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

Remgro sells $300 million FirstRand stake as it exits non-core investment

Remgro sells R4.88 billion ($300 million) FirstRand shares, continuing its strategic exit from the banking giant after the 2020 RMB Holdings unbundling.

Feyisayo Ajayi Feyisayo Ajayi

20 largest listed agribusiness firms in Africa

Africa’s 20 largest listed agribusiness firms power food production, fertilizers, poultry, plantations and exports across major regional markets.

Feyisayo Ajayi Feyisayo Ajayi

Vodacom opens 2026 SDG Innovation Accelerator for African innovators

Africa’s push to grow home-grown technology solutions is drawing stronger support from major companies investing in young talent and new ideas. Telecommunications operator Vodacom Group is the latest to deepen that effort with the launch of the 2026 SDG Innovation Accelerator, a program aimed at helping professionals develop practical solutions to social and economic challenges.  The initiative is part of a partnership with the United Nations Global Compact and was officially opened at Vodacom World. The new cohort brings together…

Oluwatosin Alao Oluwatosin Alao

South African businessman Desmond de Beer to receive $6.3 million from Lighthouse

South African businessman Desmond de Beer will receive $6.3 million after Lighthouse Properties declared a €30.24 million ($35.2 million) interim dividend payout.

Feyisayo Ajayi Feyisayo Ajayi

Hyprop top executives forfeit shares after Hyde Park Corner sale collapses

Hyprop executives repay incentives and forfeit shares after failed sale of 50% stake in Johannesburg’s Hyde Park Corner mall collapses.

Feyisayo Ajayi Feyisayo Ajayi

Southern Sun’s $45 million Sandton acquisition falls through 

Southern Sun’s $45 million Sandton deal halted after Pareto blocks purchase of prime Johannesburg properties.

Timilehin Adejumobi Timilehin Adejumobi

South Africa’s economy grows fastest in three years amid reforms

South Africa’s GDP grew 1.1 percent in 2025, its fastest pace in three years, driven by agriculture, trade, and finance sectors.

Omokolade Ajayi Omokolade Ajayi

Glencore considers ASX listing after Rio Tinto talks collapse  

Glencore is considering an ASX listing after Rio Tinto merger talks collapsed, aiming to expand its global investor base.

Timilehin Adejumobi Timilehin Adejumobi

Absa, South Africa’s third-biggest lender, boosts headline earnings to $1.52 billion

Absa’s headline earnings rise 12% to $1.52 billion, driven by stronger client activity and higher non-interest income.

Omokolade Ajayi Omokolade Ajayi