayi Omokolade Ajayi

Indorama to invest $525 million in Egypt fertilizer plant, eyes 80% exports

Egypt is stepping up efforts to expand its fertiliser industry, betting on exports to drive growth as global demand rises. New investment is flowing into the Suez Canal Economic Zone, where authorities are positioning the corridor as a base for large-scale manufacturing.  The latest project comes from Indorama Corporation, which is building its presence in North Africa with a new phosphate fertiliser plant designed mainly for overseas markets. The move reflects a wider push by governments across the region to…

Oluwatosin Alao Oluwatosin Alao