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Australia’s Paladin Energy has temporarily halted uranium mining operations in Namibia due to heavy rainfall, resulting in an 8.9% drop in its shares. The Langer Heinrich Mine is crucial for …
Paladin Energy Suspends Uranium Mining in Namibia Amid Heavy Rainfall Read More
Shares of Paladin Energy fell 7.5% to A$6.32 following the temporary suspension of operations at its Langer Heinrich project due to heavy rains in Namibia. This situation has caused access …
Paladin Energy Faces Share Price Decline Due to Operations Suspension in Namibia Read More
Nigerian Breweries has completed the acquisition of Distell Wines and Spirits Nigeria Limited, obtaining full ownership after purchasing an additional 20 percent stake. This acquisition simplifies operations and supports the …
Nigerian Breweries Completes Full Acquisition of Distell Wines and Spirits Read More
The Ministry of Finance Incorporated Real Estate Investment Fund has raised N250 billion to address Nigeria’s housing finance gap, following a strong response from private sector investors. This funding initiative …
MOFI Secures N250 Billion to Address Nigeria’s Housing Finance Gap Read More
Mozambique and Zambia signed an agreement to interconnect their energy systems, aiming to enhance electricity supply in the SADC. The $411.5 million project, led by EDM and ZESCO, includes a …
Mozambique and Zambia Sign Agreement for Enhanced Energy Interconnection Read More
Bank Windhoek’s Annual Stakeholder Engagement Session focused on AI’s transformative potential in Africa. Managing Director Baronice Hans and keynote speaker Seydina Moussa Ndiaye emphasized the need for Africa to develop …
Bank Windhoek Explores AI’s Impact on Africa’s Future Read More
Brazil’s National Nuclear Energy Commission is developing microreactors to lower diesel reliance for energy in remote areas. The project involves extensive research by IPEN and IEN, focusing on material development …
Brazil Pioneers Development of National Microreactor Technology Read More
Ghana’s energy sector is burdened by GH¢80 billion in debt, highlighting urgent financial challenges. Minister Jinapor emphasizes the need for drastic measures and collaboration with Civil Society Organisations to restructure …
Ghana’s Energy Sector Faces GH¢80 Billion Debt Crisis, Urgent Actions Needed Read More
The Zvishavane lithium processing plant is nearing completion, with operations expected to commence next month. The US$1.5 million facility has a capacity of 500 tonnes of ore per day and …
Progress on Zvishavane Lithium Processing Plant Approaches Completion Read More
ArcelorMittal South Africa seeks funding to delay the closure of its long steel business, impacting 3,500 jobs. Efforts are under negotiation with the government for financial support, with reported operational …
ArcelorMittal South Africa Seeks Funding to Delay Long Steel Business Closure Read More