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

Co-op Bank Kenya half-year profit hits $109.1 million

Co-op Bank of Kenya posted $109.1 million H1 profit, lifted by digital growth, asset expansion, and strong shareholder returns.

Feyisayo Ajayi Feyisayo Ajayi

UBA, BoI unveil $3.3 million fund to boost female entrepreneurs

The initiative, backed by the Federal Government’s MSME Fund, aims to stimulate economic growth by offering affordable financing for micro, small, and medium enterprises (MSMEs).

Timilehin Adejumobi Timilehin Adejumobi

10 economic summits driving Africa’s growth and global investment

High-level forums reshape Africa’s economy through innovation and investment.

Timilehin Adejumobi Timilehin Adejumobi

IFC’s $10.07 million bet on Pollman’s parent Safari Holdings takes shape

IFC plans $10.07 million equity in Safari Holdings, parent of Pollman’s, bolstering East Africa’s safari tourism platform.

Feyisayo Ajayi Feyisayo Ajayi

PK Investments lifts stake in MAS to $349.5 million in acquisition bid

PK Investments boosts MAS stake to 36.3%, securing near-majority control with €115m cash bid in strategic acquisition.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian telecom mogul Bashir Ahmad El-Rufai’s stake hit $7.7 million in IHS

Bashir Ahmad El-Rufai’s IHS Towers stake surged to $7.7 million in 2025, driven by a 110% share price rally.

Feyisayo Ajayi Feyisayo Ajayi

15 African Union leaders behind Africa’s continental leadership success

African Union leaders whose diplomacy and vision defined modern Africa’s legacy.

Timilehin Adejumobi Timilehin Adejumobi

Namibia’s 10 leading fintech firms transforming mobile payments

Leading fintechs in Namibia are transforming commerce with fast, secure mobile payments.

Timilehin Adejumobi Timilehin Adejumobi

Fawry delivers H1 revenue of $78 million under Ashraf Sabry

Fawry’s H1 revenue jumped 63.8% to $77.5 million, with profit nearly doubling as Egypt’s shift to cashless payments accelerates.

Feyisayo Ajayi Feyisayo Ajayi