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

Nigeria’s BUA Cement pays $79 million in taxes in 2025

BUA Cement pays $79 million in 2025 taxes as profit jumps 382%, driven by revenue growth, cost discipline, and reduced FX losses.

Feyisayo Ajayi Feyisayo Ajayi

MTN Nigeria’s rally draws valuation concerns as recovery trade peaks

MTN Nigeria rebounds from historic loss, posting record 2025 profit, raising questions on late-cycle valuations.

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s Seplat Energy faces strike as output expansion plan advances

Seplat Energy confronts operational disruption from a strike, putting pressure on output targets and supply stability

Timilehin Adejumobi Timilehin Adejumobi

AXIAN Energy secures $97 million financing for 60MW solar project in Senegal

AXIAN Energy secures $97 million to build a 60MW solar plant in Senegal, boosting electricity access and strengthening grid stability.

Feyisayo Ajayi Feyisayo Ajayi

Dispute grows over development near Kenya’s Nairobi National Park

A dispute over new construction inside Nairobi National Park is drawing renewed attention to how Kenya manages its most sensitive conservation areas, as environmental groups and state officials clash over the future of the reserve.  The row comes at a time when Nairobi is expanding quickly, placing added pressure on land once set aside for wildlife. For many residents and conservationists, the park is more than a tourist site — it is a rare green space on the edge of…

Oluwatosin Alao Oluwatosin Alao

Zimbabwe’s FMHL targets Southern Africa expansion push 

FMHL accelerates regional push, targeting digital transformation and insurance market expansion in Southern Africa

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s IDC to convert Orion loan into equity stake

South Africa’s IDC backs Prieska mine with an equity move, streamlining funding and timelines.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian clergyman Victor Abimbola Olaiya’s NAHCO stake surges to $23 million

Nigerian cleric Victor Abimbola Olaiya’s NAHCO stake surges $10 million to $23 million on strong Nigerian Exchange rally.

Feyisayo Ajayi Feyisayo Ajayi

Moroccan developer Addoha posts $55 million profit on strategy shift

Addoha posts $55 million profit as net income jumps 70%, signaling stronger execution and a shift to value-driven growth.

Feyisayo Ajayi Feyisayo Ajayi