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

Aliko Dangote eyes new business in Burundi    

Aliko Dangote considers multi-sector investments in Burundi, including mining, energy, agriculture, and infrastructure.

Timilehin Adejumobi Timilehin Adejumobi

20 Kenyan firms and the multi-millionaire women behind them

Kenya’s top women entrepreneurs are reshaping banking, manufacturing, healthcare and energy with scalable, impact-driven firms.

Feyisayo Ajayi Feyisayo Ajayi

Dangote Petroleum Refinery lowers petrol prices by 3% despite global oil squeeze

Dangote Petroleum Refinery cuts petrol prices by 3 percent to N774 per liter, undercutting imports amid global supply tensions.

Omokolade Ajayi Omokolade Ajayi

Nigerian oil tycoon Mohammed Indimi gains $35 million from Jaiz Bank shares in 40 days

Mohammed Indimi’s Jaiz Bank stake gained over $35 million in 40 days as shares surged nearly 80% on the Nigerian Exchange in 2026.

Feyisayo Ajayi Feyisayo Ajayi

Hyprop sells half of Woodlands Boulevard for $49.6 million, keeps stake for future growth

Hyprop sells half of Woodlands Boulevard for $49.6 million while keeping a 50% stake to support future growth.

Omokolade Ajayi Omokolade Ajayi

Why family offices are investing in Africa’s luxury resorts

Family offices are turning to Africa’s luxury resorts as tourism recovers and demand shifts toward exclusive experiences.

Timilehin Adejumobi Timilehin Adejumobi

Abdul Samad Rabiu’s son, Khalifa, takes leadership role at BUA Foods

Khalifa Rabiu joins BUA Foods as Chief Officer, driving global procurement, supply chain efficiency, and growth for Nigeria’s $10.6 billion company.

Omokolade Ajayi Omokolade Ajayi

Harith strikes FlySafair deal two years after SAA talks collapsed

Harith General Partners acquires South Africa's FlySafair, returning to aviation after SAA talks collapsed.

Omokolade Ajayi Omokolade Ajayi

Nedbank–NCBA deal puts Kenyatta’s multimillion-dollar stake on the line

Nedbank’s $856 million NCBA buyout threatens Mama Ngina Kenyatta’s $151 million stake amid East Africa banking shakeup.

Feyisayo Ajayi Feyisayo Ajayi