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Jumia looks to improved cost control in pursuit of profitability

Pan-african eCommerce giant Jumia is aggressively pursuing profitability by narrowing losses and growin...

February 16, 2023, 5:50 pm

Africa oil has everything i look for in an oil play

Africa Oil Corp. has a diverse asset portfolio with operating assets in Nigeria and exploration/development exposure to other ...

February 16, 2023, 4:22 pm

african online retailer jumia's q4 losses narrow on cost savings

african e-commerce firm Jumia Technologies said on Thursday that cost savings had helped it reduce four...

February 16, 2023, 9:16 am

Vodafone mulls options for its african business

Vodafone is considering options for its african business Vodacom, which includes a potential minority s...

February 16, 2023, 6:04 am

Regardless of price, bitcoin is a lifeline for eritrean refugees

Bitcoin is becoming especially popular in countries like Nigeria and Kenya while african refugees are a...

February 13, 2023, 10:44 am

Pan african resources expects decline in hy22 earnings on lower gold sales and prices

(Kitco News) - Pan african Resources (AIM: PAF) today reported that for the six months ended 31 Decembe...

February 10, 2023, 2:53 pm

Fintech association of south africa helping develop industry on continent

Africa has been a key focus for fintechs in recent years, helped in no small part by the Fintech Association of South Africa (FIN...

February 8, 2023, 2:31 pm

african fintech landscape – upcoming key events and conferences in 2023

There has been a strong growth of the fintech industry in Africa in recent years, having been driven by several factors. This inc...

February 8, 2023, 10:06 am

Meta fails in bid to be removed as a party from an exploitation lawsuit against it and moderation partner sama in kenya

More drama is afoot for Facebook's parent company Meta on the african continent. A Kenyan court today r...

February 6, 2023, 6:50 am

Chevron in talks with algeria for energy exploration deal - wsj

Chevron Corp has opened talks with Algeria to allow the U.S. oil firm to undertake energy exploration in the North ...

February 6, 2023, 5:49 am

Chevron explores algerian gas plans amid russian sanctions

The oil giant is in talks to clinch a deal in the North african nation that holds bigger shale resource...

February 6, 2023, 5:27 am

Diageo confirms terms behind increased stake in east african breweries

Diageo PLC (LSE:DGE), the owner of Johnnie Walker and Guinness, has confirmed the terms of a partial tender offer to increase its stake in East ...

February 6, 2023, 2:23 am

Nokia to deploy communication infrastructure to connect 8 african countries

Nokia will deploy new digital infrastructure connecting Southern and Eastern Africa. The Finnish telecommunications company announced on Thursday (Feb...

February 2, 2023, 3:03 pm

Kosmos energy: west africa's pioneering oil and gas explorer

Kosmos Energy is a US junior oil & gas exploration player with developments in african frontier plays. ...

January 30, 2023, 1:05 pm

Atlantic lithium quarterly report highlights progress at ewoyaa project

Atlantic Lithium Limited (AIM:ALL, OTCQX:ALLIF, ASX:A11) today released its quarterly activities and cash flow report, as required for its listing in ...

January 30, 2023, 4:29 am

Chariot acquires renewable-powered water desalination project

Chariot Ltd (AIM:CHAR, OTC:OIGLF) has agreed the acquisition of ENEO Water PTE Limited, an african clea...

January 30, 2023, 2:51 am

Jumia's investors rethink their stakes — for better and worse

Baillie Gifford, the Edinburgh-based asset management firm long known to have a penchant for pre-IPO tech companies, has reduced its shares in ...

January 26, 2023, 6:06 pm

Finance magnates africa summit: opportunities for sponsors & exhibitors

The Finance Magnates Africa Summit (FMAS:23) is coming to South Africa this May, showcasing one of the fastest growing markets in...

January 26, 2023, 3:01 pm

Rand dollar outlook: usd/zar shakes off dovish sarb & positive us gdp

The South african Rand has fallen back into a narrow range after the Reserve bank cut growth forecasts ...

January 26, 2023, 3:00 pm

Prosus, naspers cutting 30% of jobs at corporate offices

Prosus NV and its South african parent Naspers are cutting up to 30% of jobs at their corporate offices...

January 25, 2023, 11:59 am


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