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…
Category: INVESTMENTS
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…
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…
What is the climate impact of the Climate Investment Fund?
By:Karoline Teien Blystad and Bjornar Baugerud Climate and Impact Director Head of Climate Investment Fund The Climate Investment Fund,managed by Norfund,has received many headlines linked to large amounts of avoided emissions.But how do you calculate how much emissions the fund’s investments actually avoided? If the world is to succeed in limiting the climate crisis, we are running out of time to phase out fossil energy. The good news is that renewable energy is now competitive. The bad…
Improving mobility, security access…Burkina Faso pumps $70 million into roads
Segun Adeyemi,First Published,27 May 2026 10:04 AM Burkina Faso has inaugurated eight new road infrastructure projects in the capital, Ouagadougou, to improve urban mobility and access to strategic areas amid rapid population growth. Burkina Faso has inaugurated eight new road projects across Ouagadougou worth more than $70 million. The developments cover over 22 kilometres and include the key Northern Ring Road corridor. Officials say the infrastructure aims to improve mobility, security access and urban connectivity. The investment comes as the capital faces rapid demographic growth and increasing traffic pressure. The…
Uganda-Dangote Group join hands for East Africa’s Energy Security
Ugandan President has expressed his support for the construction of a proposed regional oil refinery valued at USD17bn, aimed at strengthening industrialisation and energy security in East Africa (Ugandan government statement, 17/05/2026). According to the statement, the President made these remarks during a meeting with visiting Nigerian industrialist Aliko Dangote, the project’s proponent. He stated that the refinery would contribute to broader efforts to advance regional integration, value addition, and industrial development across Africa. The proposed refinery is estimated to cost between USD15bn and USD17bn, with a designed processing capacity of 650 kb/d of crude oil. The facility is intended to supply Uganda, Kenya, Tanzania, Ethiopia, South Sudan, the Democratic Republic…
Italian Engineering Giant Webuild Clinches Samoter Innovation Award for Africa’s Largest Dam
By: Addis Insight,First Published,May 14, 2026 Italian construction titan Webuild has officially secured the prestigious Samoter Innovation Award 2026. The accolade recognizes the company’s groundbreaking work on the Grand Ethiopian Renaissance Dam (GERD), a project that is redefining the landscape of renewable energy in Africa. Why the GERD Won Big Presented at the Samoter International Construction Machinery Exhibition in Italy, the award celebrates more than just “building a wall.” The judges highlighted the GERD as a masterpiece of technological and engineering excellence. “The recognition highlights the GERD not only for its complexity but for its…
Deepening Cross-border Investments…EDB, Mauritius takes Pragmatic action
Story: Mohammed A. Abu Cross-border investment in West Africa is a complex mix of formal Foreign Direct Investment (FDI) concentrated in key hubs like Nigeria, Ghana, and Senegal, and massive Informal Cross-Border Trade (ICBT) that supports local livelihoods. While regional integration efforts remain high, investors face challenges such as infrastructural deficits, regulatory inconsistencies, and security issues Key Drivers and Sectors Mineral Resources & Energy: Mining (bauxite, manganese, gold) and infrastructure projects are the primary recipients of capital. Substantial multinational and regional capital flows target energy transitions and clean energy corridors.…
Dangote, Rabiu from Kano Top List of Africa’s Richest Men
Nigerian billionaires Aliko Dangote and Abdul Samad Rabiu, both from Kano State, have emerged among Africa’s richest individuals, according to the latest Bloomberg Billionaires Index ranking seen by Daily Trust. The Bloomberg ranking, which is updated daily to reflect real-time movements in global wealth, showed Dangote retaining his position as Africa’s richest man with a net worth of $34.9 billion, while Rabiu climbed to become Africa’s third-richest billionaire with an estimated fortune of $18.5 billion. South African luxury goods magnate Johann Rupert ranked as Africa’s second-richest person with…
U.S. solar energy firm plans $750 million power grid expansion across four African countries
Renewvia Energy Corp. is expanding its solar-powered mini-grid operations into four African countries as renewable energy providers increasingly move to address the continent’s widening electricity deficit. Renewvia Energy Corp. is expanding its solar-powered mini-grid operations into Uganda, Rwanda, Ethiopia, and the Democratic Republic of Congo. The company plans an investment of about $750 million to provide roughly 2.1 million electricity connections across these countries. Sub-Saharan Africa faces significant energy poverty, with nearly 600 million people lacking access to electricity. Renewvia currently operates 24 mini-grids in Kenya and Nigeria and is…
