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

Lighthouse raises $22.6 million in oversubscribed rights issue

Lighthouse raises $22.6 million in oversubscribed rights issue to boost acquisitions, strengthen balance sheet.

Feyisayo Ajayi Feyisayo Ajayi

Ojude Oba festival 2025: Where culture, fashion, and business meet

Ojude Oba Festival 2025 drew over 1 million attendees to Ogun State, blending culture, fashion, and business to boost Nigeria’s tourism and creative economy.

Timilehin Adejumobi Timilehin Adejumobi

Kenya turns to Nigeria for LPG in bid to lower cooking gas costs

Kenya imports 11,474 tonnes of LPG from Nigeria, easing cooking gas prices and boosting energy trade through the new Vipingo terminal.

Omokolade Ajayi Omokolade Ajayi

South African rand gains more than 11% against U.S. dollar in two months

South Africa’s rand surges 11.2% in two months as investor confidence grows, budget progress signals political stability, and business activity hits 4-year high.

Omokolade Ajayi Omokolade Ajayi

7 African cultural practices influencing modern art

From Lagos to Johannesburg, artists are seamlessly integrating traditional African rituals, symbols, and craftsmanship into modern art, captivating collectors, museums, and galleries worldwide.

Timilehin Adejumobi Timilehin Adejumobi

Fairvest grows footprint with $26.8 million mall acquisitions

Fairvest acquires $26.8 million in malls, expanding retail footprint in underserved South African markets.

Timilehin Adejumobi Timilehin Adejumobi

Africa’s largest private education provider, ADvTECH enters Ghana as valuation nears $1 billion

ADvTECH opens Rosebank International in Ghana, marking its first tertiary expansion outside South Africa amid rising enrolments.

Feyisayo Ajayi Feyisayo Ajayi

Top 20 private education groups run by African tycoons

African tycoons are transforming education through top-tier private schools shaping minds and building empires.

Feyisayo Ajayi Feyisayo Ajayi

ElSewedy Electric’s $3.47 billion valuation crowns it Egypt’s top industrial stock

ElSewedy Electric tops Egypt’s industrial sector with a $3.47 billion valuation, record earnings, and strategic expansion across MENA and Africa.

Feyisayo Ajayi Feyisayo Ajayi