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

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

Top 15 largest office buildings in Africa

Africa’s tallest office towers fuse striking architecture with economic ambition, reshaping skylines from Egypt to South Africa.

Feyisayo Ajayi Feyisayo Ajayi

Nedbank acquires fintech iKhokha in $94.3 million SME growth push

Nedbank to buy fintech iKhokha for $94.3 million, boosting SME digital services, inclusive finance and fintech growth in South Africa.

Feyisayo Ajayi Feyisayo Ajayi

Sirius boosts UK footprint with $136.4 million Hartlebury deal

Sirius Real Estate expands UK BizSpace portfolio with $136.4 million Hartlebury deal, boosting assets, revenue, and Midlands market presence.

Feyisayo Ajayi Feyisayo Ajayi

10 U.S. payment Apps driving African luxury retail sales

African luxury retailers turn to U.S. payment apps for seamless, secure, multi-currency sales.

Timilehin Adejumobi Timilehin Adejumobi

Top 10 largest food companies in Africa by revenue

Africa’s top 10 food companies drive growth with billions in revenue, diverse products, and strong presence across multiple nations.

Feyisayo Ajayi Feyisayo Ajayi

Deneb’s Sargas $2.73 million Durban industrial property sale collapses

Deneb’s Sargas unit scraps $2.73 million Durban industrial property sale after buyer fails to meet key deposit condition.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s top 10 makeup markets shaping the beauty Industry

At a Glance Africa’s beauty industry is experiencing a transformation unlike anything seen before. From Lagos to Johannesburg, global giants and homegrown innovators are reshaping how consumers engage with makeup and cosmetics. Rising disposable incomes, a booming youthful population, and the growing influence of digital media are fueling unprecedented growth, turning the continent into one of the most promising frontiers for the global beauty market.  In recent years, international powerhouses such as L’Oréal, Estée Lauder, and Shiseido have ramped up…

Oluwatosin Alao Oluwatosin Alao

U.S.-based 10 tech companies with significant operations in Africa

U.S. innovators reshape Africa’s digital economy through cloud and AI.

Timilehin Adejumobi Timilehin Adejumobi