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

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

Brait raises $63 million from Premier Group share sale, trims stake to 24.3%

Brait raises $63 million selling Premier shares, cuts stake to 24.3%, boosting liquidity and portfolio flexibility.

Feyisayo Ajayi Feyisayo Ajayi

AfDB and AU urge visa-free travel across Africa to boost trade and tourism

Economic growth across Africa continues to be slowed by one simple but persistent obstacle: restricted movement. At a recent High-Level Symposium on Advancing a Visa-Free Africa for Economic Prosperity, leaders from the African Development Bank Group and the African Union Commission called on countries to make visa-free travel a priority. They said easing movement would unlock trade, boost tourism, and encourage investment across the continent.  The African Continental Free Trade Area, which aims to integrate markets across Africa, has long…

Oluwatosin Alao Oluwatosin Alao

Del Monte Kenya adds $4 million solar-powered IQF line to boost exports

Del Monte Kenya launches $4 million IQF line, boosting frozen fruit exports, smallholder sourcing and solar-powered processing.

Feyisayo Ajayi Feyisayo Ajayi

Spar faces investor exit after $250 million value loss in a week

South Africa’s retail sector is under renewed strain after Spar Group lost about $250 million in market value in a week, sending its shares to a 16-year low and unsettling investors on the Johannesburg Stock Exchange.  The sharp decline follows a wave of selling that has erased nearly a quarter of the grocery retailer’s market capitalization since last Friday. The drop has raised fresh questions about leadership stability, earnings pressure and store-level performance at one of the country’s largest food…

Oluwatosin Alao Oluwatosin Alao

South African billionaire Zak Calisto eyes insurance with King Price stake

South African billionaire Zak Calisto, is set to acquire a stake in insurance firm King Price.

Timilehin Adejumobi Timilehin Adejumobi

Seplat Energy posts $2.73 billion revenue in 2025 on output boost

Seplat Energy reports $2.73 billion revenue in 2025 as offshore and onshore output drive a 144% jump.

Omokolade Ajayi Omokolade Ajayi

Africa could add $17 billion, 3.3 million jobs by doubling seafood production

Doubling Africa’s seafood production could add $17 billion to GDP and create 3.3 million jobs, boosting the continent’s food sector.

Omokolade Ajayi Omokolade Ajayi