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

Castleview deepens hold on SA Corporate real estate in $18.1 million deal

Castleview acquires $18.1 million stake in SA Corporate Real Estate, deepening its hybrid REIT investment strategy in a recovering property market.

Feyisayo Ajayi Feyisayo Ajayi

Santam becomes first African insurer to win Lloyd’s of London approval to launch a global insurance syndicate

Santam gets nod to launch global syndicate in London, becoming first African insurer to win Lloyd's of London approval

Feyisayo Ajayi Feyisayo Ajayi

PIC pares stake in poultry giant Astral Foods amid portfolio recalibration

PIC trims stake in Astral Foods to 23.94%, signaling caution amid sector volatility, bird flu, and power challenges.

Feyisayo Ajayi Feyisayo Ajayi

Cape Town nears greenlight for long-awaited second airport

Cape Winelands Airport set to ease Cape Town International congestion and meet soaring travel demand.

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwean tycoon Simon Rudland-linked Braemar, CBH sign pact to tilt Quantum Foods control

Zimbabwe’s Rudland-backed firm and poultry player Country Bird grant each other the right of first refusal in strategic move

Feyisayo Ajayi Feyisayo Ajayi

SANRAL gets $397.6 million BRICS-backed loan to boost South African toll infrastructure

SANRAL secures $397.6 million NDB loan to upgrade N1, N2, and N3 toll roads, boosting South Africa’s transport infrastructure and economic corridors.

Feyisayo Ajayi Feyisayo Ajayi

Namibia’s top 10 companies dominating the Stock Exchange

Namibia Stock Exchange (NSX) attracts local and global investors eyeing Namibia’s banking, telecom, real estate, and renewable energy.

Timilehin Adejumobi Timilehin Adejumobi

Mantengu acquires Blue Ridge Platinum in strategic pivot to PGM sector

At a Glance Mantengu Mining Ltd, the Johannesburg-listed investment holding company chaired by South African executive Jonas Tshikundamalema, has finalized the acquisition of Blue Ridge Platinum and Sheba’s Ridge from a consortium including Corridor Mining Resources and AfroCentric Investment Corporation for a total of R3 billion ($170.34 million). The deal, first unveiled in 2024, was approved by the boards and regulatory stakeholders involved and marks Mantengu’s full-scale entry into the platinum group metals (PGM) sector. The acquisition includes mining rights,…

Feyisayo Ajayi Feyisayo Ajayi

10 private Jet firms elevating Luxury travel across Africa

Africa’s private jet market thrives as VistaJet, ExecuJet, and Anap Jets lead luxury travel.

Timilehin Adejumobi Timilehin Adejumobi