Latest Africa News

TruScreen Group has met its FY2026 revenue guidance with a 41% jump in product sales, while investing heavily in new markets and pursuing a major UNITAID funding bid that could reshape its medium-term outlook.

Sabre Resources (ASX:SBR) has secured 80% stakes in two companies holding nearly 4,000km² of highly prospective gold and copper-gold projects in the Northern Territory, including drill-ready targets analogous to the Tennant Creek Mineral Field. A heavily supported $2 million placement will fund aggressive exploration including imminent drilling.

Altair Minerals has landed a A$28.2 million strategic placement from Endeavour Mining’s subsidiary at a premium, boosting its treasury to about A$40 million and enabling a major expansion of exploration at the Greater Oko gold project in Guyana.

Dalaroo Metals has completed a major soil sampling phase at its Gold Ridge Prospect in Côte d’Ivoire, submitting over 2,200 samples for assay and moving into the next phase of exploration ahead of its first drilling campaign.

MRG Metals’ joint venture partner Sinowin Lithium has delivered a comprehensive Environmental and Social Impact Assessment for the Corridor Central Titanium Dioxide project in Mozambique, marking a key regulatory milestone towards production in 2027.

Kinetiko Energy has unveiled a staged gas production strategy in South Africa, aiming for initial compressed natural gas revenues by Q2/Q3 2027. The company’s new Rolling Cluster Development Strategy promises a risk-managed, capital-efficient pathway from early CNG production to full-field LNG.

OM Holdings faced a challenging ferroalloy market in FY2025 but maintained production resilience, secured refinancing, and rationalised its portfolio through key asset sales, while advancing sustainability initiatives.

Chilwa Minerals has mobilised a second diamond drill rig at its Mpyupyu target in Malawi, accelerating exploration of niobium, rare earths, tantalum, and gallium within a newly identified alkaline syenite intrusion. With over 1,000 metres drilled and key assay results pending, the company is poised for a revised resource estimate in May 2026.

Ovanti Limited has partnered with Codebase Technologies to integrate proven open API banking infrastructure into its Super App, accelerating its entry into AI-driven digital asset banking.

Treasury Wine Estates is reshaping its global operations into four regional divisions to sharpen market execution and efficiency. The company reports improved third-quarter sales in China and the US, bolstered by luxury brand Penfolds, while securing $300 million in new debt to strengthen liquidity beyond $1 billion by fiscal 2026 end.

Advanced Braking Technology Ltd (ASX: ABV) reported a 28% jump in product sales revenue to $6 million for Q3 FY26, driven by strong aftermarket sales and international market traction. The company also advanced certification of its autonomous BRAKEiQ system, targeting FY27 adoption.

Invictus Energy has raised $10 million in a placement to fund the drilling of the Musuma-1 exploration well, targeting a substantial gas and condensate resource in Zimbabwe’s Cabora Bassa Basin. The well, planned for H2 2026, aims to build on the Mukuyu discovery and accelerate commercial development.