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

Woolworths names Sam Ngumeni CEO as Roy Bagattini prepares to retire in 2026

Woolworths names longtime executive Sam Ngumeni CEO as Roy Bagattini prepares to retire in 2026 after six years leading strategic turnaround.

Feyisayo Ajayi Feyisayo Ajayi

IFC backs $20 million risk-sharing deal to finance Guinea’s construction firm GPC

IFC plans $20 million risk-sharing deal with Ecobank Guinea to expand financing for construction and mining contractor GPC in Guinea market.

Feyisayo Ajayi Feyisayo Ajayi

Liquid C2, CyberCoach partner to boost cybersecurity for African businesses   

Liquid C2 partners with CyberCoach to boost cybersecurity across Africa.

Timilehin Adejumobi Timilehin Adejumobi

Growthpoint Properties reports $403 million revenue as property assets near $10 billion

Growthpoint Properties posts $406 million half-year revenue, interim dividend rises 8.5% on strong SA portfolio performance and strategic acquisitions.

Feyisayo Ajayi Feyisayo Ajayi

Egypt upgrades textile quality testing to boost garment exports

Egypt is stepping up efforts to strengthen its textile and garment exports as global demand grows for competitively priced apparel. Authorities are expanding quality testing and inspection systems to help local manufacturers meet international standards and reach more overseas buyers.  The move reflects a broader push by the government to support export-driven industries and improve confidence in Egyptian-made products. Officials say stronger quality control will help local factories compete more effectively in global supply chains.  The initiative also comes as…

Oluwatosin Alao Oluwatosin Alao

Tanzania’s first dollar billionaire, Rostam Aziz, acquires majority stake in Nation Media Group

Rostam Aziz, Tanzania’s first dollar billionaire, takes control of Nation Media Group to expand media and regional investments.

Omokolade Ajayi Omokolade Ajayi

Africa tourism gains as Egypt named Premier Partner for WTM London 2026

Africa’s tourism industry is drawing stronger global attention as the Egyptian Tourism Authority has been named Premier Partner for World Travel Market London 2026, one of the world’s largest gatherings for the travel trade.  The partnership highlights Egypt’s growing role in the international tourism market and offers another platform for the continent to present its destinations to travel companies, investors and global tour operators.  The announcement was made during a ceremony in London following the launch of Ramses and the…

Oluwatosin Alao Oluwatosin Alao

Glencore copper refinery in Australia faces possible worker strike 

Glencore’s Townsville copper refinery faces a possible worker strike as pay talks with the Australian Workers’ Union fail.

Timilehin Adejumobi Timilehin Adejumobi

Metair Investments Limited reports $1.1 billion revenue in 2025 as AutoZone drives growth

Metair Investments reports $1.1 billion revenue in 2025 as AutoZone expansion, restructuring, and stronger demand lift margins and operating performance.

Feyisayo Ajayi Feyisayo Ajayi