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Africa Oil has a greatly increased source of cash flow post-merger that will improve the future growth prospects. This is that rare company that made it from a penny-stock concept to an operating ...

Stockholm-listed Africa Oil has wrapped up a major deal to streamline its upstream holdings in three of Nigeria's biggest oilfields, triggering a 2.7% rise in its stock price in early morning trading.

This bodes well for long-term growth. Ericsson is witnessing headwinds in the Africa region for the last few quarters due to macroeconomic challenges, forex volatility, intense price competition ...

Foreign investors sold off South African equities at the fastest pace in more than a year in the fourth quarter of 2024, as they piled into the nation’s bonds, leading to smaller portfolio inflows.

Tesla rose as much as 10% on Monday after weeks of losses. Shares have climbed 16% since CEO Elon Musk's town hall, where he encouraged employees to hold them. Retail investors have been buying at ...

A trader works on the floor at the New York Stock Exchange in New York City ... Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from ...

U.S.A.I.D. The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts. The United ...

However, for baby boomers who have enjoyed unprecedented gains over the past 35 years, being overweighted to the stock market now is like picking up nickels in front of a bulldozer, and it could ...

Mr. Cooper stock rises after mortgage giant Rocket announces a $9.4 billion deal to buy the company Mortgage giant Rocket Companies (RKT) announced Monday that it is acquiring its top competitor ...