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

TotalEnergies bets on Namibia oil growth beyond Venus project

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

Timilehin Adejumobi Timilehin Adejumobi

Walmart set to open first retail stores in South Africa

Walmart to launch first branded stores in South Africa, boosting its African retail strategy.

Timilehin Adejumobi Timilehin Adejumobi

BP expands Egypt energy push with five new Mediterranean gas wells

BP has expanded its Egypt footprint, signing a deal for five deepwater Mediterranean wells.

Timilehin Adejumobi Timilehin Adejumobi

Globacom, Ondo partner to drive digital innovation in Nigeria

Governor Lucky Orimisan Aiyedatiwa hosted Globacom’s top executives in Akure, where the deal was unveiled as part of the state’s push for technology-driven administration.

Timilehin Adejumobi Timilehin Adejumobi

Tunisia tourism booms in 2025 as European visitors return

By July 20, 2025, the country had welcomed 5.3 million tourists, up 9.8 percent from the same period in 2024.

Timilehin Adejumobi Timilehin Adejumobi

Apex Group expands to Rwanda, boosting East Africa digital finance

Apex Group backs Rwanda’s rise as East Africa’s fintech and investment hub.

Timilehin Adejumobi Timilehin Adejumobi

Ethiopia projects $1 billion revenue from Africa’s largest Hydropower Dam

Ethiopia eyes $1 billion from Africa’s largest dam as electricity exports surge.

Timilehin Adejumobi Timilehin Adejumobi

10 international oil companies dominating Africa’s energy sector

Global energy giants reshape Africa’s future with high-stakes megaprojects.

Timilehin Adejumobi Timilehin Adejumobi

Azule Energy to boost Angola oil sector with $5 billion investment

Azule Energy plans a $5 billion Angola investment to sustain oil output.

Timilehin Adejumobi Timilehin Adejumobi