Hot News

Stay ahead with the latest breaking news across Africa. Shore Africa brings you real-time updates on the most important developments shaping the continent—from politics and business to culture and global affairs.

Our Hot News category delivers fast, accurate, and insightful coverage of trending stories across Africa. Whether it’s major economic shifts, leadership changes, or global events impacting African nations, we keep you informed as events unfold.

Latest Hot News News
Zimbabwe outbound travel to South Africa
Featured

Zimbabwe’s economic crisis fuels record travel to South Africa

Zimbabwe’s outbound trips to South Africa in 2024 underscore currency instability, inflation and weakening investor confidence.

Feyisayo Ajayi Feyisayo Ajayi
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Cabinda phosphate fertilizer project site, Angola
African agriculture investment

Minbos Resources lands $16 million IDC funding for Angola fertilizer project

Minbos Resources gets a $16 million loan from IDC to fund Angola’s Cabinda fertilizer expansion.

Timilehin Adejumobi Timilehin Adejumobi
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Aliko Dangote, Africa’s richest man
Dangote Cement 2025 tax payment

Dangote Cement pays $380 million in taxes in 2025

Dangote Cement paid $380 million in 2025 taxes as profit topped $730 million and revenue surged 20%, underscoring record earnings.

Feyisayo Ajayi Feyisayo Ajayi
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Nigerian billionaire Abdul Samad Rabiu
Abdul Samad Rabiu

Nigerian billionaire Abdul Samad Rabiu to pocket $237 million dividend from BUA Cement

Nigerian billionaire Abdul Samad Rabiu to receive $237 million from BUA Cement after a 379% profit surge in 2025.

Omokolade Ajayi Omokolade Ajayi
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Oriental Weavers 2025 profit
Egypt carpet manufacturer profits

Egypt’s Oriental Weavers posts $45 million in profits in 2025

Oriental Weavers posts $45 million profit in 2025 as revenue rises 10% despite margin pressures.

Feyisayo Ajayi Feyisayo Ajayi
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Prudential ICEA Lion stake sale
East Africa financial services

Prudential sells 24.1% ICEA portfolio acquired from Ndegwa family in 2021

Prudential will exit ICEA Lion, selling its 24.1% stake acquired in a $18.6 million Ndegwa family deal, pending approvals.

Feyisayo Ajayi Feyisayo Ajayi
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MTN Group logo, representing the pan-African telecom operator.
Featured

MTN Group forecasts massive rebound after MTN Nigeria posts $820 million profit

MTN Group expects earnings rebound as MTN Nigeria reports $820 million profit and free cash flow jumps 215 percent.

Omokolade Ajayi Omokolade Ajayi
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Breadfast $50 million funding
Breadfast $50 million funding

Saudi billionaire-backed Breadfast targets Egypt grocery dominance

Breadfast secures $50 million from Mubadala and a Saudi billionaire family to accelerate Egypt e-commerce expansion.

Feyisayo Ajayi Feyisayo Ajayi
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Aliko Dangote, Africa’s richest man
Aliko Dangote African business

Aliko Dangote’s cement business hauls in $3.2 billion revenue in 2025

Dangote Cement posts $3.16 billion revenue in 2025, with record profit $745.5 million, driven by Nigeria, efficiency, and Pan-African growth

Feyisayo Ajayi Feyisayo Ajayi
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