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

Vodacom, Africa’s communications giant, hits $15 billion market cap

Vodacom hits $15B market cap, driven by FY2025 growth, pan-African expansion, and rising investor confidence across telecom and fintech sectors.

Omokolade Ajayi Omokolade Ajayi

ADvTECH Group’s top 10 school acquisitions from 2015 to 2025

Explore ADvTECH’s top 10 African school acquisitions that shaped its education expansion strategy.

Feyisayo Ajayi Feyisayo Ajayi

10 best Halal honeymoon destinations for African muslim couples

Halal honeymoons mix luxury, privacy, and faith. Explore top 2025 destinations perfect for African Muslim couples.

Feyisayo Ajayi Feyisayo Ajayi

How PwC’s audit delay wiped over $250 million off Choppies’ market value in 2018

PwC’s audit delay erased $253 million in Choppies’ value, exposing governance flaws and investor risks in 2018.

Feyisayo Ajayi Feyisayo Ajayi

Adenuga’s Glo deepens fintech reach with PalmPay, rewards loyal customers

Glo partners PalmPay for digital airtime promo, offering users cash rewards, high-end devices, and 100% data bonuses.

Feyisayo Ajayi Feyisayo Ajayi

Ethiopia emerges as Africa’s most expensive country to live

Ranked 53rd globally with a cost of living index of 43.2, Ethiopia surpassed all other African nations in overall daily expenses.

Timilehin Adejumobi Timilehin Adejumobi

5 Businesses behind Zak Calisto’s rise to billionaire status

Zak Calisto built a tech empire across 25 countries. Here are 5 businesses behind his billionaire status.

Feyisayo Ajayi Feyisayo Ajayi

Valor hospitality expands into Nigeria, Senegal with $29.8 million investment

Valor Hospitality invests $29.8 million to expand into Nigeria and Senegal, marking a key move in West Africa’s growing hotel and tourism market.

Timilehin Adejumobi Timilehin Adejumobi

JPMorgan ups Sibanye-Stillwater stake to $292.1 million as miner eyes post-Froneman future

JPMorgan raises stake in Sibanye-Stillwater to $292 million, signaling confidence amid recovery and post-Froneman transition.

Feyisayo Ajayi Feyisayo Ajayi