Zambia, Zimbabwe Court Investors to Revive $5 Billion Hydro Dam
The Zambezi River Authority — a joint venture between the southern African nations that maintain the Kariba Dam complex — formed a team that will court investors in the proposed 2,400-megawatt facility that lies near World Heritage site Victoria Falls, Chief Executive Officer Munyaradzi Munodawafa said.
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Yahoo
3 hours ago
- Yahoo
ASX Penny Stocks Spotlight Delta Lithium And Two Others
Australian shares are set to open slightly higher, with the ASX 200 futures showing resilience amid global trade discussions, particularly between the U.S. and EU. In this context of international negotiations and market fluctuations, investors may find value in exploring smaller or newer companies that fall under the category of penny stocks—a term that might seem outdated but remains relevant for those seeking unique investment opportunities. These stocks can offer a blend of potential growth and financial stability, making them intriguing options for investors looking to uncover hidden value within the Australian market. Top 10 Penny Stocks In Australia Name Share Price Market Cap Financial Health Rating Alfabs Australia (ASX:AAL) A$0.40 A$114.64M ★★★★☆☆ EZZ Life Science Holdings (ASX:EZZ) A$2.25 A$106.14M ★★★★★★ GTN (ASX:GTN) A$0.615 A$117.26M ★★★★★★ IVE Group (ASX:IGL) A$3.05 A$470.25M ★★★★★☆ West African Resources (ASX:WAF) A$2.42 A$2.76B ★★★★★★ Southern Cross Electrical Engineering (ASX:SXE) A$1.81 A$478.58M ★★★★★★ Regal Partners (ASX:RPL) A$2.64 A$887.63M ★★★★★★ Sugar Terminals (NSX:SUG) A$0.99 A$360M ★★★★★★ Navigator Global Investments (ASX:NGI) A$1.80 A$882.14M ★★★★★☆ CTI Logistics (ASX:CLX) A$1.915 A$154.24M ★★★★☆☆ Click here to see the full list of 464 stocks from our ASX Penny Stocks screener. Underneath we present a selection of stocks filtered out by our screen. Delta Lithium Simply Wall St Financial Health Rating: ★★★★★★ Overview: Delta Lithium Limited engages in the exploration and development of lithium and gold properties in Western Australia, with a market capitalization of A$121.81 million. Operations: Delta Lithium Limited has not reported any revenue segments. Market Cap: A$121.81M Delta Lithium Limited, with a market cap of A$121.81 million, is pre-revenue and currently unprofitable. Despite this, it maintains a sufficient cash runway for over a year based on current free cash flow. The company has seen no significant shareholder dilution recently and remains debt-free with short-term assets exceeding both short-term and long-term liabilities. However, earnings are forecast to decline by 42.5% annually over the next three years. Recent board changes include the resignation of Director Tim Manners, but the board composition is deemed appropriate without an immediate replacement needed. Jump into the full analysis health report here for a deeper understanding of Delta Lithium. Learn about Delta Lithium's future growth trajectory here. LaserBond Simply Wall St Financial Health Rating: ★★★★★★ Overview: LaserBond Limited is a surface engineering company in Australia that focuses on improving the performance and longevity of machinery components, with a market cap of A$56.47 million. Operations: The company generates revenue through three primary segments: Products (A$14.17 million), Services (A$25.27 million), and Technology (A$2.56 million). Market Cap: A$56.47M LaserBond Limited, with a market cap of A$56.47 million, operates across Products, Services, and Technology segments. The company is debt-free and has a seasoned management team with an average tenure of 4.7 years. Short-term assets (A$22.6M) exceed both short-term (A$9.6M) and long-term liabilities (A$12M), indicating financial stability despite recent negative earnings growth (-35.4%). Profit margins have declined from 11.1% to 6.8%, yet high-quality earnings are maintained with no significant shareholder dilution over the past year. Earnings are projected to grow by 48% annually, suggesting potential for future profitability improvements in this volatile sector. Navigate through the intricacies of LaserBond with our comprehensive balance sheet health report here. Explore LaserBond's analyst forecasts in our growth report. Mach7 Technologies Simply Wall St Financial Health Rating: ★★★★★☆ Overview: Mach7 Technologies Limited offers enterprise imaging data sharing, storage, and interoperability solutions for healthcare enterprises globally, with a market cap of A$101.04 million. Operations: The company's revenue is derived from Software Licenses (A$17.32 million), Professional Services (A$3.92 million), and Maintenance and Support (A$12.28 million). Market Cap: A$101.04M Mach7 Technologies Limited, with a market cap of A$101.04 million, focuses on healthcare imaging solutions and expects revenue between A$33 million and A$34 million for the fiscal year ending June 2025. Despite being unprofitable with negative return on equity (-9.98%), the company maintains financial stability with short-term assets (A$34.9M) exceeding both short-term (A$14.8M) and long-term liabilities (A$5.3M). Mach7 is debt-free but has an inexperienced management team averaging 0.1 years in tenure, while its board is more seasoned at 5.5 years average tenure, suggesting potential governance strength amidst operational challenges. Unlock comprehensive insights into our analysis of Mach7 Technologies stock in this financial health report. Examine Mach7 Technologies' earnings growth report to understand how analysts expect it to perform. Next Steps Unlock our comprehensive list of 464 ASX Penny Stocks by clicking here. Curious About Other Options? Uncover 16 companies that survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include ASX:DLI ASX:LBL and ASX:M7T. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Insider
15 hours ago
- Business Insider
Top 10 countries with the lowest reserves of foreign exchange and gold 2025
A nation's gold and foreign exchange reserves are more than just accounting numbers in the linked global economy of today; they are a crucial indicator of its strategic capacity and economic resilience. Business Insider Africa presents the top 10 countries with the lowest reserves of foreign exchange and gold 2025. This list is courtesy of Global Firepower. Somalia ranks number 1 on the list. A number of vulnerabilities are present in nations with inadequate reserves, and these difficulties are particularly noticeable in many African countries that are struggling with debt, inflation, and currency instability. In times of crisis, a government's capacity to act in the currency market to maintain its national currency is limited by low gold and foreign exchange reserves. A country that lacks an adequate buffer is vulnerable to severe currency depreciation, which raises the price of everything from gasoline and food to machinery and medications. This increases societal dissatisfaction and reduces consumer purchasing power. Furthermore, low reserves reduce investor trust. International investors regard countries with limited reserves as high-risk, resulting in capital flight and a substantial drop in foreign direct investment. Credit rating agencies may downgrade such nations, raising borrowing costs and further straining governmental budgets. It creates a vicious cycle: low reserves contribute to negative investor sentiment, which fuels further economic instability. Low reserves also hinder a country's capacity to repay foreign debt, increasing its reliance on international rescues such as the IMF. While such bailouts may provide temporary respite, they are sometimes accompanied with stringent restrictions, like austerity measures, which can be politically unpopular and socially disruptive. This reliance reduces a country's budgetary sovereignty and limits its ability to establish economic policies. Furthermore, low reserves limit a country's ability to import crucial commodities and services, such as electricity and food, potentially leading to shortages and increased civil discontent. For some African countries, whose economies rely significantly on imports, this poses a direct danger to national security and progress. In the context of global power rankings such as Global Firepower, a low level of reserves indicates a deeper weakness in economic preparation. Top 10 countries with the lowest reserves of foreign exchange and gold 2025 Rank Country Reserves of Foreign Exchange and Gold by Country (2025) 1. Somalia $16,747,500 2. Burkina Faso $47,138,000 3. Zimbabwe $115,530,000 4. South Sudan $183,615,000 5. Sudan $206,763,700 6. Chad $211,591,000 7. Eritrea $225,014,976 8. Syria $341,962,500 9. Central Africa Republic $374,405,000 10. Beliz $473,729,000
Business Insider
19 hours ago
- Business Insider
5 Insights from Swiss-African Business Day 2025
— The 2025 edition of the Swiss-African Business Day (SABD25), the indispensable annual event platform for advancing business and trade between Switzerland and Africa, took place in Geneva this year, gathering over 350 participants from more than 30 countries. Drawing from a rich programme including six sector-specific breakout sessions, two keynote sessions, a panel discussion, and a headline conversation with Afreximbank President Prof. Benedict Oramah and WTO Director-General Dr. Ngozi Okonjo-Iweala, here are five key takeaways from the event: 1. National Business Bodies Drive Trade Outcomes National private sector organisations (NPSOs) serve as key connectors between the business and government sectors. They help influence policies on taxation, trade, and infrastructure, while also encouraging the adoption of tools like the Pan-African Payment and Settlement System (PAPSS) to ease cross-border trade. Organisations such as Chambers of commerce and industry associations are vital in helping SMEs understand and take advantage of opportunities available under the African Continental Free Trade Area (AfCFTA). 2. Embed Swiss Value Chains in African Markets Swiss companies have the opportunity to localise more of their operations in Africa, building infrastructure, creating jobs, and deepening supply chains. Importantly, this strategy is not framed as aid, but as a wise business investment: investing in long-term partnerships that deliver both commercial and social returns. 3. Infrastructure Needs Smart, Sustainable Funding According to a recent study by the Africa-Europe Foundation and the African Union Development Agency, in partnership with the African Climate Foundation (ACF), Africa requires $170 billion annually in infrastructure investment. NPSOs can turn this figure into action by working with members to identify and deliver bankable projects. Innovative financing solutions will be crucial in addressing the continent's vast infrastructure needs. Despite the current geopolitical shifts, ESG metrics will remain central to assessing the impact of infrastructure projects, which are long-term efforts that extend beyond political cycles. 4. Vocational Training is a Business Investment Across key African markets, numerous companies and organisations are running and tailoring Technical Vocational and Education Training (TVET) programs, inspired by the Swiss dual education model with its strong private sector involvement, to address the skills gap in their local contexts. From hospitality training to engineering scholarships, companies are aligning education with market needs. TVET programs supported by Swiss public-private partnerships are preparing a generation of job-ready talent. 5. Health Partnerships Must Go Beyond Aid In the face of the current unprecedented transformation of the global healthcare landscape, speakers agreed that, despite the challenges of uncertainty surrounding these shifts, new opportunities are emerging for collaboration between the African continent and Switzerland. Speakers reiterated that this moment calls for agile coalitions and a business-driven approach to healthcare funding in Africa through a new model—rooted in sustainable investment and built on partnership rather than aid. Speakers also highlighted the potential for stronger cooperation between Swiss and African partners in research, diagnostics, and health systems development with examples such as the African Centre for Medical Excellence in Nigeria illustrating the scale of ambition.
