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

Standard Bank CEO Sim Tshabalala urges overhaul of South Africa regulations

Standard Bank CEO Sim Tshabalala urges South Africa regulatory overhaul, warning outdated rules and Basel III may hinder growth and investment.

Timilehin Adejumobi Timilehin Adejumobi

Dis-Chem veteran Stanley Goetsch exits after 42 years, offloads $4.8 million stake

Dis-Chem director Stanley Goetsch exits after 42 years, selling $4.8 million in shares ahead of planned retirement.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian billionaire Abdul Samad Rabiu to get N467 billion from BUA Foods’ record dividend

Abdul Samad Rabiu to get N467 billion from BUA Foods’ record dividend after a year of strong profits and revenue growth.

Omokolade Ajayi Omokolade Ajayi

Nigeria’s Oando secures Angola oil block to grow African operations

Oando secures Angola’s KON 13 block, taking 45% stake as it expands upstream and deepens Africa-focused oil production strategy.

Feyisayo Ajayi Feyisayo Ajayi

Remgro, controlled by Johann Rupert, restructures Mediclinic stake in $950 million asset swap

Remgro and MSC’s IHL unwind Mediclinic joint venture in $950 million asset swap, refocusing ownership across Africa and Switzerland.

Feyisayo Ajayi Feyisayo Ajayi

Aveng appoints Naidene Ford-Hoon, Graeme Bevans in board overhaul

Aveng appoints Ford-Hoon, Bevans to board, naming chairman designate as it strengthens governance and positions for long-term growth.

Feyisayo Ajayi Feyisayo Ajayi

South African-born billionaire Natie Kirsh to sell U.S. business for $29.1 billion

South African-born billionaire Natie Kirsh to sell U.S. grocery chain Jetro to Sysco for $29.1 billion, creating a major food-service group.

Omokolade Ajayi Omokolade Ajayi

Kenya’s Makueni County gets new I&M Bank branch as group assets hit $5.3 billion

I&M Bank opens first Makueni branch as group assets rise to $5.3 billion, boosting access for local businesses and residents.

Omokolade Ajayi Omokolade Ajayi

Sirius Real Estate buys Kiel defence-anchored business park for $107 million

Sirius Real Estate buys Kiel business park for $107 million, anchored by defence giant Rheinmetall, boosting income and strategic portfolio.

Feyisayo Ajayi Feyisayo Ajayi