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

BIM’s Morocco network nears 1,000 stores as expansion accelerates

Turkey’s discount retail giant BİM is nearing a key milestone in Morocco, where its store network is approaching 1,000 locations, underscoring the country’s growing role in its international business.  The expansion reflects broader shifts in Morocco’s consumer market. Rising living costs and steady urban growth are pushing more shoppers toward low-price retailers, creating room for chains that focus on affordability and efficiency.  BIM has steadily built its presence by opening smaller stores in densely populated areas, offering a limited range…

Oluwatosin Alao Oluwatosin Alao

5 richest Arab families in 2026 ranked by net worth

Five richest Arab families in 2026 leverage energy, real estate, and telecoms to build multibillion-dollar empires and global influence.

Feyisayo Ajayi Feyisayo Ajayi

SNCF, CFF extend rail partnership through 2032 to boost international transport

SNCF Voyageurs and Swiss Federal Railways (CFF) have extended their partnership through 2032, aiming to strengthen high-speed rail connections between France, Switzerland, and neighboring European countries. The agreement builds on 45 years of cooperation, primarily through the TGV Lyria service, which has become a vital link for both business and leisure travelers.  The renewed deal comes at a time when more Europeans are choosing rail over air for short and medium-distance travel, driven by convenience, comfort, and environmental concerns. “To…

Oluwatosin Alao Oluwatosin Alao

Nigeria’s Moniepoint expands into Kenya, targets SME banking growth

Moniepoint acquires 78% of Sumac Microfinance Bank, expanding SME banking and operations in Kenya under Tosin Eniolorunda.

Omokolade Ajayi Omokolade Ajayi

Funds managed by British billionaire Stephen Butt in Tiger Brands hits $390 million

Stephen Butt controls a $390 million stake in Tiger Brands, cementing Silchester’s quiet influence in South Africa’s consumer sector.

Feyisayo Ajayi Feyisayo Ajayi

Kenyan businessman John Kimani to receive Ksh105.1 million dividend from Kakuzi

Kenyan businessman John Kibunga Kimani to receive Ksh105.1 million dividend from Kakuzi as profits rebound in 2025.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s FCMB limits exposure in fraud attempt

FCMB blocks N2.4 billion ($1.73 million) in fraud attempt, limiting exposure as Nigeria strengthens digital banking security.

Omokolade Ajayi Omokolade Ajayi

Waterway to launch $190 million real estate fund targeting Africa growth

Egypt’s property market is drawing renewed investor interest as developers look for steady income in a volatile economy. The Waterway Developments is preparing to launch a $190 million real estate fund, adding to a growing pool of structured investment vehicles across Africa.  The Cairo-based firm plans to roll out the fund in the first half of 2026, at a time when demand for residential and commercial space remains firm despite cost pressures. Foreign buyers, particularly from the Gulf, have continued…

Oluwatosin Alao Oluwatosin Alao

Anna Mokgokong: South African businesswoman behind billion-dollar investment group, CIH

From selling sandwiches to leading a $1.1 billion group, Anna Mokgokong rose to shape South Africa’s healthcare, mining, and ICT sectors.

Omokolade Ajayi Omokolade Ajayi