Sim Tshabalala, CEO of Standard Bank Group.
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Sim Tshabalala’s career in 7 defining chapters as Standard Bank CEO ahead of 2027 retirement

Sim Tshabalala’s rise from lawyer to Standard Bank CEO highlights expansion, earnings growth, and milestones ahead of his 2027 retirement.

Feyisayo Ajayi Feyisayo Ajayi
BusinessHot News

Egypt’s Edita moves to raise $20 million to fund expansion

Edita plans $20 million capital increase to fund expansion, boosting financial flexibility and supporting long-term growth strategy.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s 10 richest billionaires in July 2026
BillionairesBusinessExclusiveHot News

10 richest African billionaires in July 2026

As fortunes shifted and rankings tightened, Shore.Africa analyzed the latest Forbes data to reveal Africa’s 10 richest billionaires and how…

Omokolade Ajayi Omokolade Ajayi
Hot NewsBusiness

Nigeria’s crude oil output hits 6-year high at 1.56M bpd, beats OPEC quota

The increase marked the fourth straight month of production growth. June's crude output was the country's highest since April 2020,…

Omokolade Ajayi Omokolade Ajayi
Hacienda Ras El Hekma
Hot NewsTourism

Egypt’s Palm Hills bets big on Hacienda Ras El Hekma as flagship project

Egypt's Palm Hills positions Hacienda Ras El Hekma as a flagship coastal city, advancing Egypt’s shift toward year-round tourism and…

Feyisayo Ajayi Feyisayo Ajayi
5 African innovators
BusinessHot News

5 African innovators quietly echoing the genius of Thomas Edison

African innovators echo Edison’s genius, turning constraint into scalable solutions across healthcare, fintech, and energy systems.

Feyisayo Ajayi Feyisayo Ajayi
African Mining Tycoons
BusinessBillionairesHot News

African mining tycoons with fortunes exceeding $10 billion

Africa currently has two mining billionaires worth over $10 billion in 2026, reflecting structural shifts reshaping wealth creation across the…

Feyisayo Ajayi Feyisayo Ajayi
Ivan Glasenberg Glencore
Hot NewsBillionairesBusiness

South African billionaire Ivan Glasenberg gains $1.6 billion as his Glencore stake hits $8.4 billion 

Ivan Glasenberg’s Glencore stake jumps $1.6 billion in 2026, driven by rising copper prices and renewed investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
Sadio Mane
SportsHot News

Senegal celebrates Sadio Mané’s retirement as billionaire Cristiano Ronaldo targets 1,000 goals

Senegal celebrates Sadio Mané’s retirement after World Cup exit, as Cristiano Ronaldo continues pursuit of 1,000 career goals.

Feyisayo Ajayi Feyisayo Ajayi
Africa’s largest agribusiness companies
BusinessHot News

Abu Qir Fertilizers sheds $229.4 million in 4 months on EGX

Abu Qir Fertilizers sheds $229 million in market value in four months as investors weigh gas risks, currency volatility, and…

Feyisayo Ajayi Feyisayo Ajayi
Renaissance Africa Energy_ Tony Attah
BusinessHot News

Renaissance Africa Energy makes major oil discovery in Nigeria’s OML 74

Renaissance Africa Energy confirms major OML 74 oil discovery in Nigeria, with JK-004 well revealing high-quality reservoirs and strong commercial…

Feyisayo Ajayi Feyisayo Ajayi
African banks with most branches
BusinessHot News

Standard Bank wins renminbi clearing mandate, taps $300 billion Africa-China trade flows

Standard Bank gains renminbi clearing status, unlocking direct access to a $300 billion Africa-China trade corridor and boosting payment efficiency.

Feyisayo Ajayi Feyisayo Ajayi
Gagan Gupta
BusinessHot News

Gagan Gupta: Indian industrialist reshaping Africa’s business landscape

Gagan Gupta is reshaping Africa’s industrial landscape through integrated SEZs, boosting local manufacturing and value-added exports.

Feyisayo Ajayi Feyisayo Ajayi
MCB CrossBoundary Energy investment
BusinessHot News

MCB expands sustainable finance facility to $531 million to drive green growth

MCB expands sustainable finance facility to MUR25 billion ($531 million), boosting green investments and supporting low-carbon growth across Mauritius and…

Feyisayo Ajayi Feyisayo Ajayi
German billionaire Clemens Tönnies
BusinessHot News

German billionaire Clemens Tönnies’ Namibia meat processing plan stalls amid supply, regulatory hurdles

German billionaire Clemens Tönnies’ Namibia meat processing plan stalled amid supply gaps, strict export rules, and entrenched industry players.

Feyisayo Ajayi Feyisayo Ajayi
Patrice Motsepe's ARC
BusinessHot News

South Africa’s ARC defeats US firm in $194 million graphite dispute

ARC secures court win in $194M graphite dispute as South African judges rule it never signed contested confidentiality agreement.

Feyisayo Ajayi Feyisayo Ajayi
Mary Wambui
BusinessHot NewsLuxury

Kenyan businesswoman Mary Wambui loses bid as Equity Bank moves to seize Glee Hotel over $70 million debt

Mary Wambui loses bid to stop Equity Bank’s Glee Hotel takeover as court backs lender in $70 million debt dispute,…

Feyisayo Ajayi Feyisayo Ajayi
King Mswati III
BusinessHot News

King Mswati III: Absolute monarch at the center of Eswatini’s corporate empire

King Mswati III anchors Eswatini’s corporate empire through Tibiyo, a sovereign fund dominating key sectors and shaping the kingdom’s economy.

Feyisayo Ajayi Feyisayo Ajayi
Huatong Group
BusinessHot News

Huatong Group to get $60 million IFC loan to expand cable manufacturing in Africa

IFC plans $60 million loan for Huatong to expand cable production in Tanzania and Cameroon, boosting Africa’s power infrastructure.

Feyisayo Ajayi Feyisayo Ajayi
Rupert Bryants
Hot NewsBusiness

Rupert Bryant: Self-taught entrepreneur behind one of South Africa’s early internet success stories

Rupert Bryant, a self-taught entrepreneur, helped scale Webafrica into a leading South African ISP, shaping early internet infrastructure and growth.

Feyisayo Ajayi Feyisayo Ajayi
Nigeria’s oil sector and the third-quarter shock
Hot NewsExclusive

Nigeria’s oil sector and the third quarter shock

Nigeria’s oil firms face steep Q3 losses as forex volatility, weak demand, and poor policy strain the energy sector.

Afine Investments half-year profit
BusinessHot News

Afine Investments posts half-year profit of $1.4 million as portfolio expands

Afine Investments lifts half-year profit on rising rental income from fuel-station assets as its South African property portfolio expands.

Purple Group Limited CEO Charles Savage
BusinessTechnology

South Africa’s Purple Group acquires Australian firm in $10.6 million deal

Purple Group AI acquisition of Telescope AI strengthens fintech growth with artificial intelligence investment solutions worldwide.

Timilehin Adejumobi Timilehin Adejumobi
Raxio surpasses $380 million in committed capital as Africa data demand grows
TechnologyBusiness

Raxio surpasses $380 million in committed capital as Africa data demand grows

Raxio Group raises committed capital above $380 million as Africa’s data center market expands with growing AI, cloud and digital demand.

Oluwatosin Alao Oluwatosin Alao
Etihad widens Africa reach with Fastjet Zimbabwe partnership
Global NewsBusiness

Etihad widens Africa reach with Fastjet Zimbabwe partnership

Etihad Airways partners with Fastjet Zimbabwe to expand southern Africa connectivity ahead of its Harare launch, offering seamless single-ticket travel.

Oluwatosin Alao Oluwatosin Alao
Sim Tshabalala, CEO of Standard Bank Group.
Hot NewsBusiness

Sim Tshabalala’s career in 7 defining chapters as Standard Bank CEO ahead of 2027 retirement

Sim Tshabalala’s rise from lawyer to Standard Bank CEO highlights expansion, earnings growth, and milestones ahead of his 2027 retirement.

Feyisayo Ajayi Feyisayo Ajayi
Nasan-Energ
BusinessHot News

Nasan Energies expands in Namibia with $50 million fuel station deal

Nasan Energies fuel stations deal expands Namibia’s energy sector after acquiring 52 Engen and Shell stations in a $50 million deal.

Timilehin Adejumobi Timilehin Adejumobi
NNPC plans Africa energy expansion
BusinessHot News

NNPC plans Africa energy expansion as power demand rises

NNPC plans to expand its role across Africa's energy sector, pursuing new investment, gas development and partnerships as electricity demand continues to rise.

Oluwatosin Alao Oluwatosin Alao
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