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

Egypt, Jordan boost SME support, deepen trade ties across region

Egypt and Jordan are stepping up efforts to support small businesses and expand trade, as both countries look to open new channels for investment and strengthen economic links across the region.  The push brings together two key institutions — Egypt’s Micro, Small and Medium Enterprise Development Agency (MSMEDA) and the Jordan Enterprise Development Corporation (JEDCO) — at a time when governments are paying closer attention to the role of small firms in driving jobs and exports.  In both countries, small…

Oluwatosin Alao Oluwatosin Alao

Growthpoint CEO Norbert Sasse pockets $1.9 million salary in 2025

Growthpoint CEO Norbert Sasse earns $1.85 million in 2025, up 14.5%, ahead of his planned June 2026 retirement.

Feyisayo Ajayi Feyisayo Ajayi

Vodacom Tanzania invests $28 million in Kenya digital payments upgrade    

Vodacom Tanzania invests $28 million to upgrade M-Pesa, boosting security, reliability, and digital payments across East Africa.

Timilehin Adejumobi Timilehin Adejumobi

Kenya fuel executives resign as state probes fuel scarcity, supply chain issues

Three Kenyan fuel executives resign as authorities investigate supply manipulation, shortages, and emergency imports.

Omokolade Ajayi Omokolade Ajayi

Nigeria capitalizes on $100 per barrel oil as production hits 1.84 million bpd

Nigeria boosts crude output to 1.84 million barrels per day amid $100 oil, aiming for stronger export revenue.

Omokolade Ajayi Omokolade Ajayi

Giovanni Ravazzotti loses $22 million as Italtile shares slide on JSE

Giovanni Ravazzotti’s Italtile stake drops $22 million in 2026 as weak demand and market pressures weigh on shares.

Feyisayo Ajayi Feyisayo Ajayi

Egypt raises electricity prices as energy costs surge

Egypt raises electricity prices for heavy users as energy import costs surge, while shielding lower-income households from tariff increases.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Metair awards over $1.2 million shares to executives under 2009 share plan

Metair awards $1.2 million in performance shares to executives, aligning incentives with long-term growth and shareholder value creation.

Feyisayo Ajayi Feyisayo Ajayi

Botselo Mills partners Shoprite to bolster South Africa’s maize supply chains

Botselo Mills partners Shoprite to scale maize supply nationwide, boosting food access, distribution efficiency and South Africa’s supply chains.

Feyisayo Ajayi Feyisayo Ajayi