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

Zimbabwean billionaire Strive Masiyiwa’s Econet InfraCo plans Victoria Falls resort after $1 billion listing

Econet InfraCo is developing a luxury villa resort in Victoria Falls after its $1 billion listing, signaling a bold move into Africa’s high-end tourism market

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s richest man, Johann Rupert, gains $1.7 billion on Richemont rebound

Johann Rupert gains $1.7 billion, lifting his net worth to $17.7 billion and strengthening his position as South Africa’s richest man.

Omokolade Ajayi Omokolade Ajayi

Glencore, Taiwan refiner book tankers for Middle East oil after ceasefire

Glencore and CPC secure tankers as Middle East oil flows restart after US-Iran ceasefire, easing supply fears and boosting Asia shipments.

Timilehin Adejumobi Timilehin Adejumobi

Jankielsohn family’s $9 million Piketberg mall expansion nears completion

Piketberg Mall is nearing completion of a $9 million expansion led by the Jankielsohn family and financed by Nedbank.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s RMH moves to overhaul board as AttBid takeover nears completion

South Africa’s RMH nears full takeover by AttBid, triggering board overhaul and signaling the final step in asset monetization.

Feyisayo Ajayi Feyisayo Ajayi

Zenith Bank pays $1.4 million in penalties as Nigeria’s regulatory dragnet tightens

Zenith Bank paid $1.4 million in 2025 fines as CBN scrutiny intensifies, despite improved compliance and lower penalties year-on-year.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian insurance tycoon Wole Oshin to pocket $2.8 million from Custodian Investment

Wole Oshin to earn $2.8 million dividend as Custodian Investment posts strong 2025 earnings and robust revenue growth.

Feyisayo Ajayi Feyisayo Ajayi

Ghanaian businessman Ibrahim Mahama wins bid to take over Damang gold mine from Gold Fields

Engineers and Planners, led by Ibrahim Mahama, takes control of Damang gold mine from Gold Fields, boosting local mining leadership.

Omokolade Ajayi Omokolade Ajayi

Algeria’s richest man Issad Rebrab regains $1.1 billion as Cevital stabilizes

Issad Rebrab regains $1.1 billion as Cevital stabilizes after legal disputes, Brandt collapse, and governance challenges.

Omokolade Ajayi Omokolade Ajayi