Export Development Canada has signed an MoU with Vietnam-based technology group FPT in a deal which will see them strengthen trade relations and cooperation in key sectors.The MoU will focus on information and communications technology, healthcare, retail, and financial services while promoting ESG... More

Alyson Henshaw has been appointed managing director, head of export and agency finance, Middle East, North Africa and Turkey at Citi in Dubai. She joins from HSBC where she had been for over 16 years holding multiple roles culminating as managing director, chief commercial officer for global... More

Project finance banks are considering increasing the debt package for Kefi Gold and Copper's Tulu Kapi project in Ethiopia from $190 million to $240 million.Kefi reported an initial committee approval granted by a second co-lending bank for the increased amount, with final approvals subject to... More

The UAE's ADNOC will sell LNG to Germany’s SEFE for 15 years starting 2028.The agreement for 1 million tonnes a year converts a preliminary deal signed in March to a definitive sales agreement, ADNOC said. ADNOC will supply the fuel from an LNG export facility it is building in Ruwais near... More

Alstom will deliver 117 new electric freight trains to Kazakhstan to help upgrade and modernise the country's transportation infrastructure. The deal was secured between Alstom, Kazakhstan’s national railway company, Temir Zholy (KTZ), and Electrovoz Kurastyru Zauyty. Under the terms... More

Holland & Knight has appointed Patricia Duffy as a partner in its Financial Services Team, based in Washington, D.C. Duffy represents sponsors, equity investors, developers and lenders in the development, construction and financing of energy and infrastructure projects, including solar,... More

Rhulani Nkomo has joined Fasken as a partner in the finance and projects group in its Johannesburg office.Nkomo has extensive experience in project financing transactions in energy and infrastructure, having advised numerous lenders and sponsors in both Africa and the Middle East. In addition, she... More

Lotus Resources has secured full funding for the anticipated restart of the Kayelekera uranium project in Malawi, with production set to recommence in Q3 2025.The financial foundation for the mine’s revival was established through a A$130 million ($85.6 million) placement, bolstered by a cash... More

Petr Fojtl has joined Česká spořitelna as senior sales and structuring manager from Raiffeisenbank in the Czech Republic where he had been head of export and structured trade finance since January 2022. Prior to that, Fojtl held senior export finance roles at Citi in Prague and ING in... More

German state-owned utility Uniper is likely to slow down a planned €8 billion ($8.7 billion) investment in cleaner fuels amid slower than expected demand for hydrogen from industry.The comments reflect growing scepticism among German corporates about whether long-standing government plans to... More

US Strategic Metals (USSM) has been granted expedited approval for its $100.8 million loan by the United States Citizenship and Immigration Services, a key part of financing for the company’s critical minerals project. The step was taken because domestic production of cobalt, nickel and... More

Peak Rare Earths has announced a capital raising to support its momentum at the Ngualla project, in Tanzania, as it advances towards a final investment decision.Peak has received commitments to complete a two-tranche institutional placement for the issue of about 60-million new fully paid ordinary... More

Senegal's national oil company Petrosen expects a final investment decision on the Yakaar-Teranga gas project in 2025.Petrosen is partnering with Kosmos Energy to develop the project, which has around 25 trillion cubic feet of recoverable gas. The first phase of the project, expected to cost... More

EBRD is supporting Palestinian MSMEs by providing a $8 million loan to Quds Bank, one of the largest local banks in the West Bank and Gaza.The Palestinian economy has been severely impacted by the war in Gaza, suffering an estimated 35% contraction as of June 2024 and an unprecedented unemployment... More

Morocco’s fertilizer giant OCP is working with Bpifrance and Agence Francaise de Developpement to help decarbonise the country's industry.The partnership is part of the three groups’ commitment to support strategic projects developed by OCP in collaboration with French companies... More

Piotr Ciołkowski has joined Dentons' Warsaw office as a partner and co-head of the Polish energy sector group.He will lead the team alongside fellow co-head, Christian Schnell. In addition, counsel Maciej Ziołkowski joined the energy team earlier in October.Ciołkowski has 20 years of experience... More

The ICC has introduced the third wave of the Principles for Sustainable Trade, incorporating feedback from over 30 banks and corporates. Wave 3 includes the enhanced guidelines for trade finance, providing industry-tailored guidance on the use of proceeds that fits within the wider Principles... More

Megado Minerals has entered into an agreement to purchase an 80% interest in Iberian Copper, which owns the Iberian Copper Project in northern Spain. The Iberian Project includes 12 permits covering 956km2 and is located in the North Spanish Oligocene region that saw copper oxide mining... More