Explore

Rapid Read Rapid Read
AfDB Approves $10 Million Loan for Hyphen's Green Ammonia Project in Namibia

AfDB Approves $10 Million Loan for Hyphen's Green Ammonia Project in Namibia

The African Development Bank (AfDB) has approved a $10 million loan to support Hyphen Hydrogen Energy's $10 billion green ammonia project in Namibia. The loan, from the Sustainable Energy Fund for Africa, will fund engineering and design studies for renewable energy generation, battery storage, and desalination infrastructure. The project aims to produce two million tons of green ammonia annually for export, leveraging 3.75 GW of renewable energy and 1.5 GW of electrolyser capacity. It is expected to create 15,000 construction jobs and 3,000 permanent positions, with a focus on employing Namibian nationals and youth.
Trendline Trendline
Stellantis Faces Canadian Government Dispute Over Jeep Compass Production Shift

Stellantis Faces Canadian Government Dispute Over Jeep Compass Production Shift

Stellantis Faces Canadian Government Dispute Over Jeep Compass Production Shift
Reuters Reuters
ADB approves $400 million loan to make it easier to do business in the Philippines

ADB approves $400 million loan to make it easier to do business in the Philippines

MANILA, Dec 10 (Reuters) - The Asian Development Bank has approved a $400 million policy-based loan to support the Philippines' efforts to make it easier for investors to do business in the country.
Rapid Read Rapid Read
Hillsdale Secures $375K Grant for Industrial Drive Resurfacing Project

Hillsdale Secures $375K Grant for Industrial Drive Resurfacing Project

Hillsdale, Michigan, has received a $375,000 grant from the Michigan Department of Transportation to resurface Industrial Drive, a critical route for the city's manufacturing sector. State Senator Joseph Bellino praised the grant, highlighting its potential to attract new investments and jobs to the area. The project aims to enhance the Hillsdale Manufacturing and Technology Park, improving road safety for families and workers. However, additional funding is required to complete the project, and local landowners might be asked to contribute financially.
Rapid Read Rapid Read
President Trump Approves $1.25 Billion Financing for Reko Diq Mine in Pakistan

President Trump Approves $1.25 Billion Financing for Reko Diq Mine in Pakistan

The Trump administration has sanctioned $1.25 billion in financing through the U.S. Export-Import (EXIM) Bank for the development of the Reko Diq copper-gold mine in Balochistan, Pakistan. This initiative is part of a broader strategy to secure critical mineral resources. The financing is expected to facilitate the import of up to $2 billion worth of U.S. mining equipment and services necessary for the construction and operation of the mine. The project is anticipated to create approximately 6,000 jobs in the United States and 7,500 jobs in Balochistan. The Reko Diq mine, which contains significant undeveloped copper and gold deposits, is being developed in partnership with Barrick Gold Mining Company and the Pakistani federal and provincial governments. The first production from the mine is projected to commence in 2028.
Rapid Read Rapid Read
Gov. Kotek Advocates for Streamlined Permitting to Boost Oregon Business

Gov. Kotek Advocates for Streamlined Permitting to Boost Oregon Business

Oregon Governor Tina Kotek has called for the support of the business community to streamline the state's permitting process and create more jobs. Speaking at the annual Oregon Leadership Summit, Kotek emphasized the need to reform permit systems, increase global trade, and provide corporate tax incentives as part of her 'prosperity roadmap.' This initiative aims to address the state's economic challenges, including high taxes and regulatory burdens perceived by business leaders. Kotek plans to introduce legislation in 2026 to fast-track permits for large projects and seek funding for industrial development. The summit, themed 'At a Crossroads,' highlighted Oregon's economic struggles, including rising unemployment and declining population growth.
Rapid Read Rapid Read
GMIN Secures Mining Licence for Oko West Gold Project in Guyana

GMIN Secures Mining Licence for Oko West Gold Project in Guyana

G Mining Ventures (GMIN) has obtained a mining licence for its Oko West gold project in Region 7, Guyana. This marks the final regulatory milestone for the project's development. The licence, granted by the Guyana Geology and Mines Commission, allows GMIN to proceed with operation, development, and commercial gold production at the site. The licence is effective from December 5, 2025, and will remain valid for 20 years. This approval follows the final environmental permit received in September 2025 and the company's formal construction decision in October 2025.
Rapid Read Rapid Read
Vestergaard and Harvestfield Launch Mosquito Net Facility in Nigeria to Combat Malaria

Vestergaard and Harvestfield Launch Mosquito Net Facility in Nigeria to Combat Malaria

Vestergaard Sàrl and Harvestfield Industries Limited have initiated a joint venture to establish a mosquito net manufacturing facility in Ogun State, Nigeria. This facility, named SNG Health, aims to produce PermaNet® Dual, a mosquito net with dual active ingredients designed to combat insecticide resistance. The project is a significant step in Nigeria's efforts to industrialize its health sector and reduce its reliance on imported mosquito nets. The facility is expected to begin production in April 2026, with an annual capacity of 10 million nets, creating 600 skilled jobs. The initiative is supported by various stakeholders, including the Nigerian government and international organizations, and is part of a broader strategy to enhance health security and economic development in the region.
Rapid Read Rapid Read
Ebonyi State Proposes New Cement Plant to Boost Industrialization

Ebonyi State Proposes New Cement Plant to Boost Industrialization

Ebonyi State in Nigeria is proposing the establishment of a new cement plant as part of its industrialization strategy. This initiative aims to capitalize on the state's rich deposits of limestone, gypsum, and clay, essential for cement production. The project is seen as a successor to the defunct NIGERCEM and is expected to address the significant housing deficit in Nigeria, which is estimated at 17 million units in urban areas. The proposed plant is part of a broader vision to create an industrial city, promising job creation and economic growth. The project seeks to attract investment and support from both public and private sectors to bridge the gap between cement demand and supply in Nigeria.
Rapid Read Rapid Read
Vestergaard and Harvestfield Launch SNG Health to Boost Malaria Prevention in Nigeria

Vestergaard and Harvestfield Launch SNG Health to Boost Malaria Prevention in Nigeria

Vestergaard Sàrl and Harvestfield Industries Limited have initiated a joint venture named SNG Health to manufacture advanced mosquito nets in Nigeria. The facility, located in Ogun State, will produce PermaNet Dual, a mosquito net designed to combat insecticide resistance. The production is set to begin in April 2026, with an annual capacity of 10 million nets, creating 600 skilled jobs. This initiative is part of Nigeria's effort to lead malaria control in West Africa, supported by various stakeholders including the Federal Ministry of Health and the World Bank. The project aims to address Nigeria's significant malaria burden, which accounts for a quarter of global cases.
Rapid Read Rapid Read
India's MNRE Clarifies No Halt on Renewable Energy Financing Amid Overcapacity Concerns

India's MNRE Clarifies No Halt on Renewable Energy Financing Amid Overcapacity Concerns

The Ministry of New and Renewable Energy (MNRE) in India has clarified that it has not issued any advisory to halt or pause financing for renewable energy projects. This clarification comes amid reports suggesting that financial institutions were advised to stop lending due to overcapacity concerns. As of October 2025, India's installed capacity from non-fossil sources is approximately 259 GW, with significant growth in solar PV manufacturing. The MNRE aims to make India self-reliant in solar PV manufacturing and a major player in the global value chain. The ministry is encouraging financial institutions to expand their portfolios to include upstream stages of solar PV manufacturing, such as solar cells and polysilicon, rather than focusing solely on solar module manufacturing.
Trendline Trendline
Idunnu Tomori's Initiative Aims to Transform Nigeria into a Luxury Production Hub

Idunnu Tomori's Initiative Aims to Transform Nigeria into a Luxury Production Hub

Idunnu Tomori's Initiative Aims to Transform Nigeria into a Luxury Production Hub