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

South Africa’s richest man, Johann Rupert, slips below $19 billion

South Africa’s richest man, Johann Rupert, chairman of Swiss luxury giant Richemont, has seen his net worth slip below the $19 billion mark, tempering earlier expectations that he could soon join the small circle of Africans worth more than $20 billion. At the start of the year, his fortune climbed as high as $19.7 billion, putting him within reach of a milestone that only Nigerian billionaire Aliko Dangote, whose net worth stands at $31.9 billion, has crossed on the continent.…

Omokolade Ajayi Omokolade Ajayi

Oando Plc plans $164 million rights issue to strengthen its capital base

Oando Plc seeks $164.4 million via rights issue to boost capital, support growth, and strengthen its position in Nigeria’s oil sector.

Feyisayo Ajayi Feyisayo Ajayi

10 most expensive countries in Africa in 2026

Africa’s 10 most expensive countries in 2026 reveal rising grocery prices, import reliance, inflation pressures and strained purchasing power.

Feyisayo Ajayi Feyisayo Ajayi

Mauritius-based MCB Group posts $315 million profit as earnings climb 15%

Mauritius-based MCB Group posts $315 million profit, up 15%, with assets exceeding $23 billion and global operations expanding.

Omokolade Ajayi Omokolade Ajayi

Africa’s 20 most valuable companies in 2026

Africa’s 20 most valuable stocks in 2026 reflect mining strength, telecom growth, and financial dominance across major exchanges.

Feyisayo Ajayi Feyisayo Ajayi

Tsogo Sun buyback tops $14 million as shares fall 33% on JSE

Tsogo Sun repurchases $14.1 million in shares amid 33% stock decline, maintaining financial stability and operational growth.

Omokolade Ajayi Omokolade Ajayi

IFC partners with Dashen Bank for $20 million SME financing in Ethiopia

IFC, Dashen Bank launch $20 million SME finance in Ethiopia, boosting agribusiness and women-led enterprise growth.

Feyisayo Ajayi Feyisayo Ajayi

Abdul Samad Rabiu becomes Africa’s third-richest as net worth hits $11 billion

Nigerian billionaire industrialist and philanthropist Abdul Samad Rabiu has reached a major milestone, becoming Africa’s third-richest person with a net worth of $11 billion. The surge, driven by a single-day gain of $560 million, comes barely three weeks after he surpassed the $10 billion mark. According to Forbes, Rabiu is now the world’s 278th richest individual, surpassing South African billionaire Nicky Oppenheimer, heir to the De Beers diamond fortune, whose net worth stands at $10.6 billion, ranking him 294th globally.…

Omokolade Ajayi Omokolade Ajayi

Calabash of champions: How FNB stadium became Africa’s global stage

From the World Cup final to mega concerts, FNB Stadium drives tourism.

Timilehin Adejumobi Timilehin Adejumobi