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

Kenya’s Britam profit hits $42.6 million in 2025 on strong investment income

Britam profit rises to $42.6 million in 2025 as investment income offsets claims pressure, strengthening capital and growth outlook.

Feyisayo Ajayi Feyisayo Ajayi

Kenya’s CIC Group profit falls to $4 million in 2025 amid margin pressure

CIC Group profit plunges 82% to $4 million in 2025 as rising costs squeeze insurance margins across East Africa.

Feyisayo Ajayi Feyisayo Ajayi

IFC launches nearly half a million dollar project to strengthen Malawi SME credit

IFC launches $425,000 Malawi project to boost SME credit, strengthen asset-based lending and expand access for underserved entrepreneurs.

Feyisayo Ajayi Feyisayo Ajayi

Egypt curbs Cairo nightlife to ease rising energy costs

Egypt is tightening energy use in Cairo, dimming its nightlife as rising fuel costs and regional tensions strain public finances and the power grid. Authorities have ordered earlier business closures and reduced street lighting, a notable shift for a city known for its late-night pace.  The move reflects growing pressure on Africa’s third-largest economy as higher global energy prices push up import costs. Egypt still depends on imported fuel despite domestic production, leaving it exposed when supply is disrupted.  Prime…

Oluwatosin Alao Oluwatosin Alao

Kenya’s Raila family firm, Kango Enterprise bids for $5 million Telposta assets

Kango Enterprise’s bid for Telposta assets underscores robust competition and a broader trend of pension funds restructuring property holdings

Timilehin Adejumobi Timilehin Adejumobi

World Bank, AfDB, Rockefeller launch Mission 300 council to drive Africa’s $300m electrification push

World Bank, AfDB and Rockefeller launch Mission 300 council to mobilize private capital and expand electricity access to 300 million Africans by 2030.

Feyisayo Ajayi Feyisayo Ajayi

FCMB Capital Markets leads FMDQ Sponsors’ league table in 2025 with $1.1 billion raised

FCMB Capital Markets tops FMDQ league, raising $1.1 billion in corporate debt through bonds and commercial papers in 2025.

Editorial Team Editorial Team

Inside South African investor Kevin Ellerine’s $108 million portfolio in telecom, property, stocks

Kevin Ellerine controls a $108 million portfolio spanning telecom, property, and equities, anchored by a $50 million Blu-Label Telecom stake.

Feyisayo Ajayi Feyisayo Ajayi

South Africa lands $52 billion in pledges to power new investment drive

South Africa draws $52 billion in pledges, fueling jobs and infrastructure growth.

Timilehin Adejumobi Timilehin Adejumobi