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South african rand dollar outlook: usd/zar recovers from recent slump

USD/ZAR has recovered from the recent slump as US Dollar weakness subsides. With emerging market currencies vulnerable to a strong greenback, technica...

November 8, 2022, 2:30 pm

Jeremy hodara and sacha poignonnec step down as jumia co-ceos

african e-commerce giant Jumia has made a new change in management as co-founders Jeremy Hodara and Sac...

November 7, 2022, 8:44 am

Chariot forms partnership with total eren to develop mauritania green hydrogen project

Chariot Ltd (AIM:CHAR, OTC:OIGLF) said it is forming a joint venture with France's Total Eren to develop the Nour green hydrogen project in Mauritania...

September 6, 2022, 2:36 am

Jumia, zipline partner to bring ecommerce drone delivery to ghana

Pan-african eCommerce giant Jumia has teamed up with logistics company Zipline to deliver household goo...

September 1, 2022, 3:27 pm

Jumia, zipline launch drone package delivery in ghana

Jumia, the pan-african e-commerce company, has partnered with Zipline, to launch on-demand drone delive...

September 1, 2022, 4:30 am

Walmart enters deal to buy remaining stake in s.africa's massmart

U.S. retail giant Walmart Inc. has signed an agreement to begin buying the 47% stake in South african r...

September 1, 2022, 3:07 am

african fintech eft corporation fights fraud with aci worldwide partnership

End-to-end payment solutions provider EFT Corporation is instituting new fraud protection measures across Africa through a partnership with real-tim...

August 31, 2022, 9:05 am

Walmart's (wmt) buyout of 47% stake in massmart to aid growth

Walmart (WMT) offers to buy the remaining 47% stake in Massmart Holdings Limited, per various media sources. It acquired a 51% interest in the South <...

August 30, 2022, 6:46 am

Drdgold's operating profit down 22% in fy22 on rising costs, as gold production unchanged

(Kitco News) - DRDGOLD (NYSE: DRD), a South african gold producer that recovers gold from the retreatme...

August 24, 2022, 3:26 pm

Drdgold says it 'held its own' in fiscal 2022 as it unveils 15th consecutive annual dividend payment

DRDGOLD Ltd (NYSE:DRD, JSE:DRD, OTC:DRDGF), which recovers gold from processing mine dumps and tailings dams, said it 'held its own' in fiscal 2022 as...

August 24, 2022, 7:54 am

Pfizer confirms to acquire global blood therapeutics for $5.4 billion in deal that gives it access to sickle-cell disease treatment

Pfizer Inc. PFE, -1.18% has agreed to buy Global Blood Therapeutics Inc. [s :gbt] in a deal valued at $5.4 billion, the companies said Monday, confirm...

August 8, 2022, 6:52 am

Bluechip, an african systems integrator with partners like microsoft and oracle, is expanding to europe

It's not often you hear about african tech companies expanding into Europe. Some examples include finte...

August 8, 2022, 5:00 am

Vodacom to hold 100% of new south african tower subsidiary

Vodacom Group will retain full ownership of a new subsidiary that will take over its South african towe...

July 21, 2022, 4:05 am

7 best african stocks to buy now

So, what are the best african stocks to buy at present? Consider taking a look at these seven....

July 17, 2022, 7:17 am

Why jumia stock slumped 17.7% this week

Investors are not optimistic about the african e-commerce company's prospects....

July 14, 2022, 7:03 pm

Our take on sibanye's lithium expansion

Sibanye's expanding its Lithium portfolio. The lithium supply and demand characteristics could shift in the coming years. There's a strong indication ...

July 5, 2022, 4:25 am

Tower resources inks loan agreement to help fund cameroon well

Tower Resources PLC (AIM:TRP) told investors it has a signed term sheet with Central african brank BGFI...

June 30, 2022, 3:51 am

Kukua, creators of “super sema,” raises $6 million, led by alchimia and tencent

Kukua, a Nairobi- and London-based educational entertainment company and the creators of “Super Sema,” the first ...

June 29, 2022, 4:10 am

1 green flag and 1 red flag for jumia stock

The african e-commerce company could either face a formidable new competitor -- or get bought out by th...

June 28, 2022, 7:50 am

Caledonia mining offers significant growth potential

Caledonia Mining Corporation PLC (AIM:CMCL, NYSE-A:CMCL) offers significant growth potential in an under-explored ...

June 28, 2022, 6:44 am


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