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

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

Barrick Mining has reached an agreement with the Government of Mali to resolve all outstanding disputes related to the Loulo-Gounkoto mining complex — a major breakthrough in the long-running Barrick–Mali standoff. Under the agreement, all charges against Barrick, its subsidiaries, and employees will be dropped, and steps have begun toContinue Reading

Caledonia Mining is moving ahead with the development of the Bilboes gold project in Zimbabwe following the completion and release of its feasibility study, which confirms that a single-phase development approach offers the strongest economic return. The project covers 2,731.60ha in Matabeleland North, around 80km north of Bulawayo. According toContinue Reading