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

World Bank unveils $137 million plan to boost broadband, digital jobs in West Africa

West Africa set for digital boost with World Bank’s $137 million broadband initiative

Timilehin Adejumobi Timilehin Adejumobi

Africa’s largest insurer, Sanlam, bets on India to drive future growth

Sanlam, Africa's largest insurer, bets on India as a major growth engine, aiming to surpass South Africa in future earnings.

Omokolade Ajayi Omokolade Ajayi

SPE Capital invests in Egypt’s Orchidia to expand ophthalmic drug production

SPE Capital and development finance partners invest in Egypt’s Orchidia Pharmaceutical to expand eye-care drug production and accelerate regional exports.

Feyisayo Ajayi Feyisayo Ajayi

Nigerian billionaire Tony Elumelu backs African entrepreneurs with $100 million over 15 years

Nigerian billionaire Tony Elumelu has invested over $100 million in African startups over 15 years, supporting 24,000 entrepreneurs.

Omokolade Ajayi Omokolade Ajayi

20 world’s most important maritime chokepoints, like the Strait of Hormuz

Twenty strategic maritime chokepoints, from the Strait of Hormuz to Malacca, carry the bulk of global oil, cargo and trade flows.

Feyisayo Ajayi Feyisayo Ajayi

Historic Isandlwana Lodge in South Africa’s KZN heads to auction

One of South Africa’s best-known heritage tourism properties is heading to auction, drawing interest from investors and travelers who follow the country’s historic battlefield destinations. Isandlwana Lodge, a luxury retreat overlooking one of Africa’s most famous battle sites, will go under the hammer later this month in KwaZulu-Natal.  Set on a hillside above the historic battlefield, the lodge forms part of South Africa’s well-known Battlefields tourism route. The region attracts visitors from around the world who come to explore sites…

Oluwatosin Alao Oluwatosin Alao

South Africa’s richest man faces $2.2 billion loss amid global unrest

South Africa’s richest man, Johann Rupert, loses $2.22 billion as Richemont shares slide amid global unrest.

Omokolade Ajayi Omokolade Ajayi

Fertiglobe approves $260 million dividend payout for 2025 after strong earnings

Fertiglobe, backed by Abu Dhabi National Oil Company, approves $260 million 2025 dividends, lifting total capital returns to $334 million after strong earnings growth.

Feyisayo Ajayi Feyisayo Ajayi

Neo Energy Metals nears final approval for Beisa Mine deal with Sibanye

Neo Energy Metals nears last regulatory step to acquire the Beisa Mine from Sibanye-Stillwater

Timilehin Adejumobi Timilehin Adejumobi