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.

Latest Global News News

De Beers commits $75 million to Botswana’s economic diversification fund

De Beers commits $75 million to Botswana’s diversification fund as the country seeks new industries, jobs and growth beyond diamonds.

Oluwatosin Alao Oluwatosin Alao

Sierra Leone targets global trade with new 50-ship fleet plan

Sierra Leone launches a Chinese-backed shipping venture targeting a 50-vessel fleet to capture more revenue from imports and exports.

Oluwatosin Alao Oluwatosin Alao

Burkinabè financier Simon Tiemtoré expands into Europe with $56 million Vista Bank launch

Vista Group launches Vista Bank France with $56 million in capital, expanding cross-border banking, trade finance and payment services between Africa and Europe.

Feyisayo Ajayi Feyisayo Ajayi

Transnet signs $401.7 million locomotive deal to boost South Africa’s rail network

Transnet’s $401.7 million Wabtec deal targets locomotive reliability as South Africa opens its freight rail network to private operators.

Oluwatosin Alao Oluwatosin Alao

IMF warns African economies as rising energy prices threaten inflation fight

The IMF warns African economies that rising energy prices and high global interest rates could increase debt costs and prolong inflation pressures in 2026.

Oluwatosin Alao Oluwatosin Alao

Ecobank joins Africa’s yuan-clearing race 102 days after Standard Bank

Ecobank has signed a CIPS agreement to expand yuan payment services across Africa, following Standard Bank’s entry into renminbi clearing.

Feyisayo Ajayi Feyisayo Ajayi

World Bank plans debt relief deals to ease pressure on African economies

The World Bank is preparing 15 debt refinancing deals to cut borrowing costs and free up funds for African schools, healthcare and infrastructure.

Oluwatosin Alao Oluwatosin Alao

Ethiopia launches gold refinery with capacity to process 600 tons

Ethiopia opens a gold refinery with capacity to process 600 tons annually as the country seeks to retain more value from its $5.5 billion gold exports.

Oluwatosin Alao Oluwatosin Alao

UAE investor commits $38 million to new 400-hectare fruit farm in Morocco

UAE-based Elite Agro is investing $38 million in a 400-hectare Moroccan fruit farm targeting blueberries, mandarins and avocados for export.

Oluwatosin Alao Oluwatosin Alao