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.

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

Lloyds Metals cleared to restart Papua New Guinea copper mine after 40 years

Lloyds Metals wins approval to prepare for the restart of Papua New Guinea’s Panguna copper mine, closed for nearly 40…

Oluwatosin Alao Oluwatosin Alao

Rwanda secures $250 million IMF credit facility to bolster growth

Rwanda secures a $250 million IMF credit facility to support growth and cushion the economy against global shocks.

Oluwatosin Alao Oluwatosin Alao
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Kropz restructures South Africa phosphate operation amid Middle East pressure

Kropz is restructuring its South African phosphate operation after weak prices and rising costs pushed Elandsfontein deeper into financial pressure.

Oluwatosin Alao Oluwatosin Alao

MTN tests investor appetite as IHS Towers deal raises funding needs

MTN Group is testing investor appetite as it prepares to fund its $2.2 billion purchase of IHS Towers shares and weighs new debt options.

Oluwatosin Alao Oluwatosin Alao

Morocco’s $500 million stadium targets 2030 World Cup final, world’s biggest

Morocco is building a $500 million stadium near Casablanca that could host the 2030 World Cup final and become the world’s largest football venue.

Feyisayo Ajayi Feyisayo Ajayi

Côte d’Ivoire taps Mistral AI in $2.3 billion push to expand AI

Côte d’Ivoire partners with Mistral AI as it advances a $2.3 billion national AI strategy across agriculture, health and public services.

Oluwatosin Alao Oluwatosin Alao

China’s Zoomlion targets Mozambique’s farm market with machinery push

China’s Zoomlion is targeting Mozambique’s farm machinery market as it seeks local partnerships and more affordable equipment for farmers.

Oluwatosin Alao Oluwatosin Alao

German business delegation eyes investment opportunities in Mozambique

German companies explore investment opportunities in Mozambique as a delegation visits Beluluane Industrial Park and meets local businesses.

Oluwatosin Alao Oluwatosin Alao

Tanzania, Serbia deepen economic ties with new strategic partnership

Tanzania and Serbia agree to establish a Joint Economic Commission to boost trade, investment, aviation and business ties across key sectors.

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Egypt faces rising wheat costs as black sea conflict disrupts supplies

Egypt’s wheat market is facing a fresh test as attacks on Black Sea ports, ships and grain facilities disrupt trade and raise the cost of supplies. For a country that relies heavily on imported wheat, the latest disruption could quickly become a problem for importers, consumers and government finances.  More than 82% of Egypt’s wheat imports in the first half of 2026 came from Russia and Ukraine, leaving the country particularly exposed to shipping delays and tighter supplies.  The timing…

Oluwatosin Alao Oluwatosin Alao

Abidjan looks to China to expand Côte d’Ivoire’s cotton-to-textile industry

Côte d’Ivoire seeks Chinese investment, technology and expertise to expand local cotton processing and build its textile and apparel industry.

Oluwatosin Alao Oluwatosin Alao