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

Why South Africa has surged past Nigeria as Africa’s biggest fuel importer

South Africa overtakes Nigeria in fuel imports as Dangote’s refinery cuts dependence, reshaping Africa’s energy future and boosting Nigeria’s industrial self-sufficiency.

Omokolade Ajayi Omokolade Ajayi

Top 20 most valuable stocks on Casablanca Stock Exchange

Casablanca Stock Exchange’s top 20 most valuable companies reflect Morocco’s economic strength across banking, telecom, energy, construction, and mining.

Feyisayo Ajayi Feyisayo Ajayi

MTN, South African telecom giant, sees market cap increase to $13.3 billion

MTN’s market cap hits $13.3 billion on strong Q1 earnings, driven by Nigeria and Ghana growth, boosting Africa’s largest telecom.

Omokolade Ajayi Omokolade Ajayi

Top 10 outgoing CEO and their career achievements

A wave of CEO exits in 2025 signals a generational shift in African leadership as industry titans step down after reshaping mining, banking, and finance.

Feyisayo Ajayi Feyisayo Ajayi

SASSA moves disability grant bookings online, investigates 210,000 suspected double-dippers

SASSA launches online disability grant bookings targeting 210,000 suspected double-dippers amid fraud probes and payment delays.

Omokolade Ajayi Omokolade Ajayi

Lagos, Africa’s most populous city with $259 billion GDP

Lagos drives Nigeria’s economy, contributing over 22% to GDP in H1 2024 as private sector, real estate, and infrastructure fuel its $259.75 billion economy.

Feyisayo Ajayi Feyisayo Ajayi

Africa’s leading business hubs: where innovation meets opportunity

The continent’s shift from resource dependency to tech-led growth is drawing the attention of global investors seeking frontier-market returns.

Timilehin Adejumobi Timilehin Adejumobi

Ghana’s Gold boom: Record exports and rising prices fuel economic upswing

Ghana’s gold boom, led by small-scale miners and rising prices, fuels record exports, economic growth, and currency stability amid tighter regulations.

Omokolade Ajayi Omokolade Ajayi

Egypt secures $134 million German finance deal, unlocks $24 million debt swap

The deal, signed alongside a €21 million ($24 million) debt swap tranche, aims to accelerate Egypt’s green transition and sustainable energy supply.

Timilehin Adejumobi Timilehin Adejumobi