Mota-Engil lines up $1bn US-backed concession for Congo copper railway
Mota-Engil is set to sign a 30-year concession to rehabilitate and operate the DRC section of the Lobito Corridor railway, backed by up to $1bn in US financing.
Mota-Engil is set to sign a 30-year concession to rehabilitate and operate the DRC section of the Lobito Corridor railway, backed by up to $1bn in US financing.
African Pioneer signed a definitive financing and technical services agreement with Hong Kong's Xinhai Mining Services on 30 July 2026, under which Xinhai funds development of its Ongombo and Ongeama copper projects in Namibia via a secured loan.
Bannerman Energy says bulk earthworks at its Etango uranium project in Namibia are 92% complete, with over 560 people on site, as it heads toward a final investment decision once financing with a Chinese partner closes.
Setrag signed a €312m financing agreement with the IFC and Proparco on 20 July 2026 for the third phase of modernising the Trans-Gabon Railway, the line that carries manganese ore from Moanda to the Atlantic coast.
Tanzania's deputy minister of minerals has urged Mantra Tanzania to accelerate financing and construction of the long-delayed Mkuju River uranium project, which faces a 2028 licence deadline.
World Bank financing for the DRC's Inga 3 hydropower project took effect on 2 February 2026, prompting President Tshisekedi to order cooperation agreements finalised within 60 days.