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Business

Powering Mines & Industry Launches, Outlining Africa’s Pathway to Clean Energy Manufacturing Leadership

CAPE TOWN, South Africa, December 17, 2025/ — ESI Africa is thrilled to announce the release of Volume 6 of Powering Mines & Industry, addressing one of the most critical themes shaping Africa’s future: the intersection of mining, industrial power, and the global energy transition. This volume is essential reading for professionals navigating the rapidly evolving landscape of mining,

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African Development Bank and São Tomé and Príncipe sign three new grant financing agreements

BRUSSELS, Belgium, December 15, 2025/ — The African Development Bank Group (www.AfDB.org) and the Government of São Tomé and Príncipe have deepened their development partnership with $18 million in new grant financing. Signed on Thursday at the São Tomé and Príncipe Investment Forum in Brussels, the three agreements will support energy, climate-smart agriculture, and integrated

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Hassan Allam Construction Awarded a landmark USD 250 million contract to build the iconic Afreximbank African Trade Centre in Egypt’s New Capital

CAIRO, Egypt, December 15, 2025/ — 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

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GRA’s Authorised Economic Operators (AEO) Scheme

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The African Development Fund grants Guinea nearly $26 million in additional funding to develop an electricity interconnection with Mali

ABIDJAN, Ivory Coast, December 12, 2025/ — The Board of Directors of the African Development Fund approved additional financing of $25.79 million for Guinea for the 225 kV Guinea-Mali electricity interconnection project. The financing, agreed in Abidjan on 10 December 2025, from the African Development Bank Group’s concessional window includes a loan of approximately $22

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