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

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

Namibia Breweries posts $36.9 million profit, boosts dividend amid resilient demand

Namibia Breweries profit jumps 47% to NAD632 million ($36.9 million) as cost discipline and margin gains offset weak consumer demand.

Feyisayo Ajayi Feyisayo Ajayi

Sun King to invest $150 million in Ethiopia solar energy expansion

Sun King’s $150M push into Ethiopia targets rapid solar adoption through PAYG financing and last-mile distribution networks

Timilehin Adejumobi Timilehin Adejumobi

KCB Group backs Kenya leather industry with new strategic partnerships

KCB signs deals to unlock Kenya’s leather sector, boosting exports and SME financing

Timilehin Adejumobi Timilehin Adejumobi

Mauritius-based African Frontier Capital gets IFC backing for $125 million off-grid solar financing platform

IFC weighs $30 million loan to African Frontier Capital platform to expand off-grid solar access and mobilize $125 million funding.

Feyisayo Ajayi Feyisayo Ajayi

Meliá Hotels expands in Tunisia with five new resorts by 2030

Meliá Hotels International is stepping up its expansion in the Mediterranean with a new push into Tunisia, as demand grows for high-end, sustainable travel across North Africa.  The Spanish hotel group plans to operate five resorts in Tunisia through a partnership with Management Hospitality Group, with a target of about 3,000 rooms by 2030. The investment signals confidence in Tunisia’s tourism recovery and its appeal to international travelers.  Tunisia has long been known for its beaches and historic sites, drawing…

Oluwatosin Alao Oluwatosin Alao

Visa and Switch Al Maghrib join forces to fight payment fraud in Morocco

Morocco is moving to strengthen its digital payments system, as Visa and Switch Al Maghrib (SWAM) announce a partnership aimed at reducing electronic payment fraud. The collaboration uses artificial intelligence to detect suspicious activity, reflecting the country’s push to make cashless transactions safer and more reliable.  Over the past few years, electronic payments in Morocco have grown steadily. Rising consumer adoption, the expansion of e-commerce, and government initiatives promoting digital payments have made card transactions more common across urban and…

Oluwatosin Alao Oluwatosin Alao

Chairman of the world’s largest brewer, Martin Barrington to retire after nearly a decade on board

AB InBev Chairman Martin Barrington will retire April 29, ending nearly a decade overseeing strategy, governance and global growth.

Feyisayo Ajayi Feyisayo Ajayi

MTN taps Noluthando Gosa for South Africa board role amid governance expansion

MTN appoints Noluthando Gosa to its South Africa board, strengthening governance and strategic oversight in its largest market.

Feyisayo Ajayi Feyisayo Ajayi