Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Africa Finance Today.
Faraday Future Reports Financial Results for Second Quarter 2025
GlobeNewswire, Inc.
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August 18, 2025
Q2 adjusted operating loss stood at approximately $27.4 million, with a monthly average of $9 million during this quarter; Quarter-end cash position reached an 18-month high; Operating efficiency and cost control continued to strengthen....
Legend Biotech Appoints Carlos Santos as Chief Financial Officer
GlobeNewswire, Inc.
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August 18, 2025
SOMERSET, N.J., Aug. 18, 2025 (GLOBE NEWSWIRE) -- Legend Biotech Corporation (NASDAQ: LEGN) (Legend Biotech), a global leader in cell therapy, today announced the appointment of Carlos Santos as the Company’s Chief Financial Officer, effective...
South African Journalists Rally Demanding Palestinian Journalists Protection
MENAFN
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August 18, 2025
(MENAFN) On Sunday, more than 2,000 South African journalists and media professionals marched through Sea Point, Cape Town, urging stronger safeguards for Palestinian journalists operating in Gaza and standing united with their fallen peers. The...
Critical One Announces Upsized Non-Brokered Private Placement
GlobeNewswire, Inc.
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August 18, 2025
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES TORONTO, Aug. 18, 2025 (GLOBE NEWSWIRE) -- Critical One Energy Inc. (formerly Madison Metals Inc.) (“Critical One” or the “Company”) (CSE: CRTL) (OTCQB: MMTLF)...
African Rainbow Minerals Limited to Acquire Shares of Surge Copper Corp.
GlobeNewswire, Inc.
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August 15, 2025
TORONTO, Aug. 15, 2025 (GLOBE NEWSWIRE) -- African Rainbow Minerals Limited (JSE: ARI) (A2X: ARI) (“ARM”) announces that it has signed a subscription agreement agreeing to purchase 25,781,715 common shares (“Common Shares”) of Surge Copper Corp....
Africa Bitcoin Conference Diaspora Edition: What to Expect in Boston this August
EIN Presswire
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August 13, 2025
ABCD unites the global African diaspora to explore how Bitcoin drives financial freedom, innovation & economic empowerment in Africa. BOSTON, MA, UNITED STATES, August 13, 2025 /EINPresswire.com/ -- With just few days to go until the inaugural...
Actelis Networks Reports Second Quarter 2025 Financial Results and Operational Update
GlobeNewswire, Inc.
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August 14, 2025
FREMONT, Calif., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Actelis Networks, Inc. (NASDAQ: ASNS) ("Actelis" or the "Company"), a market leader in cyber-hardened, rapid deployment networking solutions for IoT and broadband applications, today reported...
IO Biotech Reports Second Quarter 2025 Financial Results and Provides Business Highlights
GlobeNewswire, Inc.
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August 14, 2025
Announced clinical improvement in progression free survival observed in pivotal Phase 3 Trial of Cylembio® plus KEYTRUDA® (pembrolizumab) for the treatment of first-line advanced melanoma, but statistical significance narrowly missed; company...
Robotic Process Automation Market Size to Hit USD 211.06 Billion by 2034 Driving Enterprise Efficiency and Cost Savings Through Automation
GlobeNewswire, Inc.
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August 18, 2025
Ottawa, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The global robotic process automation market size surpassed USD 22.80 billion in 2024 and is predicted to rise from USD 28.31 billion in 2025 to USD 35.27 billion in 2026 and it is projected to exceed...
Africa Capitalworks invests for sustainable impact
EIN Presswire
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August 12, 2025
Africa Capitalworks fuels Africa’s growth by backing market leaders in vital sectors, delivering strong returns and lasting social and economic impact. MAURITIUS, August 12, 2025 /EINPresswire.com/ -- Africa Capitalworks invests for sustainable...
Polar Power Reports Second Quarter 2025 Financial Results
GlobeNewswire, Inc.
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August 14, 2025
GARDENA, CA, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Polar Power, Inc. (“Polar Power” or the “Company”) (NASDAQ: POLA), a global provider of prime, backup, and solar hybrid DC power solutions, reports its financial results for the three months ended...
NANO Nuclear Reports Third Fiscal Quarter 2025 Financial Results and Provides Business Update
GlobeNewswire, Inc.
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August 14, 2025
New York, N.Y., Aug. 14, 2025 (GLOBE NEWSWIRE) -- NANO Nuclear Energy Inc. (NASDAQ: NNE) (“NANO Nuclear” or “the Company”), a leading advanced nuclear energy and technology company focused on developing clean energy solutions, today reported its...
Power Transformer Market is expected to generate a revenue of USD 57.37 Billion by 2032, Globally, at 6.59% CAGR: Verified Market Research®
GlobeNewswire, Inc.
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August 18, 2025
Lewes, Delaware, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The Global Power Transformer Market Size is projected to grow at a CAGR of 6.59% from 2026 to 2032, according to a new report published by Verified Market Research®. The report reveals that the...
Jonathan Low Named Forbes 40 Under 40 for Tech Innovation and Global Finance Impact
GlobeNewswire, Inc.
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August 14, 2025
Dubai, UAE, Aug. 14, 2025 (GLOBE NEWSWIRE) -- Jonathan Low, founder of Biptap and a driving force in global finance, fintech, and Web3, has earned a spot on Forbes’ prestigious 40 Under 40 list in Tech. This honor cements his reputation as a...
‘Women Leading Change’ Events set to embolden South African Leaders
EIN Presswire
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August 14, 2025
Prominent South African and international business leaders convene in Johannesburg for two seminal events hosted by Duke Corporate Education (Duke CE) JOHANNESBURG, GAUTENG, SOUTH AFRICA, August 14, 2025 /EINPresswire.com/ -- "Women Leading...
Easy Environmental Solutions Secures Full Down Payment for First EasyFEN™ Units in Africa
GlobeNewswire, Inc.
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August 14, 2025
Full down payment on $3.4 million order confirms Kenyan launch Each EasyFEN™ unit designed to deliver $19 million in recurring revenue annually while restoring farmland at scale Production at full capacity in Mankato with public showcase scheduled...
Solar Water Pump Systems Market Poised for Growth, Expected to Hit USD 5.76 Billion by 2032 | Coherent Market Insights
GlobeNewswire, Inc.
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August 18, 2025
Burlingame, CA, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The Global Solar Water Pump Systems Market is estimated to be valued at USD 2.45 Bn in 2025 and is expected to reach USD 5.76 Bn in 2032, exhibiting a compound annual growth rate (CAGR) of 13% from...
Hydraulic Fracturing Market Poised for Growth, Expected to Hit USD 82.29 Billion by 2032 -Coherent Market Insights
GlobeNewswire, Inc.
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August 18, 2025
Burlingame, CA, Aug. 18, 2025 (GLOBE NEWSWIRE) -- The global hydraulic fracturing market is estimated to be valued at USD 53.62 Bn in 2025 and is expected to reach USD 82.29 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 6.3% from...
Minister Maropene Ramokgopa: Business Leadership South Africa Reform Tracker Launch
South African Government
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August 14, 2025
Venue: Old Mutual Auditorium, 107 Rivonia Road, Sandton Programme Director, Mr Stephen Grootes, Deputy Minister of Finance, Honourable Mr Ashor Sarupen, Deputy Chairperson of Business Leadership South Africa (BLSA), Mr Bonga Mokoena, The Board of...
Home Affairs partners with FNB and Standard Bank on Smart ID and Passport applications through branches and mobile app
South African Government
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August 14, 2025
Home Affairs, First National Bank, and Standard Bank partner to enable Smart ID and Passport applications via branches and mobile app The Department of Home Affairs, First National Bank (FNB), and Standard Bank yesterday, 13 August 2025, launched...