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

10 top private reserves in Africa offering exclusive Safari experiences

Africa’s top private reserves redefine luxury safaris, blending exclusivity, conservation impact, and intimate wildlife experiences.

Feyisayo Ajayi Feyisayo Ajayi

IFC backs FirstRand’s $95 million bond to fund South Africa’s agri-SMEs

IFC anchors FirstRand’s $95 million bond to boost South Africa’s agri-MSMEs, linking investor returns to environmental outcomes.

Feyisayo Ajayi Feyisayo Ajayi

Coca-Cola expands South African operations with $1 billion investment plan

Coca-Cola invests $1 billion to modernize operations and boost distribution in South Africa’s consumer market.

Omokolade Ajayi Omokolade Ajayi

Fuel costs jump across Africa as governments rush to shield households

Fuel costs surge across Africa, forcing governments to cut taxes and adjust prices to ease pressure on households amid global supply shocks.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s LAPO gets $10 million IFC loan to expand MSME lending

IFC plans $10 million loan to LAPO MFB to expand MSME lending, boost digital finance, and deepen financial inclusion across Nigeria.

Feyisayo Ajayi Feyisayo Ajayi

Mozambique clears IMF debt as African nations cut foreign borrowing

Mozambique has fully repaid its $701 million debt to the International Monetary Fund, a rare move among African economies working to ease pressure from external borrowing and tighten public finances.  The payment, disclosed in a research note by Standard Bank, clears Mozambique’s balance with the Washington-based lender and brings an end to its outstanding obligations. It also led to the cancellation of an IMF mission planned for August, a sign that relations with the Fund are entering a quieter phase. …

Oluwatosin Alao Oluwatosin Alao

Moroccan Mohammed Bouzoubaa’s construction group posts $95 million profit in 2025

TGCC posts $95.2 million profit in 2025, up 82.4%, driven by strong execution, rising backlog and disciplined balance sheet management.

Feyisayo Ajayi Feyisayo Ajayi

Irele Tower opens in Lagos, expands Nigeria’s green office space

Irele Tower opens in Lagos, offering 12,000 sqm of eco-friendly office and retail space, boosting the city’s modern business hubs.

Omokolade Ajayi Omokolade Ajayi

Indian billionaire Ravi Jaipuria’s Varun Beverages buys South Africa’s Twizza for $125 million   

India-based Varun Beverages has completed its $125 million acquisition of South African soft drink maker Twizza.

Timilehin Adejumobi Timilehin Adejumobi