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

Johannesburg opens first EV charging station, boosting Africa’s shift

Johannesburg is moving to expand clean transport, opening its first electric vehicle (EV) charging station as Africa’s largest city begins to align with a global shift toward low-emission mobility. The step reflects a broader push by African cities to invest in cleaner infrastructure despite ongoing power constraints.  The pilot site, launched in Booysens on March 24, 2026, is the first phase of a wider plan to support electric vehicles, including buses, across the city. Officials say the project is tied…

Oluwatosin Alao Oluwatosin Alao

Revolut expands to South Africa, seeks banking licence

UK digital bank Revolut sets up South African units, names local chairman, and files for a full banking licence.

Timilehin Adejumobi Timilehin Adejumobi

Malawian billionaire Hitesh Anadkat loses $297 million following record $1.69 billion gain

Malawian billionaire Hitesh Anadkat sees $297 million drop in FMB Capital stake after $1.69 billion gain in 2025.

Omokolade Ajayi Omokolade Ajayi

Egypt’s Orascom Construction signs 900 MW wind power deal in Egypt with ENGIE, Aeolus

Orascom, ENGIE, and Aeolus sign 900 MW wind deal in Egypt, boosting renewable capacity and long-term clean energy growth.

Feyisayo Ajayi Feyisayo Ajayi

Kenya Airways posts $132 million 2025 loss as aircraft shortages hit Africa routes

Kenya Airways posts $132 million 2025 loss as aircraft shortages cut capacity, revenue and key Africa routes.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Datatec expands European footprint with Poland acquisition

Datatec expands in Europe as Logicalis Germany acquires NetworkedAssets, strengthening engineering and Poland market entry.

Feyisayo Ajayi Feyisayo Ajayi

Morocco’s AFF secures $91 million to expand food industry

Morocco’s agri-food sector is attracting renewed investor attention, with fresh capital flowing into businesses linked to food security, processing and regional trade. The latest deal highlights how the North African economy is building its position in agro-industry as demand for locally produced and processed food rises across the continent.  This shift is supported by government policy, steady domestic consumption and growing export opportunities. Investors are focusing on companies that can connect farming to processing and distribution, helping close long-standing gaps…

Oluwatosin Alao Oluwatosin Alao

IFC targets women-led MSMEs through Simone Tiemtoré’s banking arms in Guinea and Burkina Faso

IFC launches $600,000 advisory project to boost MSME lending and financial inclusion in Guinea and Burkina Faso.

Feyisayo Ajayi Feyisayo Ajayi

Zimbabwe pushes land reform to unlock $258 billion economic potential by 2050

Zimbabwe advances land reform to unlock $258 billion economic potential, issuing bankable title deeds to 360,000 farmers.

Feyisayo Ajayi Feyisayo Ajayi