Content Types: ArticleRegions & Countries: DR CongoUSAIndustries: Agribusiness
Kuramo Capital Management, an Africa-focused alternative investment management firm headquartered in New York, has participated in a $17.5 million private placement for Feronia Inc, an agribusiness operating in the Democratic Republic of Congo.
Content Types: ArticleRegions & Countries: DR CongoChinaIndustries: Minerals & Resources
Publicly listed gold mining company Banro Corporation has announced that it has signed definitive agreements with Chinese mining investment fund Resource FinanceWorks in a combined equity private placement, term loan facility and gold streaming transaction related to the publicly-listed firm’s Twangiza mine worth $98.75 million. The transaction, which is subject to customary conditions and regulatory approvals is expected to closed in January...
China's Sinohydro and China Railway Group will finance a $660 million hydroelectric plant in southeastern Democratic Republic of Congo which is being built to reduce the copper-mining region's power deficit.
Boulos & Cooper Pharmaceuticals (BCP), a privately owned Adelaide, South Australia-based developer of novel class antimicrobials, may seek strategic investors to raise funds as it moves towards the next phase of growth, CEO Dr Ramiz Boulos said.
Freeport-McMoRan Inc. agreed Monday to sell its stake in an African copper operation to a Chinese mining-and-processing firm for $2.65bn, as the Phoenix-based miner looks to pay down debt amid a stream of similar moves by big miners.