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Diamcor closes final tranch of offering, bringing total to C$2m
Published: 03 Jul 24
Diamond producer Diamcor Mining has closed a second and final tranche of C$600 300 of its previously announced non-brokered private placement, bringing the total of the offering to about C$2-million. The company previously announced the close of a first tranche of the offering for gross proceeds totalling about C$1.4-million on June 4. Existing insiders, management and directors and larger shareholders subscribed for an aggregate of about $1.37-million of the offering.
IATA Africa and the Middle East regional VP Kamil Al-Awadhi Speakers highlight role of aviation in improving connectivity, economic growth
Published: 03 Jul 24
The International Air Transport Association (IATA), on the first day of its Wings of Change Focus Africa conference, held in Johannesburg, South Africa, emphasised the need for African governments to take advantage of a strengthening aviation sector to maximise its benefits for economic and social development across Africa. During a media briefing at the event, IATA senior VP for sustainability and chief economist Dr Marie Owens Thomsen described Africa as “hitting below its weight in terms of the global economy”.
Webber Wentzel partner Priyesh Daya Priyesh Daya appointed to ICC International Court of Arbitration
Published: 03 Jul 24
Law firm Webber Wentzel partner Priyesh Daya has been appointed as a member of the International Chamber of Commerce's (ICC’s) International Court of Arbitration for a three-year term starting on July 1. The ICC Court is the world's leading arbitral institution, facilitating the resolution of international commercial and investment disputes.
Germany launches electric truck charging network to decarbonise transport
Published: 03 Jul 24
The German government on Wednesday launched a project to build up a nationwide fast-charging network for heavy duty vehicles as Berlin aims to decarbonize the transport sector by 2045. Greenhouse emissions in Europe's biggest economy fell to the lowest level in 70 years in 2023, but the transport sector has consistently failed to meet its climate targets.
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