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News
19 April 2024
in
Oil & gas, Transport

SBM secures $250m loan for FPSO projects

SBM Offshore has secured a $250 million term loan facility to fund construction of floating production, storage and offloading vessels.The company said that the loan...

News
19 April 2024
in
Metals and Mining

Spartan raises A$80m for Dalgaranga

Spartan Resources has unveiled an A$80 million (about $51.3 million) fully underwritten equity raising to accelerate exploration and development of the Dalgaranga gold...

News
19 April 2024
in
Metals and Mining

Strickland to acquire Rogozna Project in Serbia

Strickland Metals has sealed a binding share sale and purchase agreement with ISIHC, a subsidiary of Ibaera Capital Fund, for the acquisition of Betoota Holdings, the...

News
19 April 2024
in
Oil & gas

Vitol acquires BioMethane Partners

Vitol has acquired BioMethane Partners in a move aimed at forming Vitol BioMethane (VBM), a Texas-based landfill-gas-to-energy company.VBM brings a wealth of experience...

News
19 April 2024
in
Infrastructure

EG Capital welcomes new investors to EG-EEF

EG Capital, a growth investor focused on mezzanine debt investments for SMEs and mid-cap companies in East Africa and Zambia, says new partners will be joining the...

News
19 April 2024
in
Other

New trade group to decarbonise North America-East Asia commodity corridor

Nine founding members, including Canadian National Railway, Mitsubishi Canada, Mitsubishi Heavy Industries, NYK Bulk & Projects Carriers, Oldendorff Carriers, Prince...

News
19 April 2024
in
Metals and Mining

Reunion Gold, Guyana sign mineral deal for Oko West project

Reunion Gold has signed a mineral agreement with Guyana and the Guyana Geology and Mines Commission. This agreement ensures stable fiscal and operating conditions for the...

News
19 April 2024

AfDB helps fight money laundering and terrorism

AfDB and the Inter-Governmental Action Group against Money Laundering in West Africa (GIABA) have launched a three-year support project to combat money laundering and...

News
19 April 2024
in
Renewables

New Zealand commits funds to ADB’s Energy Transition Mechanism

The government of New Zealand has committed $25 million to ADB's Energy Transition Mechanism Partnership Trust Fund to support the shift toward clean, sustainable...

News
18 April 2024
in
Infrastructure

UKEF supports Nigerian ports modernisation projects

The Nigerian Ports Authority has agreed a $700 million Citibank loan backed by UKEF to rehabilitate the Apapa and Tin-Can Island ports, in Lagos. The NPA has also...

News
18 April 2024
in
Infrastructure, Renewables

Acre's Export Finance Fund 1 receives interest for second closing

Acre Impact Capital has received interest from a large pool of investors for second closing of its Export Finance Fund 1 — with investors already at various stages...

News
18 April 2024

SERV, Saudi EXIM pen reinsurance agreement

Saudi EXIM Bank and its Swiss counterpart SERV have signed a reinsurance agreement to boost the Kingdom’s non-oil exports.The move follows Saudi EXIM’s...

News
18 April 2024
in
Metals and Mining

Rio, Saudi Arabia vying for stake in First Quantum mines

Rio Tinto and Saudi Arabia’s state-backed Manara Minerals Investment are among suitors considering bids for a stake in First Quantum Minerals' Zambian copper...

News
18 April 2024
in
Transport

SACE backs the acquisition of new cruises by Norwegian Cruise Line

Norwegian Cruise Line Holdings has sealed financing to facilitate the acquisition of four new cruise ships, which are destined for Oceania Cruises and Regent Seven Seas...

News
18 April 2024

Saudi Awwal Bank partners with Exim Bank to boost exports

Saudi EXIM Bank is partnering with Saudi Awwal Bank via the “Guarantee Financing for Export Sector Enterprises” initiative to enhance financing options for...

News
18 April 2024
in
Oil & gas

Exxon takes FID on $12.7bn Guyana Whiptail project

ExxonMobil is to proceed with a $12.7 billion deepwater oil project off the coast of Guyana. The project, named Whiptail, has received all necessary government and...

News
18 April 2024
in
Metals and Mining

Saudi Arabia moves closer to $1bn Barrick Pakistan deal

Saudi Arabia is moving closer to a potential deal to acquire a minority stake in a Pakistan mine controlled by Barrick Gold, sources said.Manara Minerals Investment,...

News
18 April 2024
in
Manufacturing & equipment

Maniva obtains €8m loan with SACE cover

Intesa Sanpaolo has finalized a loan agreement of €8 million ($8.5 million), backed by a guarantee from SACE, in support of Maniva.The loan will enable the company...

News
18 April 2024
in
Metals and Mining

Lithium Americas to raise $275m for Thacker Pass mine

Lithium Americas is to raise $275 million to accelerate construction and development of the Thacker Pass lithium project in Nevada.The company will sell 55-million shares...

News
18 April 2024
in
Renewables

Norwegian Hydrogen and Provaris expand partnership

Provaris Energy and Norwegian Hydrogen have signed a Collaboration Agreement to identify and develop several sites in the Nordic region for the large-scale production and...