Strategic INR 2 billion investment expands BEUMER’s global manufacturing network with first production hub in Reliance MET City, India Jhajjar/Haryana, 19 December 2025 – BEUMER Group, a leading provider of material handling solutions, has officially inaugurated a new state-of-the-art manufacturing facility at Reliance’s Model Economic Township (MET City) in Jhajjar,Continue Reading
Côte d’Ivoire has taken an additional important step toward guaranteeing access to clean water with the inauguration of the urban water supply system for the Sub-Prefecture of Galébré. This is one of the first systems completed under the country’s national Water for All (Eau Pour Tous) program. Designed to improveContinue Reading
Hassan Allam Construction, a subsidiary of Hassan Allam Holding, has been awarded a landmark USD 250 million contract for the construction of the African Export-Import Bank (Afreximbank) (www.Afreximbank.com) African Trade Centre, which will also host its new headquarters building, to be located in the New Capital of Egypt. Among theContinue Reading
Rolls-Royce’s Power Systems division is supplying a total of eight mtu emergency power generators for two fully electric fast ferries belonging to the Spanish shipping company Baleària. From 2027, the ships will cover the 18 nautical miles between Tarifa in Spain and Tangier in Morocco using electric power, thereby openingContinue Reading
African Export-Import Bank (Afreximbank) (www.Afreximbank.com), Africa’s leading multilateral financial institution, today marked a historic milestone with the groundbreaking ceremony of the Afreximbank African Trade Centre (AATC) in Egypt’s New Capital, which will also be the home of the Bank’s new global headquarters. Situated in the Diplomatic District of the NewContinue Reading
Rokbak has partnered with Idromac as its official dealer in Italy and is ready to meet rising ADT demand across the country with proven, dependable articulated haulers and strong aftersales support. Scottish articulated hauler manufacturer Rokbak has announced Idromac as its official dealer for Italy. It marks a strategic partnership built forContinue Reading
The Karowe diamond mine in Botswana exemplifies the strategic evolution of modern diamond mining as operators shift from surface to underground extraction. This transition reflects more than technical adaptation; it represents a long-term strategy for resource optimisation, operational sustainability, and value creation across decades-long asset lifecycles. As surface resources nearContinue Reading
Nigeria’s critical minerals strategy is under intensifying pressure as global rare earth supply chains struggle to meet soaring demand. With processing capacity still heavily concentrated in a single region of the world, governments and manufacturers are racing to diversify supply—including a growing focus on Nigeria’s monazite reserves. Nigeria holds oneContinue Reading
The Democratic Republic of Congo (DRC) has yet to approve the resumption of cobalt exports, nearly six weeks after the previous shipping ban expired, leaving mining companies unable to move trucks loaded with one of the world’s most essential metals to international markets. The DRC—responsible for roughly 75% of globalContinue Reading
FG Gold Limited (“FG Gold”) (https://FGGoldMining.com/) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship large-scaleContinue Reading
