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

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

Sanlam Unit Trust becomes Kenya’s CIS leader with $696.8-million asset under management

Sanlam Unit Trust tops Kenya’s CIS market with $697.29 million AUM in Q1 2025, overtaking CIC Asset Management.

Feyisayo Ajayi Feyisayo Ajayi

Kenya, Ethiopia seal deal on cross-border infrastructure push

These infrastructural projects are poised to transform the movement of goods, people, and services across the Ethiopia-Kenya border, fostering inclusive growth in underserved border communities.

Timilehin Adejumobi Timilehin Adejumobi

Top 15 listed REITs in Egypt

Egypt’s EGX-listed REITs are transforming real estate with $46.54 billion in value and diverse sector growth.

Feyisayo Ajayi Feyisayo Ajayi

Elon Musk loses $33 billion in a single day as feud with President Trump explodes

Elon Musk loses $33 billion in a day as Tesla tanks amid a political feud with Trump over EV subsidies and impeachment threats.

Omokolade Ajayi Omokolade Ajayi

Top 5 African cities with the best public transport systems

From Cape Town’s MyCiTi to Kigali’s smart buses, these cities are leading a new era of infrastructure and innovation across the continent.

Oluwatosin Alao Oluwatosin Alao

Oando upsizes Afreximbank-led reserve-based loan to $375 million after $139 million profit

Oando secures $375 million Afreximbank-led facility to boost oil production after Agip acquisition.

Feyisayo Ajayi Feyisayo Ajayi

Top 5 African cities with booming real estate markets 

Investor interest surges as urbanization, infrastructure growth, and diaspora inflows drive property booms across Africa.

Oluwatosin Alao Oluwatosin Alao

Top 5 African Airlines leading the skies in 2025 

These leading airlines are not just expanding—they’re transforming Africa’s global air presence through modern aircraft, seamless partnerships with global alliances.

Oluwatosin Alao Oluwatosin Alao