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

Idrissa Nassa’s Coris secures up to $100 million IFC backing for Cabo Verde bank acquisition

Coris Bank secures $100 million IFC loan to acquire 59.8% of Cabo Verde’s BCA, boosting regional banking expansion.

Feyisayo Ajayi Feyisayo Ajayi

Black billionaire Alex Karp’s Palantir secures $1 billion DHS deal 

Palantir wins a $1 billion Homeland Security contract, boosting backlog.

Timilehin Adejumobi Timilehin Adejumobi

Top 5 companies powering the Ackerman family empire

Inside the Ackerman empire: Pick n Pay, Boxer and other retail assets shaping South Africa’s consumer economy.

Feyisayo Ajayi Feyisayo Ajayi

Standard Bank raises $124.8 million to cover financial loss

Standard Bank raises $124.8 million with new FLAC notes.

Timilehin Adejumobi Timilehin Adejumobi

EAPC reshapes board after Kalahari Cement takeover

EAPC appoints two directors after Kalahari Cement’s 29.2% takeover, signaling a governance shift and turnaround push.

Feyisayo Ajayi Feyisayo Ajayi

20 richest people in Tanzania

Tanzania’s billionaires power growth as DSE market cap hits $13.07 billion amid investment surge.

Feyisayo Ajayi Feyisayo Ajayi

Japaul Gold eyes major commercial mining expansion in Nigeria

Pilot plant launch marks Japaul Gold’s step toward industrial gold production.

Timilehin Adejumobi Timilehin Adejumobi

Anglo American takes $2.3 billion De Beers hit as restructuring deepens

Anglo American books $2.3 billion De Beers writedown as restructuring deepens, with a shift toward copper and iron ore.

Omokolade Ajayi Omokolade Ajayi

South Africa’s Tsabedze family strengthens Afrirent with CFO hire, Busmark deal

Senzo Tsabedze strengthens Afrirent with a new CFO and Busmark acquisition to deepen transport manufacturing footprint.

Feyisayo Ajayi Feyisayo Ajayi