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The partnership was formed to increase the proportion of renewable energy in Nigeria’s energy mix. (Image source: Union Bank)

Energy

The Union Bank of Nigeria has formalised the basis for a strategic partnership with the Universal Green Energy Access Programme (UGEAP), a 15-year blended finance facility, to catalyse the development of renewable energy in the West African country

80% of production from the Pontchâteau factory is targeted for export. (Image source: Bobcat

Construction

The world of telescopic handlers has seen some notable milestones achieved in recent months

The transaction is expected to be completed in the first half of 2024. (Image source: MMG)

Mining

MMG, a leading international mining company headquartered in Australia, has formed a share purchase agreement to acquire the Khoemacau Copper Mine

BluePeak's investment promotes the UN's SDG 5 on gender equality, goal 8 on decent work and economic growth, and goal 13 on climate action. (Image source: Adobe stock)

Logistics

Alternative asset management firm, BluePeak Private Capital, has announced its intention to provide a US$20mn hybrid loan to Prime Logistics, a leading integrated East and Central African logistics group

Both the IMF and EIU expect SSA to rank as the world’s second fastest growing economy in 2024. (Image source: Adobe Stock)

Finance

As a challenging year for sub-Saharan Africa draws to a close, positive signs suggest an economic rebound is on the cards in 2024, according to economist Moin Siddiqi

A typical double-girder electric overhead travelling crane undergoing load test at Condra’s Johannesburg factory. (Image source: Condra)

Manufacturing

Condra has manufactured a service and maintenance crane for Saiccor Mill’s Feed Three pulp dryer line at Umkomaas, South Africa