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

Saudi billionaire-backed Breadfast targets Egypt grocery dominance

Breadfast secures $50 million from Mubadala and a Saudi billionaire family to accelerate Egypt e-commerce expansion.

Feyisayo Ajayi Feyisayo Ajayi

Aliko Dangote’s cement business hauls in $3.2 billion revenue in 2025

Dangote Cement posts $3.16 billion revenue in 2025, with record profit $745.5 million, driven by Nigeria, efficiency, and Pan-African growth

Feyisayo Ajayi Feyisayo Ajayi

MTN Nigeria pays $429.7 million to Nigeria’s federal government as tax in 2025

MTN Nigeria posts $429.7 million tax bill in 2025 as new tax law drives higher levies despite profit rebound.

Feyisayo Ajayi Feyisayo Ajayi

How a low-profile Nigerian brewer is quietly building a cross-border African beverage empire

Champion Breweries acquires Bullet portfolio for $29.4 million, expanding into 14 African markets and high-growth Ready-to-drink categories.

Feyisayo Ajayi Feyisayo Ajayi

Morocco’s Fondation Arrawaj gets $15 million IFC microloan

IFC proposes $15 million loan to Morocco’s Arrawaj, boosting microenterprise lending and financial inclusion for MSMEs and women-owned businesses.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s B Investments moves to acquire controlling stake in Brown Nose Coffee

B Investments plans phased deal to secure majority stake in Brown Nose Coffee, deepening exposure to Egypt’s fast-growing consumer sector.

Feyisayo Ajayi Feyisayo Ajayi

Korea South Power Consortium plans $10 billion AI data center in South Africa 

South Africa could host a $10 billion South Korean AI data centre in Durban

Timilehin Adejumobi Timilehin Adejumobi

Dangote Cement signs $1 billion expansion deal to boost African production

Dangote Cement signs $1 billion deal to expand production across seven African countries, boosting capacity to 80M tonnes by 2030.

Feyisayo Ajayi Feyisayo Ajayi

Shoprite, Choppies exits foreshadow turmoil as OK Zimbabwe enters corporate rescue

OK Zimbabwe enters corporate rescue after mounting liquidity strain, echoing Choppies and Shoprite exits.

Feyisayo Ajayi Feyisayo Ajayi