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
Construction
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
TOMRA Sorting Mining launches TOMRA ACT user interface
TOMRA has introduced the TOMRA ACT user interface, together with a new image processing pipeline and additional process data for TOMRA Insight, enabling improvements in the overall sorting process for greater productivity and profitability
Shanta Gold announces audited final results for its East African assets
Shanta Gold, the East Africa-focused gold producer, has announced its audited final results for the year ended 31 December 2020 for its East African assets, including the New Luika Gold Mine and the Singida Project in Tanzania and the West Kenya Project in Kenya