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

Glencore seals $115 million cobalt deal as U.S. eyes supply shift from China

Glencore secures $115 million cobalt purchase for U.S. stockpile as policy shifts reduce reliance on China and tighten global supply.

Omokolade Ajayi Omokolade Ajayi

MCB secures $450 million syndicated loan in landmark GCC and India debut

Mauritius Commercial Bank closes $450 million syndicated loan, drawing strong GCC and Indian bank support.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Octodec to sell Killarney Mall for $25 million

Octodec agrees to sell Killarney Mall in Johannesburg for $25 million, reshaping its property portfolio and freeing capital.

Omokolade Ajayi Omokolade Ajayi

GoWit partners with Publicis to grow retail media across MENA and Africa

Retail media is gaining ground in the Middle East and Africa as brands look for more direct ways to reach shoppers. With e-commerce sales rising and digital ad budgets shifting toward performance channels, retailers and agencies are under pressure to prove results at the point of purchase.  That shift is prompting closer ties between global agency networks and retail-focused technology firms. Advertisers want clearer data, faster execution and measurable returns. Retailers, for their part, are seeking new income streams beyond…

Oluwatosin Alao Oluwatosin Alao

NSIA Bank Benin lands $23.6 million Proparco deal for SME Growth

NSIA Bank Benin secures $23.6 million Proparco guarantee to expand SME lending and reduce credit risk in key economic sectors.

Feyisayo Ajayi Feyisayo Ajayi

IFC backs Titan’s $70 million bond to fund sustainable cement projects in the Balkans

IFC backs Titan’s $70 million bond to expand low-carbon cement production and energy efficiency across the Western Balkans.

Feyisayo Ajayi Feyisayo Ajayi

Dangote Refinery plans 65 million liters daily petrol supply 

Dangote Refinery targets 65 million liters daily, exceeding Nigeria’s petrol demand.

Timilehin Adejumobi Timilehin Adejumobi

Super Group posts $1.43 billion H1 2026 revenue despite UK headwinds

Super Group posts $1.43 billion H1 2026 revenue as supply chain and dealerships lift earnings, despite UK headwinds.

Feyisayo Ajayi Feyisayo Ajayi

WeBuyCars holds off on new vehicle sales despite market growth

WeBuyCars focuses on used vehicles despite South Africa’s new car sales surge, prioritizing systems and customer experience.

Omokolade Ajayi Omokolade Ajayi