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22 August 2025
in
Agri/Soft Commodities, Other, Renewables

IDB Invest syndicates $2.2bn Brazil pulp financing

IDB Invest, IFC, Finnvera, and J.P. Morgan have closed a $2.2 billion financing package for Arauco’s Sucuriu greenfield pulp project in Mato Grosso do Sul,...

22 August 2025
in
Metals and Mining

EFA eyes $100m for Arafura rare earths project in Australia

Export Finance Australia has issued a non-binding conditional letter of interest for a potential $100 million (A$) investment in Arafura Rare Earths Limited’s...

22 August 2025
in
Metals and Mining

US to buy up to $500m cobalt for defence stockpile

The US Department of Defense has launched a tender to purchase alloy-grade cobalt valued at between $2 million and $500 million over the next five years, targeting...

22 August 2025
in
Oil & gas

Chevron signs Iraq upstream energy deal

Chevron Corporation has signed an agreement in principle with Iraq’s Ministry of Oil, marking the company’s re-entry into the Iraqi energy sector after more...

22 August 2025

Japan to lend $5.5bn to Africa-India economic zone

Japan will extend up to $5.5 billion in loans in coordination with the African Development Bank to promote sustainable development in Africa under a new initiative...

22 August 2025
in
Infrastructure, Transport

China Exim Bank, Bangladesh in talks for Mongla Port

China's Exim Bank and Bangladesh government representatives met in Beijing to discuss financing agreements for the expansion and modernisation of Mongla Port and the...

22 August 2025

Kenya seeks Chinese yuan conversion for $1bn of debt

Kenya is in talks with China to convert a portion of nearly $1 billion in annual loan repayments from US dollars to Chinese yuan, aiming to alleviate pressure on...

22 August 2025
in
Agri/Soft Commodities, Infrastructure, Oil & gas

Afrexim Bank grants loan to Uganda for infrastructure

Afrexim Bank has signed a Shs1.1 trillion ($290 million) loan agreement with the Government of Uganda to finance infrastructure and development projects under the 2024/25...

22 August 2025
in
Renewables

CIP breaks ground on 500MW Fengmiao 1 in Taiwan

Copenhagen Infrastructure Partners (CIP) has begun construction on the onshore substation for its 500MW Fengmiao 1 offshore wind farm in Taiwan.The Danish developer...

22 August 2025

NEXI, ATIDI, MUFG showcase Japan-Africa investment at TICAD9

Nippon Export and Investment Insurance (NEXI), African Trade & Investment Development Insurance (ATIDI), and Mitsubishi UFJ Financial Group (MUFG) co-hosted a high-level...

22 August 2025
in
Renewables, Waste and water

SK Ecoplant signs untied SACE-backed loan

Korea-based environmental and energy company SK Ecoplant Co, a subsidiary of SK Holdings, has signed a $100 million untied SACE-backed loan. Proceeds will be used for...

21 August 2025

ICIEC, NEXI expand MoU for Africa projects

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) has signed an amended Memorandum of Understanding with Nippon Export and Investment...

21 August 2025
in
Metals and Mining

Giyani Metals raises C$3.5m for Botswana manganese

Giyani Metals, a Canadian mining company, has closed a private placement raising C$3.57 million to advance its K.Hill battery-grade manganese project in...

21 August 2025
in
Metals and Mining

Trafigura hires traders for push into gold and silver

Trafigura has hired a team of precious metals traders as it looks to push into highly profitable gold and silver markets. Joseph Bou Sleiman, Xavier Miserez and...

21 August 2025
in
Chemicals/Petrochemicals, Oil & gas

China to overhaul petrochemicals sector, targets overcapacity

The Chinese government is preparing a broad restructuring of its petrochemicals and oil refining industry, aiming to phase out smaller facilities and upgrade outdated...

21 August 2025
in
Metals and Mining

Zodiac, Vitol sign iron ore finance deal in Liberia

Zodiac Gold has signed a term sheet with Vitol to secure prepayment financing and a global offtake solution for iron ore from its Bomi South and Bong West exploration...

21 August 2025
in
Infrastructure

Uganda pursues ECA debt for $3.15bn rail project

Uganda is negotiating with development finance institutions and export credit agencies to secure debt financing for 85% of a planned $3.15 billion railway, according to a...

21 August 2025
in
Agri/Soft Commodities

ofi secures $2.1bn multi-tranche loan

Olam food ingredients (ofi), a subsidiary of Olam Group, has secured a $2.1 billion multi-tranche financing package comprising a revolving credit facility and a term...

21 August 2025
in
Oil & gas

Orlen Q2 profit rises 74% amid upstream gains

Polish energy company Orlen reported a 74% increase in second-quarter profit, reaching an EBITDA LIFO of 7.72 billion zlotys ($2.12 billion). The rise was primarily...

21 August 2025
in
Oil & gas

Aker BP finds major oil reserves in Norway North Sea

Aker BP and its partners have announced a significant oil discovery in the Yggdrasil field area of Norway's North Sea. The Omega Alfa exploration campaign...