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

World Bank’s arm invests $50 million in Lagos Free Zone to boost Nigeria’s economy

IFC’s $50 million investment in Lagos Free Zone boosts Nigeria’s industrial growth, trade efficiency, and economic diversification.

Feyisayo Ajayi Feyisayo Ajayi

5 African Athletes who built business empires

These sports icons are redefining success, leveraging their fame to create diversified portfolios across sectors like real estate, technology, and finance.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian oil tycoon Mohammed Indimi makes $1.7 million from Jaiz bank shares

As the largest shareholder in Nigeria’s pioneering non-interest bank, Indimi holds significant sway with a 24.06% stake in Jaiz Bank.

Feyisayo Ajayi Feyisayo Ajayi

Top 10 Africa’s biggest companies by assets

Africa’s top firms drive economic growth, innovation, and global trade, with banking, telecom, and energy giants shaping the continent’s business landscape.

Feyisayo Ajayi Feyisayo Ajayi

SPAR exits Poland after finalizing $143.5 million disposal

SPAR Group exits Poland, finalizing its divestment to focus on core markets. The R2.67 billion recapitalization aids its strategic shift to stronger regions.

Feyisayo Ajayi Feyisayo Ajayi

Top 10 biggest shareholders of Standard Bank Group

Standard Bank Group’s top shareholders, including ICBC and PIC, shape its strategy, governance, and growth across Africa, highlighting strong institutional and global investor confidence.

Feyisayo Ajayi Feyisayo Ajayi

Top 10 Africa’s largest Central Banks with their total assets

Africa's largest central banks, led by the SARB, influence monetary policy, financial stability, and economic growth, tackling challenges like inflation and fintech opportunities.

Feyisayo Ajayi Feyisayo Ajayi

Tanzania’s biggest bank, NMB, sees $100 million market value increase in first 25 days of 2025

NMB’s broad footprint in Tanzania, with 231 branches, 715 ATMs, and 7.1 million customers, continues to position it as a top player in the region’s banking sector.

Omokolade Ajayi Omokolade Ajayi

U.S. blacklist of China’s gaming giant wipes out $3.8 billion from Africa’s most valuable company

This decline reflects a ripple effect from Tencent’s own struggles, with the Chinese tech giant’s shares falling over 6 percent since the start of the year.

Omokolade Ajayi Omokolade Ajayi