Month: June 2026

Ghana-based Origen Private Debt Fund is participating in the $137 million financing of Project Shiprite.

Ghana-based Origen Private Debt Fund is participating in the $137 million financing of Project Shiprite, with a GHS 23 million (about $2 million) local-currency debt commitment. Developed by Prime Meridian Docks under a 25-year concession with the Ghana Ports and Harbours Authority, Project Shiprite will deliver a floating dry dock and ship repair facility at the Port of Takoradi in Ghana. “Origen’s investment contributes to the project’s late-stage financing, helping advance a critical piece of maritime infrastructure that will strengthen Ghana’s shipping industry, reduce vessel downtime, and position the country…

AfDB, Brazil sign deal to boost agriculture across Africa

By Bob Koigi | Channel: agribusiness,First published,June 18,2026 The African Development Bank Group and the Brazilian Cooperation Agency have signed a memorandum of understanding to expand collaboration across agriculture, health, climate resilience, skills development and private sector growth in Africa. Signed in Abidjan, the agreement establishes a framework for long-term cooperation that combines the African Development Bank Group’s financing and regional reach with Brazil’s experience in areas including tropical agriculture, renewable energy, public health systems and enterprise development. Partnership focuses on shared development priorities Martin Fregene, Officer in Charge of the…

AIM Talks China 2026 Advances UAE–China Cooperation Through High Level Engagement in Guangzhou

From advanced AI and smart mobility to trade, investment, and city level cooperation, high level engagements reinforce the next phase of UAE–China economic alignment Guangzhou, China — June 2026: As part of AIM Talks China 2026, H.E. Fahad Al Gergawi, Undersecretary of the UAE Ministry of Foreign Trade, led a high level UAE delegation concluded a series of strategic engagements in Guangzhou underscoring the accelerating momentum of UAE–China cooperation across the industrial, technological, and economic sectors driving future growth. These engagements further reinforced the event’s role as a practical platform…

Dubai Woodshow 2026…An expose on how Technologies is Shaping Global Timber Trade

With just three days remaining until the opening of Dubai WoodShow 2026, the global wood and woodworking machinery industry is preparing to convene in Dubai for a business focused edition highlighting the technologies reshaping timber trade. Taking place from 22 to 24 June 2026 at the world Trade Center, the exhibition brings together more than 400 exhibitors, over 600 international brands, 5 international country pavilions, and participation from more than 45 countries. At the center of these industry shifts, Dubai WoodShow serves as a strategic platform for exploring the innovations…

Eni’s Gambian, Guinea Entry Tests the Next Frontier in West African Exploration

Eni awarded 1,300 km2 across offshore Block A1 in The Gambia. Energy major also secures reconnaissance rights across 15 deepwater Guinea blocks. Dual deals signal rising confidence in the next phase of MSGBC frontier exploration.Italian energy major Eni has strengthened its position in the MSGBC frontier through a pair of major offshore agreements in Guinea and The Gambia, securing basin-scale acreage across two of West Africa’s least-explored hydrocarbon provinces. The company’s latest expansion places the supermajor at the forefront of the region’s next exploration wave, raising fresh questions about how the region’s improving investment climate and offshore potential…

Gold industry to generate US$5b in export receipts

By:Oliver Kazunga-Senior Reporter,Heraldonline.co.zw,first published,June,19,2026 Speaking at the Chamber of Mines of Zimbabwe annual conference in Victoria Falls, Gold Producers Association of Zimbabwe president Mr Qubeka Nkomo said the industry had regained strong growth momentum, underpinned by record-high gold prices that have strengthened viability and expanded production across the sector. ZIMBABWE’S gold industry is on a strong upward trajectory, with output and export earnings surging sharply as favourable global prices and expansion projects position the sector to generate about US$5 billion in export receipts this year. Last year, the yellow metal,…

Partnerships and Cross Border Investments in the Greater Bay Area in Focus

……As AIM Talks China 2026 Convenes in Guangzhou As global capital, industrial transformation, and cross border trade realign around new growth corridors, AIM Talks China 2026 convened investors, policymakers, and business leaders in one of China’s most dynamic economic ecosystems, serving as a focused platform for international dialogue, strategic networking, and high impact business engagement according to a recent official statement issued in Guangzhou,China. The opening ceremony of AIM Talks China 2026,the statement said, took place on 17 June 2026 in Tianhe CBD, Guangzhou, marking the launch of a high…

Zimbabwe turns to its precious metals and critical minerals to shield itself from the US war

Chinedu Okafor,Africa Business Insider First Published 15 June 2026 02:00 PM. Zimbabwe intends to leverage its projected mineral export revenue, estimated at $6.5-$7 billion for the current fiscal period, as a strategic buffer against economic instability stemming from geopolitical tensions between the United States and Iran. Zimbabwe plans to use its projected $6.5-$7 billion mineral export revenue as a buffer against economic instability due to US-Iran geopolitical tensions. Rising global gold prices, improved platinum group metals outlook, and increased lithium exploitation are expected to boost fiscal performance. Mining is a crucial…

Global Wood & Wood Products Market hits $962 Billion

….As Innovation in Smart Manufacturing and Material Surges The global woodworking industry is entering a new era of transformation, driven by rapid advances in artificial intelligence, robotics, and advanced material innovation; technologies that are redefining how wood products are designed, processed, and delivered at scale,according to a recent official statement issued in Dubai,by the event organizer,Strategic Marketing & Exhibitions. This transformation the statement noted, is unfolding alongside strong market growth. The global woodworking machinery market projected to reach $6.1 billion by 2027 reflecting rising demand from construction, furniture, and industrial…

Africa’s Business Heroes Unveils 2026 Top 100 Entrepreneurs

Africa’s Business Heroes (ABH), the flagship philanthropic initiative of the Jack Ma Foundation and Alibaba Philanthropy, has unveiled its 2026 Top 100 entrepreneurs, selected from more than 24,000 applications from all 54 African countries according to an official statement. For the first time in ABH’s history,the statement disclosed, the competition has expanded its first round of finalists from a Top 50 to a Top 100 cohort, creating more visibility and opportunity for entrepreneurs across regions, sectors, and business models. The expansion,it noted, reflects the growing depth, competitiveness, and commercial maturity…