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CoreMarine and Jumbo Offshore win contract for FLNG mooring installation in Argentina
2 days ago
NASA awards $76m data science contract to Development Seed for Marshall space flight center
2 days agoFinance Monitor
AfDB's SEFA launches $20 million green hydrogen facility for African projects
The African Development Bank's Sustainable Energy Fund for Africa (SEFA) has launched a Green Hydrogen Programme call for proposals, offering up to $20 million in pre-investment financing for three to five projects. The reimbursable grants will support feasibility studies, engineering design, and transaction advisory services to advance projects toward final investment decision.
AfDB approves $10.4 million grant for Ghana's public financial management reforms
The African Development Bank has approved a $10.41 million grant to strengthen Ghana's public financial management, improve domestic resource mobilisation, and prepare a new national development plan. The SIEFEG project targets spending oversight, gender equality, and climate resilience amid recent macroeconomic improvements including reduced inflation and fiscal deficit.
GELEX Infrastructure closes $200 million oversubscribed syndicated loan with HSBC
GELEX Infrastructure has successfully raised a $200 million syndicated loan arranged by HSBC, attracting participation from 19 international financial institutions. The facility was more than twice oversubscribed, marking the company's debut international syndicated financing and supporting its long-term infrastructure investment plans.
Tech Watch
NCC and NIELIT partner to develop cyber security workforce through structured cadet training
The National Cadet Corps has entered into a strategic partnership with the National Institute of Electronics and Information Technology to launch a dual-stage cyber security capacity building initiative. This program aims to equip cadets with foundational digital hygiene and advanced defense skills to support national digital security objectives.
NASA awards $76m data science contract to Development Seed for Marshall space flight center
NASA has selected Development Seed for a $76 million indefinite-delivery/indefinite-quantity contract to provide R&D services to the Office of Data Science and Informatics at Marshall Space Flight Center. The contract includes a two-year base period with three one-year options through June 2031.
BAE Systems OneArc secures VBS4 enterprise license upgrade with Norwegian military
BAE Systems OneArc has been selected by the Norwegian Armed Forces for an enterprise license upgrade to VBS4, its virtual training platform. The multi-year agreement includes VBS Builder Edition, Blue IG, software support, and training services, advancing virtual mission rehearsal and interoperability with Nordic defence partners.