Global News

Explore global developments shaping Africa’s future. From international diplomacy to worldwide economic trends, Shore Africa connects global events to their impact on the continent.

Our Global News coverage highlights key international stories, policy shifts, and cross-border developments that influence Africa’s economies, industries, and people.

Africa electrification Mission 300
BusinessGlobal NewsHot News

World Bank, AfDB, Rockefeller launch Mission 300 council to drive Africa’s $300m electrification push

World Bank, AfDB and Rockefeller launch Mission 300 council to mobilize private capital and expand electricity access to 300 million…

Feyisayo Ajayi Feyisayo Ajayi
Kenya floods strand Syokimau commuters, squeeze household incomes
Global NewsHot News

Kenya floods choke Syokimau, leaving commuters stranded and livelihoods under pressure

Heavy rains in Kenya flood Syokimau, stranding commuters, disrupting transport and putting pressure on household incomes.

Oluwatosin Alao Oluwatosin Alao
IFC Banco Industrial $850 million financing
Global NewsHot News

IFC backs Banco Industrial with $850 million to boost Guatemala’s banking sector

IFC plans $850 million financing for Banco Industrial to strengthen Guatemala’s banking sector and deepen capital markets.

Feyisayo Ajayi Feyisayo Ajayi
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Amadou Diallo, Senegalese executive and CEO of Aramex.
Amadou Diallo

Senegalese executive Amadou Diallo named CEO of logistics giant Aramex

Amadou Diallo takes over as Aramex CEO as the $1.73 billion logistics group seeks steadier earnings and growth.

Omokolade Ajayi Omokolade Ajayi
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Ivan Glasenberg Glencore dividend
Featured

South African billionaire Ivan Glasenberg to pocket $207 million from Glencore dividend payout

Glencore’s $2.24 billion dividend hands Ivan Glasenberg a $207.3 million payout, underscoring strong returns despite mixed earnings.

Feyisayo Ajayi Feyisayo Ajayi
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Zimbabwe plans gradual shift from U.S. dollar to ZiG to restore trust
Africa economy

Zimbabwe moves to reduce reliance on U.S. dollar amid currency shift

Zimbabwe is stepping up efforts to ease its dependence on the U.S. dollar, part of a broader plan to restore confidence in its local currency and steady the economy after years of instability. The push reflects growing concern among policymakers that dollarisation has weakened the country’s ability to manage inflation and guide economic policy.  For more than a decade, the U.S. dollar has dominated daily transactions, shaping how businesses price goods and how consumers spend. While it brought short-term stability,…

Oluwatosin Alao Oluwatosin Alao
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global inflation 2026
Featured

Global inflation surge in 2026 halts rate cuts, raises risk of new hikes

Global commodity shock fuels new inflation risks, forcing central banks to pause rate cuts as households brace for rising costs.

Feyisayo Ajayi Feyisayo Ajayi
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IFC TBC Leasing $40 million loan
Featured

IFC targets Georgia leasing sector with $40 million MSME loan after 20 years

IFC eyes $40 million loan to TBC Leasing, targeting MSME growth and rural financing gaps in Georgia’s evolving leasing sector.

Feyisayo Ajayi Feyisayo Ajayi
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Central Bank of Kenya

Kenya plans $500 million debut green bond as Iran war shakes economy

Kenya plans a $500 million green bond with World Bank support as oil price shocks and global tensions pressure its economy and financing.

Omokolade Ajayi Omokolade Ajayi
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Featured

UK, IFC sign $3.1 million deal to expand agribusiness financing in DR Congo

UK and IFC have signed a $3.1 million deal to expand agribusiness financing in DR Congo, boosting credit access for farmers and SMEs sector.

Feyisayo Ajayi Feyisayo Ajayi
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IFC Nitron fertilizer trade finance
Featured

IFC weighs $30 million trade finance backing for Nitron to boost global fertilizer flows

IFC weighs $30 million backing for Nitron trade facility to boost fertilizer supply chains, food security, and agricultural resilience.

Feyisayo Ajayi Feyisayo Ajayi
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12th German-South African Bi National Commission
Climate finance

Germany backs South Africa with $235 million climate loan, minerals deal

Germany backs South Africa with a $235 million climate loan, boosting renewables and critical minerals amid U.S. tensions.

Timilehin Adejumobi Timilehin Adejumobi
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