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

South Africa’s Exxaro reports $461 million earnings in 2025 as coal drives growth

Exxaro Resources Limited reports $461 million earnings in 2025 as coal output, exports and disciplined costs support growth.

Omokolade Ajayi Omokolade Ajayi

IFC Kenya2Equal initiative targets gender gaps in Kenya’s private sector

IFC launches Kenya2Equal, a three-year initiative to close gender gaps and boost women’s participation in Kenya’s private sector.

Feyisayo Ajayi Feyisayo Ajayi

10 companies owned by Nigerian businessman, Musbahu Mohammed Bashir

Musbahu Bashir built a diversified empire across telecom, finance, energy and real estate, shaping Nigeria’s economy quietly.

Feyisayo Ajayi Feyisayo Ajayi

Kenya leads Africa with first formal digital talks with EU

Kenya has moved to deepen its digital ties with the European Union, becoming the first African country to establish a formal platform for talks on technology policy and innovation. The step signals Nairobi’s intent to play a larger role in the global digital economy.  The EU–Kenya Digital Dialogue, launched this week in Nairobi, brings structure to cooperation on data rules, artificial intelligence and digital infrastructure. It also reflects a broader shift, as both sides place technology at the center of…

Oluwatosin Alao Oluwatosin Alao

Kenya banker James Mwangi leads Equity Group to $555.4 million profit in 2025

Kenya’s Equity Group reports $555.4 million profit in 2025, driven by regional diversification and strong income growth.

Feyisayo Ajayi Feyisayo Ajayi

Ovaltine to open $32 million first Africa plant in Nigeria

Ovaltine to invest $32M in Lagos plant, creating jobs and expanding exports as UK–Nigeria trade and manufacturing ties deepen.

Timilehin Adejumobi Timilehin Adejumobi

Kenya Airways, CemAir sign deal to expand South Africa routes

Kenya Airways partners with CemAir to expand South Africa routes, offering seamless connections across African destinations for travelers.

Timilehin Adejumobi Timilehin Adejumobi

Nigerian banker and lawyer Sa’adat Mohammed’s Jaiz Bank stake tops $30 million

Sa’adat Hamza Mohammed’s Jaiz Bank stake tops $30 million after a sharp rally in shares on Nigeria’s stock exchange.

Feyisayo Ajayi Feyisayo Ajayi

Antoine Delaporte’s Adenia hits $180 million first close, unveils first investment

Adenia Partners hits $180 million at the first close of its Adenia Entrepreneurial Fund I and announces its first investment.

Timilehin Adejumobi Timilehin Adejumobi