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

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

AAIB supports AI-powered cancer treatment in Upper Egypt

Arab African International Bank is expanding its support for Egypt’s healthcare system after signing on to help bring an integrated artificial intelligence-powered radiotherapy system to Upper Egypt, a move aimed at improving access to advanced cancer treatment in the region. The Cairo-based lender signed an agreement with Siemens Healthineers to supply Assiut University Hospitals with a comprehensive oncology platform that combines AI-driven treatment planning and precision radiation delivery. The bank said it is the first private lender in Egypt to…

Oluwatosin Alao Oluwatosin Alao

10 investment opportunities in Morocco’s Boutique hotels

Morocco’s tourism surge drives boutique hotel investment growth.

Timilehin Adejumobi Timilehin Adejumobi

Santam enters India’s IFSC with GIFT City reinsurance branch 

Santam opens reinsurance office in India’s GIFT City.

Timilehin Adejumobi Timilehin Adejumobi

Dembesh Hotel relaunch highlights South Sudan’s resilience

The reopening of Dembesh Hotel in Juba offers a rare piece of good news for South Sudan’s private sector. In a country still grappling with conflict, food insecurity and regulatory uncertainty, the return of one of the capital’s oldest hotels signals cautious business confidence.  For years, investors have viewed South Sudan as a high-risk frontier market with limited infrastructure and uneven policy enforcement. Yet demand for quality accommodation in Juba has remained steady, driven by development agencies, humanitarian groups and…

Oluwatosin Alao Oluwatosin Alao

PIC, Africa’s largest asset manager, set for $46 million Sibanye-Stillwater dividend

PIC eyes $46 million Sibanye dividend after miner declares $213 million payout on earnings rebound and strong metal prices.

Feyisayo Ajayi Feyisayo Ajayi

South Africa’s Transnet opens bids for Richards Bay Terminal deal

Transnet launches bids to boost Richards Bay commodity throughput.

Timilehin Adejumobi Timilehin Adejumobi

Northam raises $124 million credit line amid renewable energy push

Northam Platinum raises credit line by $124 million to boost renewable energy projects, cut emissions, and secure long-term power supply.

Feyisayo Ajayi Feyisayo Ajayi

UAE’s Mubadala Energy acquires 15% stake in Egypt’s Nargis offshore field

Mubadala Energy buys 15 percent of Egypt’s Nargis offshore field, strengthening its gas presence in the Eastern Mediterranean.

Omokolade Ajayi Omokolade Ajayi