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.

Malawi asset-based lending IFC project
BusinessHot News

IFC launches nearly half a million dollar project to strengthen Malawi SME credit

IFC launches $425,000 Malawi project to boost SME credit, strengthen asset-based lending and expand access for underserved entrepreneurs.

Feyisayo Ajayi Feyisayo Ajayi
Elsewedy Electric officials & Egypt PM
BusinessHot News

Elsewedy Electric, Egypt PM Madbouly discuss expansion, new investment plans 

Elsewedy Electric and Egypt’s PM Madbouly review expansion plans including automotive production, industrial zones and new investments.

Timilehin Adejumobi Timilehin Adejumobi
Aiyesimoju portfolio growth
BusinessHot News

Nigeria’s youngest dealmaker Folasope Aiyesimoju’s portfolio on the Nigerian Exchange nears $200 million

Aiyesimoju’s stakes in UACN, CAP and UPDC near $200 million as dividend demand drives Nigerian equities rally.

Feyisayo Ajayi Feyisayo Ajayi
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Latest Hot News News
Oando Plc
BusinessHot News

Oando to generate electricity from abandoned oil wells in Nigeria

Oando plans to convert abandoned oil wells into electricity sources as Nigeria pushes private investment in clean energy.

Timilehin Adejumobi Timilehin Adejumobi
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Kenyan tycoon Ronald Karauri
BusinessHot News

Kenyan tycoon Ronald Karauri’s grip on SportPesa weakens after UAE investors gain control

A massive ownership shift at SportPesa leaves co-founder Ronald Karauri with just 3 percent as UAE investment vehicles take full control.

Omokolade Ajayi Omokolade Ajayi
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South African banker Mary Vilakazi
Hot NewsBusiness

South African banker Mary Vilakazi leads FirstRand back as Africa’s most valuable lender with $32.4 billion market cap

Mary Vilakazi steers FirstRand back to Africa’s top banking spot as its market cap reaches $32.4 billion, surpassing Capitec and Standard Bank.

Omokolade Ajayi Omokolade Ajayi
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UBA sweeps top honours at 2026 Euromoney Awards
Hot NewsBusiness

UBA sweeps top honors at 2026 Euromoney Awards, named Nigeria’s Best ESG, Retail Bank

UBA swept major honors at the 2026 Euromoney Awards for Excellence, securing Best Bank for Retail and Best Bank for ESG in Nigeria.

Omokolade Ajayi Omokolade Ajayi
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Johann Rupert Richemont profit 2026
BillionairesBusinessHot News

South African billionaire Johann Rupert gains $4.4 billion in 97 days

Johann Rupert’s net worth jumps $4.4 billion in 97 days, crossing $20 billion as Richemont shares surge on strong investor demand.

Feyisayo Ajayi Feyisayo Ajayi
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Cell C market value rebounds
BusinessHot News

Brett and Mark Levy’s Cell C rebounds above $537 million after shedding $92 million

Cell C rebounds above $537 million after a post-listing slump, as improving fundamentals meet lingering investor caution on the JSE.

Feyisayo Ajayi Feyisayo Ajayi
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BIOVAC
BusinessHot News

South Africa’s Biovac secures $15 million from AfDB to scale Africa’s vaccine production

Biovac vaccine production gets a $15 million AfDB loan to expand Cape Town capacity to 500 million doses and boost Africa’s vaccine supply.

Timilehin Adejumobi Timilehin Adejumobi
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TMG-Office
TechnologyHot News

Egyptian Billionaire Hisham Talaat Moustafa’s TMG adopts SAP Cloud AI

TMG SAP Cloud AI deal modernizes Egypt’s largest developer with cloud ERP, AI and analytics to support expansion and efficiency.

Timilehin Adejumobi Timilehin Adejumobi
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BusinessHot News

Kibo Energy to exit London’s AIM market after failed takeover deal

Kibo Energy will exit London’s AIM after a failed takeover deal, leaving shareholders with illiquid holdings and uncertain future prospects.

Feyisayo Ajayi Feyisayo Ajayi
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