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News
Aveng plots recovery, appoints new CEO
12+ hour, 40+ min ago (19+ words) CNBC Africa Aveng plots recovery, appoints new CEO Stay ahead of the market...
Ghana???s GoldBod buyers hit by funding delays, sources say
10+ hour, 6+ min ago (336+ words) DAKAR/ACCRA, Aug 24 (Reuters) – Companies licensed to buy gold for Ghana’s artisanal gold marketing agency GoldBod have not been paid for up to three weeks, forcing some operators to halt purchases or borrow to stay in business despite surging bullion…...
France???s Orano expands uranium search in Botswana
10+ hour, 28+ min ago (310+ words) GABORONE, Aug 24 (Reuters) – Botswana has granted three new uranium prospecting licences to Orano Mining, adding to the 15 licences already held by the French state-owned company, as the southern African country seeks to diversify its economy beyond diamonds, official mining registry…...
Shein targets $27 billion Hong Kong IPO??? a fraction of its 2022 valuation
14+ hour, 29+ min ago (332+ words) Shein is planning to raise up to $13.86 billion in Hong Kong dollars ($1.77 billion) in its initial public offering, according to a filing on Monday. The fast-fashion retailer is selling around 280 million class B shares, priced between HK$47.60 and HK$49.50 per…...
2027 elections: Nigeria's incumbent APC unveils Presidential Campaign Council
15+ hour, 50+ min ago (81+ words) Nigeria’s ruling All Progressives Congress has unveiled its Presidential Campaign Council following the commencement of political campaigning ahead of the 2027 general elections. With the major political parties and presidential candidates signing a peace accord, alongside campaign spending limits now in…...
Trump Media CEO defends selling faster access to president???s Truth Social posts, says more have signed up
10+ hour, 2+ min ago (176+ words) Trump Media CEO defends selling faster access to president’s Truth Social posts, says more have signed up CNBC Africa Trump Media CEO defends selling faster access to president’s Truth Social posts, says more have signed up - Trump Media interim CEO…...
Weaker U.S. dollar boosts emerging markets
12+ hour, 35+ min ago (19+ words) CNBC Africa Weaker U.S. dollar boosts emerging markets Stay ahead of the market...
Omdia: Africa's smartphone market to record 26% decline in 2026
15+ hour, 53+ min ago (87+ words) Africa’s smartphone market is entering a reset, with Omdia forecasting a 26 percent decline this year, ending a three-year growth streak. Manish Pravinkumar, Principal Analyst at Omdia says device financing will become an increasingly important part of vendors’ affordability strategies, particularly…...
PwC: Nigeria's household, fiscal & external pressures to shape H2???26
15+ hour, 35+ min ago (46+ words) PwC: Nigeria's household, fiscal & external pressures to shape H2’26 CNBC Africa Reach Africa's business leaders, investors and decision-makers. More From CNBC Africa PwC: Nigeria's household, fiscal & external pressures to shape H2’26 Stay ahead of the market © 2026 Africa Business News Pty. Ltd. Data…...
U.S. to unveil???greatest financial offensive??? against Iran as Tehran threatens ship seizures
15+ hour, 39+ min ago (507+ words) The U.S will unveil “the single greatest financial offensive ever” against Iran on Monday, Treasury Secretary Scott Bessent said, while Tehran threatened to seize vessels that violate transit rules in the Strait of Hormuz. The looming escalation comes as both…...