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26 March 2018

NEXIM appoints new chairman

The Nigerian government has approved the appointment of Joseph Nnanna as the new chairman of the board of Nigeria Export-Import Bank (NEXIM). Nnanna was most...

26 March 2018
in
Infrastructure

HICL buys another stake in 12-school PPP from Galliford Try

HICL Infrastructure Company Limited (HICL) has acquired an incremental 45% interest in the Priority Schools Building Programme North East Batch Project from Galliford...

26 March 2018

SBI to launch trade finance and NPA exchanges

State Bank of India (SBI), in association with 30-plus banks, has announced plans to develop a blockchain based exchange for handling non-performing assets (NPAs),...

26 March 2018
in
Infrastructure, Transport

DP World wins 30-year Port of Banana concession

DP World has been awarded a concession to establish and operate the first deep-sea port in the Democratic Republic of the Congo. The 30-year Port of Banana concession is...

26 March 2018
in
Oil & gas

Mubadala follows Pegaga gas project FID with letter of award for EPC work

Mubadala Petroleum, Petronas Carigali and Sarawak Shell Berhad have reached the final investment decision for the Pegaga gas field development in Block SK 320,...

26 March 2018
in
Power, Transport

Canada grants $1.6bn funding to Wataynikaneyap transmission project

The Government of Canada and the Province of Ontario will provide $1.6 billion of funding to support the development of the 1,800km Wataynikaneyap Power Transmission...

26 March 2018
in
Renewables

Supreme Energy Rantau Dedap signs on project funding

Supreme Energy Rantau Dedap (SERD) – a joint venture between PT Supreme Energy, Marubeni Corporation, Tohoku Electric Power and ENGIE – has raised a $490...

26 March 2018
in
Infrastructure, Waste and water

Karnataka approves Mangaluru desal feasibility

The Karnataka government has approved the  technical and economic feasibility report prepared by Infrastructure Development Corporation Karnataka for...

26 March 2018
in
Oil & gas

Seven bidding for Zambia's Indeni Refinery

Zambia Development Agency has received seven bids for a majority stake in the Indeni Petroleum Refinery. The bidders are: Glencore Energy UK, Vitol, China Petroleum...

26 March 2018
in
Metals and Mining

Rio Tinto selling Winchester South to Whitehaven

Rio Tinto has entered into a binding agreement with Whitehaven Coal for the sale of its 75% interest in the Winchester South coal development project in Queensland...

26 March 2018

Atlas Resources takes Noble to court

Noble Group’s woes just got a lot worse as the trader, which is already being sued by shareholder Goldilocks Investment, is now also being sued by Indonesian coal...

26 March 2018
in
Infrastructure, Waste and water

Gaza desal project secures €456 million funding

The EIB is to issue a tender for the Gaza Central Desalination Plant and Associated Works Project on 15 April 2018. The project - a 150,000 m3/d capacity...

26 March 2018
in
Power

Pacific Energy to acquire mining energy BOO specialist Contract Power

Pacific Energy has signed agreements to acquire remote power generator and energy infrastructure operator Contract Power Group for $90 million. The transaction...

26 March 2018
in
Renewables

Scatec Solar closes Mozambique‘s solar plant financing

Scatec Solar, KLP Norfund Investments and Electricidade de Mozambique (EDM) have closed debt financing and initiated construction of a 40 MW solar plant in Mozambique....

26 March 2018
in
Oil & gas

Vitol traded oil volumes down

Vitol has announced that its traded crude and products volumes fell slightly in 2017 as it focused on its mid and downstream acquisitions and added assets in the US by...

26 March 2018
in
Infrastructure, Transport

Transurban to buy Canadian A25 toll road and bridge from Macquarie

Transurban has agreed to purchase 100% of the equity in the operational A25 toll road and bridge in Northern Montreal from Macquarie Infrastructure Partners. The...

26 March 2018

ADB ups supply chain finance support for SMEs

Asian Development Bank (ADB) has approved $100 million in additional financing to extend the scope of its Supply Chain Finance Program (SCFP) for SMEs in the APAC region....

26 March 2018

XinFin XDCE token goes live

Singapore-based XinFin – developer of peer-to-peer trade finance platform tradefinex.org – has raised $15 million-equivalent in digital assets via its initial...

26 March 2018
in
Power, Renewables

Armech signs up for $300m Ghanaian WtE PPP

Armech Africa Limited has signed a PPP agreement with the state-owned utility Electricity Company of Ghana for a 60MW waste-to-energy power plant in Tema. The $300...

26 March 2018
in
Renewables

Xcel given go-ahead on 1.2GW New Mexican wind projects

The New Mexico Public Regulation Commission (NMPRC) has given Xcel Energy approval for two wind farms on the border of New Mexico and Texas. The 552MW Sagamore...