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

Afreximbank unveils $10 billion plan to shield Africa from Mideast crisis

Afreximbank approves $10 billion in support to shore up FX liquidity and critical imports across vulnerable African markets.

Timilehin Adejumobi Timilehin Adejumobi

Eskom redeems $2.2 billion bond after 19 years in markets    

Eskom redeems its $2.2 billion ES26 bond after 19 years, marking a milestone in financial stability and improved investor confidence in South Africa.

Timilehin Adejumobi Timilehin Adejumobi

Gabon could gain first billionaire as Samuel Dossou-Aworet’s oil stakes jump to $907 million

Samuel Dossou-Aworet’s oil stakes surge to $907 million, putting Gabon on the verge of gaining its first dollar billionaire as energy stocks rally.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Zenith Bank posts $754 million profit in 2025

Zenith Bank posts $754 million profit in 2025 under Jim Ovia, showing resilience despite earnings pressure and rising costs.

Feyisayo Ajayi Feyisayo Ajayi

Meet Soweto-born Phuthi Mahanyele-Dabengwa, first black chief executive of $40 billion South African giant, Naspers

Phuthi Mahanyele-Dabengwa, from Soweto, rises to lead $40 billion Naspers, marking a milestone in African corporate leadership.

Omokolade Ajayi Omokolade Ajayi

Alameda Healthcare expands into East Africa’s medical market with specialist clinic in Nairobi

Alameda Healthcare opens $250,000 Nairobi clinic, expanding Egypt’s healthcare investment footprint across Kenya and East Africa.

Feyisayo Ajayi Feyisayo Ajayi

OCI Global finalizes sale of ammonia unit to AGROFERT in $335 million deal

OCI Global sells ammonia unit to AGROFERT for $335 million, advancing portfolio reshaping while securing continued supply access.

Feyisayo Ajayi Feyisayo Ajayi

ECA launches plan to boost sustainable funding for Africa’s health systems

Africa’s health systems are facing renewed pressure as governments struggle to balance rising costs with limited public funds. For many families, the strain is personal — healthcare bills are still largely paid out of pocket, often pushing households deeper into poverty.  At the same time, policymakers are under growing pressure to deliver better services with tighter budgets. Health spending remains below expectations in many countries, even as populations expand and demand for care rises.  Against this backdrop, the UN Economic…

Oluwatosin Alao Oluwatosin Alao