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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