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

China to remove all tariffs on African exports to boost trade

China will remove all tariffs on exports from 53 African nations to boost trade, cut a $62 billion deficit, and support AfCFTA-linked industrial growth.

Timilehin Adejumobi Timilehin Adejumobi

Orange S.A inks landmark AFD pact to accelerate digital access across Africa, Middle East

Orange partners with AFD to expand digital access, training, and inclusion across Africa, the Middle East, and beyond.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s $5.8 billion Hive project eyes global Green Ammonia market

South Africa eyes the global green ammonia market with the $5.8 billion Hive project, aiming to export 1 million tons by 2029 from Coega to the EU and Asia using clean energy.

Timilehin Adejumobi Timilehin Adejumobi

Capitec readies new SMME loan offering to fuel expansion

South African lender doubles down on its ambitions to serve the country’s six million formal and informal small businesses.

Timilehin Adejumobi Timilehin Adejumobi

Safaricom emerges as East Africa’s premier firm with $7.4 billion valuation

Safaricom tops $7.4 billion valuation, driven by record earnings, dividends, and cross-border expansion into Ethiopia.

Feyisayo Ajayi Feyisayo Ajayi

Kenya to fast-track Intra-African trade for economic expansion

Kenya moves to boost exports and industry by tapping AfCFTA, with IATF2025 set to unlock $44 billion in intra-African trade and investment opportunities.

Timilehin Adejumobi Timilehin Adejumobi

Egypt, Saudi Arabia to build $4 billion ‘Moses bridge’ across Red sea

The bridge is expected to slash travel time between the two countries to just 30 minutes by car, revolutionizing mobility between Africa and Asia.

Timilehin Adejumobi Timilehin Adejumobi

TMG Group hits $2.4 billion valuation in 2025, eyes Africa’s top REIT spot

At a Glance Cairo-based property powerhouse Talaat Moustafa Group Holding (TMG), led by billionaire Hisham Talaat Moustafa, has added over $400 million to its market value in 2025—cementing its dominance as Africa’s most valuable listed real estate developer. TMG’s valuation briefly dipped below $2 billion in January, when its share price fell to EGP 48.7 ($0.984). Since then, the company has rebounded sharply, fueled by record-breaking sales, regional expansion, and strategic developments such as its SouthMED coastal megaproject. As of…

Feyisayo Ajayi Feyisayo Ajayi

Sango Bay Estates: Uganda’s controversial palm oil project in a protected wetland

Uganda’s Sango Bay Estates fuels land use tensions as palm oil ambitions threaten wetlands and biodiversity.

Feyisayo Ajayi Feyisayo Ajayi