BeMetals Corp has entered into a joint exploration and option agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC) that aims to provide an initial investment of US$1.5mn for money-in-the-ground exploration at the Pangeni Copper Project in Zambia
Construction
AfDB signs US$229.5mn financing agreement for Uganda expressway project
The African Development Bank (AfDB) and the Government of Uganda have signed a US$229.5mn financing agreement for the first phase of the Kampala-Jinja Expressway project, which is expected to cut travel time and boost trade along an important artery linking Uganda with its neighbours
Chariot Oil & Gas signs SPAs to acquire Africa Energy Management Platform
Chariot, the Africa-focused transitional energy company, has signed share purchase agreements (SPAs) for the acquisition of the business of Africa Energy Management Platform (AEMP) for consideration of up to US$2mn payable primarily in Chariot Ordinary Shares
Canada and AfDB sign gender lens Climate Fund for Africa
The Government of Canada and the African Development Bank (AfDB) have signed an agreement formalising the Canada–African Development Bank Climate Fund (CACF), a transformative special fund aimed at providing concessional loans to climate change-related projects with a strong gender-responsive component
AfDB signs US$229.5mn finance agreement towards Kampala-Jinja Expressway Project
The African Development Bank (AfDB) and the Government of Uganda have signed a $229.5 million financing agreement for the first phase of the Kampala-Jinja Expressway Project, which will cut travel time and boost trade along an important artery linking Uganda with its neighbours