Business News

FG Gold Limited (“FG Gold”) is pleased to announce that it has achieved financial close and the first drawdown on its US$330 million Senior Debt Financing with Africa Finance Corporation (AFC) and the African Export-Import Bank (Afreximbank), for its Baomahun Gold Project, marking the development of Sierra Leone’s flagship large-scale commercial gold mine.

Following a joint review, the government of the Democratic Republic of Congo (DRC) and the African Development Bank Group (AfDB) have approved a plan to improve the performance of the institution's project portfolio in the Central African country.

Policybazaar, one of India's largest online insurance platforms, announced a significant expansion of its global investment portfolio for Non-Resident Indians by enabling direct US dollar–based investments through GIFT City.

In response to the recent Budget, Richard Walker, CEO of Iceland said: “This is a much needed shot in the arm for the high street. I’ve long argued for business rate reform, and at last we are seeing it.

The GMB Union has responded to the National Minimum Wage and National Living Wage, announced by the Chancellor of the Exchequer.

In a video message posted today, the Chancellor of the Exchequer, Rachel Reeves said: “I know that the cost of living is still the number one issue for working people and that the economy isn't working well enough for those on the lowest incomes. 

The Board of Directors of the African Development Fund has approved a grant of $14.64 million to support Project 2 of the Programme to Strengthen Resilience to Food and Nutrition Insecurity in the Sahel (P2-P2RS) in Abidjan on 21 November 2025.

The Chancellor will deliver a Budget later today [26 November] that takes the fair and necessary choices to deliver on the Government’s mandate for change.

President and CEO Johan Westman has exercised warrants and acquired 9,392 shares in the company, with his total shareholding in AAK now amounts to 73,000 shares.

Responding to the Public Sector Finances statistics for October 2025, Chief Secretary to the Treasury James Murray said: “Currently we spend £1 in every £10 of taxpayer money on the interest of our national debt.

Orbit Fab, the in-orbit logistics company pioneering space sustainability and developing long-term space solutions, have announced its latest milestone toward refuelling satellites in orbit.

While most European insurers debate AI strategies in boardrooms, IMA Iberica has quietly deployed the continent's largest Google Agent Assist implementation.

Eleven of the region’s leading businesses ‘made history’ last night when they were named the ‘Best in the Black Country’ at a glittering ceremony in front of 450 people at the University of Wolverhampton at The Halls.

GBG, the global identity technology business enabling safe and rewarding digital lives, has selected Amazon Web Services, Inc. (AWS), as its preferred cloud provider to accelerate growth globally while simplifying operations, strengthening compliance, and unlocking new opportunities for innovation.

The Ascott Limited (Ascott), the wholly owned lodging business unit of CapitaLand Investment (CLI), has launched the Disability Inclusion Playbook for the Accommodation Sector.

Following the announcement on its new stadium, by Birmingham City FC, NTE (Night Time Economy) Ambassador for Birmingham and music consultant, Lyle Bignon, said: "The bold and unique design for Birmingham City FC's new stadium - The Powerhouse - marks an extraordinary moment in the Club's history.