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

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

Meta and xAI cut jobs as AI investment reshapes global tech workforce

The rapid expansion of artificial intelligence is beginning to reshape the global technology workforce, prompting some of the world’s biggest tech companies to rethink hiring, spending and product development.  Fresh restructuring at Meta Platforms and xAI shows how heavy investment in AI is now influencing staffing decisions across Silicon Valley and the wider tech sector.  Companies are pouring billions of dollars into AI models, data centers and specialized computing infrastructure. At the same time, executives are under pressure to control…

Oluwatosin Alao Oluwatosin Alao

Madinet Masr reports $223 million revenue, as profits nears $70 million in 2025

Madinet Masr reports $236 million revenue and $73 million profit in 2025 as strong demand for Taj City and Sarai drives sales growth and accelerates project deliveries.

Feyisayo Ajayi Feyisayo Ajayi

South African businessman Robert Gumede’s Vision Group seeks solution to Tongaat Hulett’s financial crisis

Robert Gumede’s Vision Group pursues a solution to rescue Tongaat Hulett, aiming to preserve its financial and social value.

Omokolade Ajayi Omokolade Ajayi

Beltone backs financing for Mauritania’s first gas-fired power project   

Beltone Holding is helping finance Mauritania’s first gas-fired power project.

Timilehin Adejumobi Timilehin Adejumobi

Optasia acquires Finergi for $30 million to expand Africa’s prepaid electricity credit

Optasia acquires Finergi for $30 million, expanding Africa’s prepaid electricity credit platform to serve unbanked consumers.

Feyisayo Ajayi Feyisayo Ajayi

Zimbabwean executive Ralph Mupita leads MTN to $13.5 billion revenue in 2025

MTN posts $13.5 billion revenue in 2025 as Nigeria and Ghana drive growth, while fintech expansion and rising subscribers strengthen Africa’s telecom giant.

Feyisayo Ajayi Feyisayo Ajayi