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

Malawi’s 20 richest investors and their investments

Malawi’s 15 richest investors shape banking, agriculture, telecoms and infrastructure across one of Africa’s resilient frontier markets.

Feyisayo Ajayi Feyisayo Ajayi

Nassef Sawiris crosses $10 billion as Orascom stake climbs to $475 million

Nassef Sawiris’ Orascom stake climbs to $475 million after Abu Dhabi shift, lifting his net worth above $10 billion.

Feyisayo Ajayi Feyisayo Ajayi

Kenya halts $1.8 billion Adani project at Jomo Kenyatta Airport

Kenya has canceled a proposed $1.8 billion plan to modernize Jomo Kenyatta International Airport, ending negotiations with India’s Adani Group over one of the country’s largest aviation projects.  The decision, confirmed by the Kenya Airports Authority, stops an agreement that would have expanded and upgraded the main gateway into Nairobi. The airport is a key hub for East Africa and the first stop for millions of tourists and business travelers each year.  The High Court has set May 6, 2026,…

Oluwatosin Alao Oluwatosin Alao

Over 400 Nestlé employees in South Africa face layoffs

Nestlé starts layoffs in South Africa, part of a global restructuring affecting 16,000 jobs to boost performance and efficiency.

Omokolade Ajayi Omokolade Ajayi

Egypt builds high-speed rail linking Red Sea and Mediterranean

Egypt is pressing ahead with construction of its first high-speed electric railway, a project officials say will create a direct land link between the Red Sea and the Mediterranean. Leaders have described it as a “Suez Canal on rails,” underscoring its role in trade and transport.  The government sees the line as a key part of its economic reform program, which has focused heavily on infrastructure spending. With global supply chains under strain in recent years, Cairo is betting that…

Oluwatosin Alao Oluwatosin Alao

Hassanein Hiridjee’s Axian launches fully digital finance firm in Comoros 

AXIAN launches Comoros’ first fully digital, regulated financial services.

Timilehin Adejumobi Timilehin Adejumobi

Karl Toriola-led MTN Nigeria posts $3.8 billion in revenue, returns to profitability

MTN Nigeria posts $3.8 billion revenue in 2025, reversing losses as data, fintech and FX stability drive profit rebound.

Feyisayo Ajayi Feyisayo Ajayi

Egypt’s Parkville Pharmaceuticals gets investment from Proparco, Adenia and DEG

Proparco, Adenia and DEG acquire majority stake in Egypt’s Parkville to boost local cosmeceutical manufacturing and regional expansion.

Feyisayo Ajayi Feyisayo Ajayi

South African billionaire Patrice Motsepe returns to Forbes top 1,000 richest

South African billionaire Patrice Motsepe returns to Forbes 1,000 richest after $300 million mining surge and fintech growth.

Omokolade Ajayi Omokolade Ajayi