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

Egypt, Nissan discuss scaling production for Africa markets

Egypt is intensifying efforts to position itself as a regional automotive manufacturing hub, holding fresh talks with Nissan Motor Corporation on expanding local production and boosting vehicle exports to Africa. The discussions reflect a wider plan to strengthen domestic industry and create more jobs.  Officials say the government is working to reduce reliance on imports while encouraging global manufacturers to treat Egypt as a base for production and export. The automotive sector has been singled out as a priority, with…

Oluwatosin Alao Oluwatosin Alao

Aliko Dangote’s daughters, Halima, Fatima, Mariya, take key roles in family conglomerate

Dangote daughters assume executive roles, leading energy, cement, and international operations at Africa’s top conglomerate.

Omokolade Ajayi Omokolade Ajayi

IFC invests $208 million in Egypt to boost climate finance and MSMEs

IFC commits $208 million to Egypt for climate finance, MSME funding, healthcare expansion and supply-chain growth.

Feyisayo Ajayi Feyisayo Ajayi

Dangote Group signs $400 million XCMG deal to expand refinery  

Dangote Group signs $400M XCMG deal to expand its refinery and boost petrochemical output.

Timilehin Adejumobi Timilehin Adejumobi

South Africa fast-tracks $3 billion Durban LNG power plant

South Africa accelerates a $3 billion Durban LNG plant, combining power generation, gas pipelines, and industrial LNG supply.

Omokolade Ajayi Omokolade Ajayi

PIC boosts Famous Brands stake to 15.02% in $53 million bet

PIC raises stake in Famous Brands to $53 million, lifting holding to 15.02% as sales rise and institutional appetite grows.

Feyisayo Ajayi Feyisayo Ajayi

Patrice Motsepe steps down from ARM executive duties under new JSE rules

South African billionaire Patrice Motsepe steps down from ARM executive role, stays as chairman.

Omokolade Ajayi Omokolade Ajayi

JADEER expands Egypt footprint with new hotel Indigo

JADEER launches Hotel Indigo in Egypt’s New Capital, expanding luxury hospitality through mixed-use development partnership with IHG.

Oluwatosin Alao Oluwatosin Alao

Ninety-One increases Resilient REIT stake to $212 million

Ninety-One lifts Resilient REIT stake to $212 million, reinforcing institutional confidence in South Africa’s retail property sector.

Feyisayo Ajayi Feyisayo Ajayi