Africa

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X @Bloomberg
Bloomberg· 2025-07-11 08:05
In South Africa, a tough-talking police commissioner is winning over residents weary of high crime rates — the latest example of a more hardline approach gaining traction around the world https://t.co/8YUo5yJiog ...
Video - CEO Clips: Namib Minerals: Investing in Africa's Future Through Gold and Copper Production
Newsfile· 2025-07-10 20:10
Core Insights - Namib Minerals Corp. is focused on gold, copper, and cobalt production and exploration across Africa, aiming to create a modern mining enterprise that emphasizes long-term growth and local impact [1]. Group 1: Company Overview - Namib Minerals Corp. operates in both producing and development-stage assets in Africa [1]. - The company is listed on NASDAQ under the ticker NAMM [1]. Group 2: Strategic Focus - The company is committed to reinvesting in Africa, aligning its mission with the continent's opportunities [1]. - Namib Minerals aims to combine growth potential with a purpose-driven approach to mining [1].
X @The Economist
The Economist· 2025-07-09 11:00
It is easy to make the case that Donald Trump cares little about Africa. Yet he is showing surprising enthusiasm for meeting his counterparts from across the continent https://t.co/6pCDcdcuWNPhoto: AP https://t.co/vRLyYWGP1L ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-09 10:14
Trump administration officials seeking deals for critical minerals in Africa are in for a surprise https://t.co/5aL150ktLA ...
Linyi products cultivate foundations for China-Africa trade hub in Angola
Globenewswire· 2025-07-09 04:18
LINYI, China, July 09, 2025 (GLOBE NEWSWIRE) -- From July 4 to 6, the Linyi Trade City (Angola) High-Quality Products Fair 2025 took center stage at the Angola International Real Estate Trade Fair (FINI 2025). This marked another large-scale appearance of Linyi, a renowned Chinese manufacturing hub, in Africa. The fair attracted over 400 domestic and international companies, creating a comprehensive ecosystem of industries along various supply chains. Over 200 Linyi enterprises showcased more than 1,000 hig ...
X @The Economist
The Economist· 2025-07-09 00:40
It is easy to make the case that Donald Trump cares little about Africa. Yet he is showing surprising enthusiasm for meeting his counterparts from across the continent https://t.co/hRj9MlpxSb ...
X @BBC News (World)
BBC News (World)· 2025-07-08 23:29
Why 'pan-Africanist' influencers pushed rumours of a coup https://t.co/C4sGSXzePc ...
Jumia (JMIA) Earnings Call Presentation
2025-07-08 14:05
Company Overview - Jumia's liquidity position as of March 2025 was $110.7 million, including $61.6 million in cash and cash equivalents and $49.1 million in term deposits[10, 11] - Jumia has 5.4 million annual active customers and 2,100+ employees across 9 operating countries in Africa[10] - Jumia's physical goods orders reached 22.7 million and GMV was $720.6 million for the 12-month period ending December 2024[10, 11] - Jumia has approximately 70,000 active vendors as of December 2024[10, 11] Financial Performance & Outlook - In Q1 2025, Jumia's GMV was $161.7 million, a decrease of 2% year-over-year in constant currency[107] - Jumia's revenue for Q1 2025 was $36.3 million, a decrease of 18% year-over-year in constant currency[107] - Jumia's gross profit for Q1 2025 was $19.9 million, representing 12% of GMV[107] - Jumia anticipates physical goods orders to grow by 20-25% in 2025, with GMV between $795 million and $830 million, and a loss before income tax between $50 million and $55 million[84, 127] - Jumia projects a loss before income tax between $25 million and $30 million for 2026 and aims to reach breakeven in Q4 2026[84, 127] Operational Efficiency - Fulfillment expense per order decreased to $2.3 in 2024[87] - General & Administrative expense excluding share-based compensation decreased by 44% from $114.0 million in 2022 to $63.4 million in 2024[93]
X @BBC News (World)
BBC News (World)· 2025-07-03 15:32
Angélique Kidjo first black African to get Hollywood Walk of Fame star https://t.co/eri49WOEG3 ...
X @The Economist
The Economist· 2025-06-29 23:45
For now drones can sometimes provide a decisive advantage in conflict in Africa. But they may ultimately make the continent’s wars easier to start and harder to end https://t.co/Ydg0Z9pZw0 ...