Latest Africa News

Page 2 of 88
AFT Pharmaceuticals surged 22% to NZ$254.7 million revenue in FY26, surpassing profit guidance and securing FDA approval to advance a pivotal injectable iron Phase III trial targeting a $7.4 billion market. The company is poised for further global expansion and product launches in FY27.
Ada Torres
Ada Torres
24 June 2026
AFT Pharmaceuticals delivered a 22% revenue jump in FY26 to NZD 254.7 million, surpassing profit guidance and expanding its footprint to 87 countries. The company is advancing multiple R&D projects, including a pivotal Phase III injectable iron trial, while targeting over NZD 300 million in revenue for FY27.
Ada Torres
Ada Torres
24 June 2026
Altair Minerals has completed the second tranche of a premium priced placement, raising a total of A$28.2 million from Endeavour Mining, which now holds a 9.9% stake. The funds boost Altair’s treasury to about A$38 million, underpinning an expansive multi-year exploration push in Guyana.
Maxwell Dee
Maxwell Dee
23 June 2026
Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.
Maxwell Dee
Maxwell Dee
23 June 2026
Toubani Resources has delivered a fresh batch of high-grade gold intercepts from its Kobada Gold Project in Mali, reinforcing the project's potential as it gears up for a Mineral Resource Estimate update in Q3 2026.
Maxwell Dee
Maxwell Dee
23 June 2026
Castle Minerals has secured a comprehensive historical exploration dataset worth over US$3 million for its Nielle Gold Project in Côte d'Ivoire, positioning the company for faster drill targeting and advancing the project towards maiden drilling.
Maxwell Dee
Maxwell Dee
23 June 2026
Pan African Resources PLC has delivered a 5.6% increase in gold production to 196,527 ounces for FY25, alongside a 60.5% jump in adjusted EBITDA to US$226.6 million. The group’s strategic acquisition of Tennant Mines in Australia and the early commissioning of the Mogale Tailings Retreatment operation mark significant milestones in its growth trajectory, underpinned by a robust sustainability and governance framework.
Maxwell Dee
Maxwell Dee
22 June 2026
Recce Pharmaceuticals has secured ethics approval to upgrade and broaden its pivotal Phase 3 trial of RECCE® 327 Topical Gel for diabetic foot infections in Australia, accelerating recruitment and reinforcing its global registration ambitions.
Ada Torres
Ada Torres
22 June 2026
Skylark Minerals has completed Phase 1 drilling at its M’Basso Prospect, defining a 750m mineralised strike and identifying a new eastern gold zone. Metallurgical tests show 95% gold extraction, supporting a straightforward processing route.
Maxwell Dee
Maxwell Dee
22 June 2026
West Wits Mining has locked in a comprehensive ZAR 1.115 billion project finance package with Absa Bank and Nedbank CIB, clearing a critical hurdle toward steady-state gold production at Qala Shallows by late 2028.
Maxwell Dee
Maxwell Dee
19 June 2026
Memphasys has secured $1.2 million through a share placement to support the global expansion and manufacturing scale-up of its Felix™ sperm selection system. The company also extended a major convertible note, reinforcing financial flexibility amid growing international contracts.
Ada Torres
Ada Torres
18 June 2026
Atomic Eagle Limited confirms ongoing negotiations with Niger's Ministry of Mines to draft a new mining agreement for the Madaouela Uranium Project, following permit withdrawal and arbitration.
Maxwell Dee
Maxwell Dee
18 June 2026