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

7 mining companies expanding Rwanda’s resource boom

Seven companies drive Rwanda’s rise in global mineral supply

Timilehin Adejumobi Timilehin Adejumobi

Meet Diane Karusisi: Top economist leading Rwanda’s largest bank to new financial heights

Diane Karusisi is driving Bank of Kigali’s digital expansion, boosting profits and financial inclusion while positioning Rwanda’s top lender for sustained growth.

Timilehin Adejumobi Timilehin Adejumobi

Tanzania’s richest man Mohammed Dewji loses $100 million after two-year surge

Mohammed Dewji loses $100 million as global pressures weigh on MeTL Group valuations, reducing his fortune to $2.1 billion.

Omokolade Ajayi Omokolade Ajayi

Lesotho pushes for better terms in key water deal with South Africa

Lesotho is preparing to renegotiate a decades-old water-sharing agreement with South Africa, a deal that contributes about 10% of the kingdom’s economy. Officials say talks could start as early as April, giving the small, landlocked nation a rare chance to press for improved terms with its much larger neighbor.  The agreement underpins the Lesotho Highlands Water Project (LHWP), a $3.1 billion infrastructure program that provides South Africa with water while generating royalties for Lesotho. Completed in stages since the 1990s,…

Oluwatosin Alao Oluwatosin Alao

South African Van der Walt brothers boost RMB Holdings stake to $34 million

South African billionaires Faan and Dirk van der Walt boost RMB Holdings stake to $34 million, strengthening strategic influence.

Feyisayo Ajayi Feyisayo Ajayi

Five new Black billionaires join global ranks in 2026

Five new Black billionaires join global ranks in 2026, pushing combined wealth past $120 billion.

Omokolade Ajayi Omokolade Ajayi

How wealthy Africans structure wealth to survive divorce, death, and disputes

Africa’s ultra-wealthy structure wealth to survive divorce, death, and disputes, ensuring continuity across generations and crises.

Feyisayo Ajayi Feyisayo Ajayi

Glencore, Canada close to deal to rescue copper facility  

Canada and Quebec are close to reaching a deal with Glencore to keep the Horne copper smelter operational.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian investor Tokunboh Ishmael builds Africa-focused impact capital platform through Alitheia Capital

Tokunboh Ishmael builds Alitheia Capital into a leading platform channeling impact investment into Africa’s underserved, high-growth sectors.

Feyisayo Ajayi Feyisayo Ajayi