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South Africa Secures $500m AIIB Loan to Strengthen Climate-Resilient Urban Services

UNCCD COP17 Opens in Mongolia, Puts Land Restoration Financing on the Global Agenda

Climate & Environment /

The 17th Conference of the Parties (COP17) to the UN Convention to Combat Desertification (UNCCD) officially opened in Ulan Bator, Mongolia, on Monday, bringing together representatives from the UNCCD’s 197 parties under the theme “Restoring Land, Restoring Hope.” Mongolian Prime Minister Nyam-Osor Uchral, opening the conference, said desertification, land degradation and drought “transcend national borders […]

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FG Opens Over 4,000 Abandoned Plateau Mine Pits to Private Investors for Energy, Tourism and Fishery Projects

Economy /

The Federal Government has identified more than 4,000 abandoned mine pits across Plateau State as potential sites for private investment in energy, tourism and fishery projects, following decades of tin mining activity in the state. Minister of Solid Minerals Development Dele Alake said the government is seeking private-sector partners willing to convert the pits —

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Bank of Industry’s Maiden N250bn Bond Oversubscribed as Institutional Investors Show Strong Appetite

Business /

The Bank of Industry Limited (BOI) says its maiden N250 billion Series 1 Fixed Rate Bond closed oversubscribed within five working days, following strong demand from institutional investors. The bond was issued through BOI Financing SPV Plc under the bank’s $1 billion Multi-Currency Instruments Programme. It drew participation from Pension Fund Administrators, commercial banks, Development

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South Africa's Economy in August 2026: Unemployment Hits 33.6% as Spending Data Shows Signs of Life | The Project Herald

South Africa’s Economy Sends Mixed Signals as Unemployment Hits 33.6%, Even as Spending Data Shows Signs of Life

Economy /

Johannesburg — 14 August 2026 South Africa’s economy delivered one of its more contradictory weeks in recent memory: a headline unemployment rate that pushed further past the 30% mark, sitting alongside payment and tourism data suggesting the economy hasn’t stalled entirely — just isn’t translating activity into jobs. The Number That Dominated Statistics South Africa’s

South Africa’s Economy Sends Mixed Signals as Unemployment Hits 33.6%, Even as Spending Data Shows Signs of Life Read More »

Africa’s Biggest Capital Raises to Watch in 2026

Business /

Africa’s financing landscape is entering a defining period as governments, corporates and development finance institutions seek fresh capital to fund infrastructure, industrial expansion and economic transformation. While project announcements often dominate headlines, it is capital mobilisation that ultimately determines whether these initiatives move from concept to execution. Several high-profile transactions are therefore worth close attention,

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Five African Infrastructure Projects Entering Procurement Before Year-End

Business /

Major infrastructure programmes across Africa are entering a decisive phase as governments, development finance institutions and private investors shift their focus from financing commitments to project delivery. While many of these initiatives have been under development for years, the coming months are expected to bring increased procurement activity, contract awards and implementation milestones. For engineering

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DRC Export Ban: Where the Next Mining Contracts Will Emerge

Business /

The Democratic Republic of the Congo’s decision to suspend exports of copper and cobalt concentrates is rapidly reshaping investment priorities across one of the world’s most strategically important mining jurisdictions. While the immediate market reaction has focused on supply disruptions and rising copper prices, the longer-term commercial story lies elsewhere. The policy is creating fresh

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the project herald report on chinese car makers

The 30% Surge: Why Chinese Carmakers Are Winning in Mexico Despite Global Trade Barriers

Business /

Mexico City, Mexico At a time when tariffs, trade disputes and geopolitical tensions dominate global headlines, one development is quietly challenging conventional thinking. Chinese carmakers are selling more vehicles in Mexico than ever before. According to industry data, sales of Chinese branded vehicles in Mexico rose by nearly 30 percent during the first half of

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oil price today see on the project herald news

When Oil Crosses $90: Why One Price Can Change Economies Around the World

Economy /

Global Energy Markets | 20 July 2026 Oil prices have climbed above $90 per barrel, reaching their highest level in more than a month as tensions around the Strait of Hormuz raised fresh concerns about global energy supplies. For many people, oil prices appear to be just another financial market headline. They are not. Oil

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