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

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

MCB secures $100 million climate financing facility to drive green growth in Africa

MCB secures $100 million, 10-year climate facility to fund renewable energy and resilience projects across Africa, deepening its green finance push.

Feyisayo Ajayi Feyisayo Ajayi

Radisson expands past 100 Africa hotels, eyes strong 2030 growth

Radisson Hotel Group has passed a key mark in Africa, with more than 100 hotels in operation and development, as it steps up expansion across some of the continent’s busiest travel markets. The move reflects rising demand for branded hotels, driven by business travel, urban growth, and a steady return of international visitors.  The milestone comes at a time when global hotel operators are paying closer attention to Africa. Better air links, population growth, and shifting travel patterns are helping…

Oluwatosin Alao Oluwatosin Alao

Moroccan real estate mogul Alami Lazraq faces $118 million loss as ADI shares slump

Moroccan tycoon Alami Lazraq loses $118.3 million as ADI shares fall, cutting his stake value below $550 million on Casablanca Bourse.

Feyisayo Ajayi Feyisayo Ajayi

Zimbabwean billionaire Strive Masiyiwa’s Liquid Intelligent prices $300 million notes for Africa expansion

Zimbabwean billionaire Strive Masiyiwa’s Liquid Intelligent raises $300 million to refinance debt and expand digital connectivity across Africa

Timilehin Adejumobi Timilehin Adejumobi

Elon Musk’s SpaceX nears $1.75 trillion IPO as AI boom lifts markets

Elon Musk’s SpaceX is preparing for what could be the largest public offering in history. The aerospace and space technology company has confidentially filed for an initial public offering that could value it at more than $ 1.75 trillion. The move comes amid a surge in artificial intelligence, which has lifted tech valuations and renewed investor interest in companies combining advanced technology with tangible infrastructure.  This IPO is more than a financial milestone. If SpaceX reaches its projected valuation, it…

Oluwatosin Alao Oluwatosin Alao

Equity Group boosts Tanzanian subsidiary with $19.8 million capital injection

Equity Group commits $19.8 million to its Tanzanian subsidiary, strengthening its balance sheet and expanding lending capacity

Timilehin Adejumobi Timilehin Adejumobi