Finance
AfDB approves US$8 million guarantee for Exim Bank Djibouti
The five-year facility will support trade finance for industry, green energy and local businesses.
NEWSVERUM / Global briefing
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Environment
AfDB-backed circular-electronics programme launches across 16 countries
The US$60 million GEM programme’s first phase includes nine African countries.
Economy
Addis Ababa forum urges African governments to use natural-capital accounts in policy
Government, statistics and finance representatives at the forum called for the value of forests, water, land, minerals and biodiversity to feature more in economic decisions.
Finance
AfDB discusses trade-finance access with Rwandan commercial banks
At a Kigali meeting, AfDB and Rwandan banks discussed business access to import and export finance and regional trade.
Finance
AfDB and Equity Bank Kenya sign US$60 million trade-finance guarantee
The facility aims to widen Kenyan businesses’ access to financing for eligible import and export transactions.
Business
Chile weather weighs on Anglo American’s third-quarter copper output
Anglo American said copper production across its operations fell 5% year on year to 174,900 tonnes in the quarter ended 30 September 2026. The company attributed the decline to severe winter weather in Chile and the use of lower-grade stockpile ore at Collahuasi.
Infrastructure
AfDB and IsDB deepen talks on Algeria’s Algiers–Tamanrasset rail corridor
A joint AfDB–Islamic Development Bank mission examined the southern rail corridor, which is intended to connect agricultural, mineral and industrial goods with markets.
Business
ABB third-quarter orders rise 40%
ABB reported third-quarter 2026 orders of $12.055 billion on 20 October, up 40% year on year. Revenue increased 14% to $9.701 billion, while operational EBITA rose 24% to $2.026 billion.
Business
White Gold reports new gold drill results at Golden Saddle and VG
White Gold reported first assays from its 2026 drilling at the Golden Saddle and VG deposits in Yukon. Results included 1.47 g/t gold over 38.08 metres, including 5.13 g/t over 7.88 metres at Golden Saddle, and 2.53 g/t over 18.90 metres at VG.
Infrastructure
Valencia and Alicante coasts impose mobility restrictions during DANA Adam
The Valencian government imposed temporary mobility restrictions on the southern Valencia and northern Alicante coastal belts on October 19 amid heavy rain and flood risks from DANA Adam. The order provides exemptions for essential services.
Business
Volta raises Springer indicated rare earth resource to 122.4 million tonnes
Springer’s indicated rare earth resource in Ontario rose 116% to 122.4 million tonnes. A first supplementary gallium estimate reports in-situ content, but assigns gallium no economic value.
Energy
Vega Solar receives public-utility declaration for 39.93 MW project
Spain’s energy directorate granted a public-utility declaration for the 39.93 MW Vega Solar photovoltaic plant and evacuation infrastructure spanning Guadalajara and Madrid provinces. The decision was published in the BOE on 19 October.