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02 May 2024
in
Telecoms and Communications

Airtel Africa in line for $200m IFC financing

IFC is considering up to $200 million in finance to telecommunications group Airtel Africa to support the company's operations in the DRC, Rwanda, and Kenya. The...

02 May 2024
in
Power

Al Nahrawan WTE project award imminent

The bid evaluation process for the contract to develop a waste-to-energy (WTE) plant in the Al Nahrawan area of Baghdad Governorate is expected to be completed in the...

02 May 2024
in
Renewables

CIP and Uniper agree hydrogen supply deal

Copenhagen Infrastructure Partners signed an MoU with German energy firm Uniper to supply 140,000 tonnes a year of green hydrogen from its 1GW HOST PtX Esbjerg...

02 May 2024
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Other

EBRD issues trade line to support West Bank and Gaza

EBRD is boosting Palestinian export and import activities by providing a $2 million trade finance line to the Arab Islamic Bank.The trade finance line, given under the...

02 May 2024
in
Power

Western Norway to up sub-station and grid capacity

NIB has signed a ten-year loan with the Norwegian utility Eviny to co-finance an investment programme to increase sub-station and grid capacity in Western Norway.The...

02 May 2024
in
Agri/Soft Commodities

Olam ups offer for Namoi Cotton amid bidding war with LDC

Olam Agri Holdings upped its offer for Australia’s Namoi Cotton, topping a proposal from rival Louis Dreyfus Company and heating up a bidding war between two...

02 May 2024
in
Oil & gas

Yinson closes on Agogo FPSO project financing

Yinson Production has raised a $1.3 billion limited recourse term loan to fund pre-and post-delivery financing for its Agogo floating storage production and offloading...

02 May 2024
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Other

ITFC launches Trade Connect Central Asia+

ITFC has launched its newest flagship Trade Connect Central Asia+ Program.The aim of the program is to facilitate economic growth and regional economic integration...

02 May 2024
in
Transport

Trafigura orders 4 dual-fuel ammonia powered vessels

Trafigura has signed a contract for four Medium Gas Carriers that will be capable of using low-carbon ammonia as a propulsion fuel when delivered. The vessels will be...

02 May 2024

Croatia to provide €250m in energy efficiency loans

Croatia's HBOR and the ministry of regional development and EU funds will provide €250 million ($268 million) in loans to companies for energy efficiency...

02 May 2024
in
Metals and Mining

Vale closes deal to sell 10% of base metals arm to Manara

Vale has concluded the sale of a 10% stake in Vale Base Metals to Manara Minerals for $2.5 billion (BRL12.99 billion). The transaction was completed after the green light...

02 May 2024
in
Metals and Mining

Zhaojin wins control of Tietto Minerals in $475m deal

China’s Zhaojin Capital has won control of Australia’s Tietto Minerals after a protracted six months takeover tussle that values the gold producer at A$733...

02 May 2024
in
Infrastructure

GuarantCo supports Jordan's climate infrastructure portfolio

GuarantCo has provided a portfolio guarantee of JOD24.8 million (around $35 million) to Capital Bank of Jordan, for a portfolio of JOD 88.6 million. The deal will enable...

02 May 2024
in
Metals and Mining

Predictive advances Bankan project via A$50 placement

Predictive Discovery has received firm commitments from investors to raise A$50 million (about $32.7 million) by way of a single-tranche placement.The company will issue...

02 May 2024
in
Metals and Mining

Australia cracks down on foreign cash in critical minerals

Australia will tighten scrutiny of foreign investment into mining and refining of critical minerals as part of an overhaul of its national regime, while speeding up...

02 May 2024
in
Metals and Mining

Metro Mining raises A$40m

Metro Mining has received binding commitments for a A$40 million (about $26 million) placement to investors at A$0.041 per new share. The placement is accompanied by...

02 May 2024
in
Other

BDC unveils new leadership appointments

Business Development Bank of Canada (BDC) has appointed Diane Lafontaine as Chief Corporate Strategy and Stakeholder Engagement Officer; and Genevieve Bouthillier as...

02 May 2024
in
Metals and Mining

Zijin Mining buys La Arena for $245m

Pan American Silver will sell its 100% interest in La Arena, which owns the La Arena gold mine as well as the La Arena II project in Peru, to Zijin Mining. The deal...

02 May 2024
in
Metals and Mining

Giyani progressing K. Hill manganese project

Giyani Metals is progressing its K. Hill manganese project in Botswana and has received the first drawdown of $5.7 million from its $16 million IDC convertible loan...

01 May 2024

CMS hires Keith Bullen

CMS has hired Keith Bullen, who will join the firm's energy and infrastructure practice. Bullen moves to CMS from EY Law MENA and will split his time between Riyadh...