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

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

Standard Bank Group plans $6 billion corporate banking revenue growth by 2028

Standard Bank CEO Sim Tshabalala eyes $6 billion CIB revenue by 2028, boosting Africa growth amid rising infrastructure and trade demand.

Feyisayo Ajayi Feyisayo Ajayi

South African billionaire Christo Wiese to receive $11.3 million dividend from Shoprite

South African billionaire Christo Wiese to receive $11.3 million interim dividend from Shoprite for his 10.67% stake.

Omokolade Ajayi Omokolade Ajayi

Algeria, Spain in advanced talks to expand natural gas delivery

Spain and Algeria discuss boosting natural gas supply by 10 percent through the Medgaz pipeline.

Omokolade Ajayi Omokolade Ajayi

Ghana to sell 7-year bond, first since debt overhaul

Ghana returns to bond markets with a 7-year note after debt overhaul

Timilehin Adejumobi Timilehin Adejumobi

Zimbabwean billionaire backs stablecoin push across Africa

Zimbabwean billionaire Strive Masiyiwa is backing a fresh push to expand stablecoin payments across Africa, as global fintech firms look to tap into the continent’s growing demand for faster and cheaper ways to move money.  His company, Cassava Technologies, has partnered with Circle Internet Group Inc. to introduce digital dollar payments to millions of users. The move reflects a broader shift among investors and payment firms toward Africa, where mobile money and cross-border trade continue to grow.  The agreement will…

Oluwatosin Alao Oluwatosin Alao

Nigeria’s richest woman, Folorunso Alakija, unveils $1 million grant for women

Nigeria’s richest woman, Folorunso Alakija, launches $1 million grant to support women entrepreneurs with training and funding.

Omokolade Ajayi Omokolade Ajayi

Accelerate Property Fund advances $117 million restructuring, boosts Fourways Mall after Michael Georgiou’s exit

Accelerate Property Fund invests $116.5 million in Fourways Mall upgrades, cuts vacancies, and reshapes retail portfolio after founder exit.

Feyisayo Ajayi Feyisayo Ajayi