Latest Africa News

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D3 Energy’s latest quarterly report reveals a promising new helium production province at its ER315 permit, alongside expanded exploration permits and preparations for a key Production Right application.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Minbos Resources advances its Cabinda Phosphate Project with significant construction progress and a fresh US$3.6 million funding injection from the Sovereign Fund of Angola, underpinning its strong cash position.
Maxwell Dee
Maxwell Dee
30 Apr 2025
EVE Health Group has executed a binding agreement to acquire Australian biotech Nextract, targeting rapid-onset treatments in the $16 billion global erectile dysfunction and dysmenorrhea markets. The acquisition, supported by a $1.5 million capital raise and share consolidation, marks a strategic shift into regulated pharmaceutical channels.
Ada Torres
Ada Torres
30 Apr 2025
Atlantic Lithium has secured all essential permits for its flagship Ewoyaa Lithium Project in Ghana and updated its feldspar resource estimate, while navigating funding challenges and awaiting parliamentary ratification of its mining lease.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Kinetiko Energy reports encouraging progress in South African gas exploration, with improved well performance and a drilling optimisation study revealing key production enhancements.
Maxwell Dee
Maxwell Dee
30 Apr 2025
M3 Mining Limited reports promising early-stage gold exploration results at its Edjudina Project in Western Australia, identifying key mineralisation zones at Broken Hill Bore and Old Plough Dam. Concurrently, its subsidiary advances talks to secure a strategic energy asset in North Africa.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Askari Metals has acquired 100% ownership of Rift Valley Metals, gaining a highly prospective 460 km² gold project portfolio in Ethiopia’s underexplored Adola Greenstone Belt. This move positions the company at the forefront of exploration in a prolific gold region with significant discovery potential.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Toubani Resources has raised A$29 million through a strategic placement led by A2MP Investments, which also commits to a US$160 million debt facility, positioning the Kobada Gold Project for a final investment decision by late 2025.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Vanadium Resources Limited has extended its EPC and financing MOU with China Energy and raised A$783,000 via convertible notes, supporting ongoing development of its Steelpoortdrift Vanadium Project amid cost controls and regulatory progress.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Terra Metals has made significant strides at its Dante polymetallic project, producing three high-grade concentrates and extending mineralisation, while securing a strategic tenement option to expand its resource base.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Equatorial Resources has postponed its final arbitration hearing against the Republic of Congo to November 2025, while advancing exploration at its Nimba Alliance Iron Ore Project with promising high-grade results.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Zoono Group Limited reports strong progress in its shelf-life extension technology trials across multiple continents, with successful UK supermarket trials paving the way for a national roll-out in FY26. Despite a quarterly operating cash outflow, the company expects improved sales and sufficient funding to meet its near-term objectives.
Ada Torres
Ada Torres
30 Apr 2025