FOCUS
Yapi Merkezi Wins $3B Bid to Build Rail to Link Uganda with Kenya
On 14 October 2024, the Uganda Government and Turkish Civil Works Contractor Yapi Merkezi signed a contract to build a
FINANCE
Developing Countries Scoff at Measly $300B Climate Deal at COP29
Whilst #ClimateAction would require trillions, climate activists could not hide their contempt and disenchantment at the stingy financial package on
AGRIBUSINESS
Madagascar Plans to Expand Rice Acreage and Remain Among the Top African Rice Producers
Following the Cabinet meeting on 8 January 202, the Malagasy government has decided to expand the area under rice cultivation
MINING
Zijin Mining Locks in Lithium Resources and Plans Production in Congo by 2026
On 10 January 2025, Zijin Mining (SHSE: 601899) announced that it is negotiating with Zangge Mining (SZSE: 000408) for a
HEALTH
AfDB, DFC and IFC Inject $45M for VaxSen to Boost Vaccine Production in Senegal
On 13 December 2024, the African Development Bank (AfDB), the US Development Finance Corporation (DFC) and the World Bank International
INFRASTRUCTURE
Suez Canal Expects $7B Drop in Revenue for 2024
With the Houthis attacking ships in the Red Sea, the maritime traffic through the Suez Canal has dropped dramatically in
ENERGY
DFC Disburses 1st Tranche for 105 MW Gas Power Plant in Sierra Leone
On 10 December 2024, the US International Development Finance Corporation (DFC) effected its first disbursement for a USD 292 million
MANUFACTURING
US DoD Blacklists Chinese EV Battery Maker CATL
On 6 January 2025, the US Department of Defense (DoD) placed China Amperex Technology Limited (CATL) on its blacklist on
TECHNOLOGY
Microsoft On Track to Spend $80B to Build AI Data Centers in FY2025
On 3 January 2025, based on the Microsoft New Year 2025 Greetings posted by its Vice-Chair and President Brad Smith
