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

CIC Group raises $14 million from Kenya land sales, boosting liquidity

CIC Group raises $13 million from Tatu City, Kajiado land sales, boosting liquidity and strengthening balance sheet resilience.

Feyisayo Ajayi Feyisayo Ajayi

Foreign investors targeted for $2B Kenya Airways rescue as Ethiopian Airlines posts $4.4B revenue

Kenya Airways plans $2 billion investment; Ethiopian Airlines reports $4.4 billion revenue, growing passenger and cargo operations.

Omokolade Ajayi Omokolade Ajayi

Dangote Refinery attains full capacity, targets 75 million liters daily

Dangote Refinery hits 650,000 barrels per day and targets 75 million liters daily, strengthening Nigeria’s fuel supply and energy security.

Omokolade Ajayi Omokolade Ajayi

15 biggest retailers in Zimbabwe

Zimbabwe’s biggest retailers anchor urban commerce despite currency shocks, inflation spikes and shifting consumer demand.

Feyisayo Ajayi Feyisayo Ajayi

Top 15 most valuable health care and pharmaceutical companies on Egyptian Exchange

Egypt’s 15 most valuable healthcare and pharmaceutical stocks on the Egyptian Exchange, ranked by market value.

Feyisayo Ajayi Feyisayo Ajayi

Top 15 brokerage firms by value traded on Egyptian Exchange

Top 15 brokers drive Egypt’s trading surge, executing EGP12.5 billion as retail and foreign investors reshape the Egyptian Exchange.

Feyisayo Ajayi Feyisayo Ajayi

Capitec edges FirstRand to become Africa’s most valuable bank as earnings seen up to 25%

Capitec Bank becomes Africa’s top bank as shares rise and earnings are expected to jump 25 percent.

Omokolade Ajayi Omokolade Ajayi

Ethiopian Airlines, Africa’s largest carrier, posts $4.4 billion revenue in H1 2026

Africa’s largest carrier reports $4.4 billion revenue in H1 2026, with strong passenger and cargo growth despite operational challenges.

Omokolade Ajayi Omokolade Ajayi

Beltone expands global reach with $235 million Baobab acquisition

Egyptian Beltone buys Baobab, expanding tech-driven financial services continentwide.

Timilehin Adejumobi Timilehin Adejumobi