Latest Africa News

Advanced Braking Technology Ltd reported a robust 25% revenue increase and a 36% rise in net profit for FY25, driven by international expansion and new product launches.

Belararox Limited has initiated its maiden drilling campaign at the Kalahari Copper Project in Botswana, targeting promising copper mineralisation zones identified through advanced geophysical surveys. The program aims to unlock value in a region surrounded by major copper producers.

Clinuvel Pharmaceuticals reports steady financial growth with an 8% rise in revenue and 2% profit increase, while expanding its US commercial footprint and completing recruitment for a pivotal vitiligo trial.

BetMakers Technology Group reported a 10.6% revenue decline to $85.1 million for FY25 but achieved positive adjusted EBITDA and operating cash flow for the first time, signaling a strategic turnaround.

Evion Group’s joint venture in India has made its inaugural shipments of expandable graphite to the US, capitalizing on rising global demand and supply shortages. The company also secures EU recognition as a preferred graphite supplier for critical industries.

RocketDNA Ltd reported a slight revenue decline and increased losses in H1 2025 but marked significant progress in drone technology deployments and operational certifications.

Invictus Energy has forged a landmark partnership with Al Mansour Holdings, securing a strategic 19.9% stake and up to US$500 million in funding to advance its Cabora Bassa Project and expand into African upstream oil and gas markets.

Kinetiko Energy has commenced drilling its second production test well at Brakfontein, applying optimized protocols following promising initial results. This marks a key step toward supplying gas to a pilot LNG plant planned for late 2026.

Lovisa Holdings Limited reported a 14.2% revenue increase to A$798.1 million for FY25, driven by a net addition of 131 stores globally. Profit after tax rose 4.8% to A$86.3 million, while the company declared a final unfranked dividend of 27 cents per share.

RPMGlobal Holdings Limited reported a striking 448% increase in net profit for FY2025 alongside significant changes in its subsidiary portfolio, signaling a transformative year for the software services company.

BHP Group Limited has updated its dividend announcement, confirming a fully franked USD 0.60 per share dividend for the half-year ending June 2025 and providing the South African Rand exchange rate ahead of payment.

DataDot Technology Limited reported a 13% revenue increase and a 56% rise in net profit after tax for FY25, driven by growth in its PropertyVAULT insurance services and new distributor partnerships.