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

Nigeria’s Zenith Bank opens new branch in Manchester, expanding UK presence

Zenith Bank deepens UK presence with a Manchester branch aimed at growing cross-border trade and investment flows.

Timilehin Adejumobi Timilehin Adejumobi

Kenya launches auction of Cytonn asset linked to Edwin Dande to recover $85 million for investors

Kenya auctions Cytonn real estate linked to Edwin Dande to recover $85 million, aiming to repay investors and restore confidence in structured investments.

Feyisayo Ajayi Feyisayo Ajayi

Labat Africa’s Ahnamu inks global tech supply deal with Dubai’s Shafi Inc

Labat Africa’s Ahnamu signs global AI tech supply deal with Dubai’s Shafi Inc, expanding Africa’s computing and ICT footprint.

Feyisayo Ajayi Feyisayo Ajayi

IFC backs trade finance facility to boost Angola’s SMEs and supply chains

IFC has launched trade finance facility to support Angolan businesses, particularly small and medium enterprises (SMEs), strengthening cross-border trade

Feyisayo Ajayi Feyisayo Ajayi

Nigeria’s inflation eases to 15.06% in February but monthly pressures rise

Nigeria’s inflation eased to 15.06% in February, but monthly price pressures intensified for households.

Omokolade Ajayi Omokolade Ajayi

Shoprite enters community banking through R&A Cellular acquisition

Shoprite acquires R&A Cellular to expand digital payments and financial services through local spaza shops.

Omokolade Ajayi Omokolade Ajayi

Temasek eyes investment in Tanzania tech, infrastructure, energy 

Temasek explores investments in Tanzania’s tech, energy, infrastructure, and agriculture sectors.

Timilehin Adejumobi Timilehin Adejumobi

Cameroon prepares for 2026 International Tourism Fair to boost Africa travel ties

Cameroon is preparing to host the 2026 edition of the Cameroon International Tourism Fair, an event aimed at raising the country’s profile in the global travel market and strengthening tourism partnerships across Africa.  The three-day gathering, scheduled for March 19 to 21 in the coastal city of Limbe, is expected to bring together tour operators, travel companies, investors and tourism officials from across the continent and beyond. Organizers say the fair has steadily grown into an important meeting point for…

Oluwatosin Alao Oluwatosin Alao

South African billionaire Koos Bekker loses $400 million in two months

South African billionaire Koos Bekker loses $400 million as Naspers and Prosus shares fall amid global market pressures.

Omokolade Ajayi Omokolade Ajayi