๐๐ค๐ก๐ฉ ๐๐๐จ๐ค๐ช๐ง๐๐๐จ (๐ผ๐๐: ๐๐๐พ) ๐๐ญ๐๐๐ช๐ฉ๐๐จ ๐ฝ๐๐ฃ๐๐๐ฃ๐ ๐๐๐ง๐ข ๐๐๐๐๐ฉ ๐๐ค๐ง ๐๐ช๐ฃ๐๐๐ฃ๐ ๐๐ฃ๐ ๐ฟ๐๐ซ๐๐ก๐ค๐ฅ๐ข๐๐ฃ๐ฉ ๐ค๐ ๐ฝ๐ช๐ฃ๐ฎ๐ช ๐๐ง๐๐ฅ๐๐๐ฉ๐ ๐๐๐ฃ๐, ๐๐๐ฃ๐ฏ๐๐ฃ๐๐
Volt Resources Limited @asxvolt $VRC.ax has signed a Binding Term Sheet with the Unbounded Opportunities Fund SPC to fund and advance the Bunyu Graphite Mine and Processing Plant in Tanzania. This agreement introduces a major equity partner and sets a clear development framework for increased production capacity, improved capital efficiency, and low operating costs.
๐๐๐๐ฉ ๐๐ฉ ๐ข๐๐๐ฃ๐จ
โข USD11.1 million equity investment committed on a conditional basis
โข Structure via Volt Graphite Tanzania plc with UOF to hold 62 percent and Volt 38 percent post financing
โข Revised Feasibility Study to target:
โโข USD37 million project capital cost
โโข 40,000 tpa graphite concentrate at 94 percent TGC
โโข USD450 per tonne operating cost
โข UOF to fund any capital cost overruns
โข UOF equity to reduce if unit operating costs rise more than 10 percent above target
โข New board and management structure with UOF majority representation
โข Volt responsible for debt funding, offtake agreements, land and permitting
๐๐ง๐ค๐ข ๐ฉ๐๐ ๐พ๐๐๐๐ง๐ข๐๐ฃ, ๐ผ๐จ๐๐ข๐ฌ๐ ๐๐๐๐ช๐ฃ๐๐
โThis is a significant milestone for Volt as we secure a substantial partner to provide equity funding together with project cost and management support to advance the Bunyu graphite project. We look forward to working closely with UOF to move the project to financial close.โ
๐๐๐ญ๐ฉ
โข Finalise definitive shareholder and transaction documents
โข Progress lender engagement for project debt financing
โข Advance bankable offtake negotiations
โข Complete updated feasibility study and project schedules
โข Finalise permitting and regulatory milestones in Tanzania
ASX announcement attached.
๐น๐ฟ ๐๐ผ๐น๐ฑ๐ฒ๐ป ๐ ๐ผ๐บ๐ฒ๐ป๐ ๐ณ๐ผ๐ฟ ๐ง๐ฎ๐ป๐๐ฎ๐ป๐ถ๐ฎ!
Alphonce Felix Simbu wins gold in Tokyo, in the closest World Championship marathon finish ever.
Showing the world our strength, endurance, and spirit.
A golden day for Tanzania.
@Tanzania โค๏ธ
๐๐
I just wanted to encourage my fellow men! Stay Strong and be blessed ๐ช๐
#Mondaymotivation#haveablessedweek#
Post taken from @mrghanababy page
Eid Mubarak from Breakthrough Attorneys!
Wishing you and your loved ones joy, peace, and prosperity on this blessed occasion. May your celebrations be filled with gratitude and togetherness.
#EidMubarak#BTAExcellence#BTA10
Kuna MAJIRA yanaitwa โGLORIOUS MOMENTโ, yaani ni kipindi ambacho unakuwa uko Kwenye kilele cha KIPAJI, NAFASI, MAMLAKA, FEDHA n.k
Kipindi hiki kinaweza kukusahaulisha UMUHIMU wa KUJENGA watu na KUINUA watu wengine. Utajidanganya kuwa UNAJITOSHELEZA.Matokeo yake utayaona siku MAJIRA YATAKAPOBADILIKA.
Moja ya uwekezaji mkubwa Kwenye MAJIRA haya ni KUINUA WATU wengi na kutenda MEMA ZAIDI. Kuna siku HAUTAKUWEPO HAPO,watu uliowainua ndio watakuwa Baraka yako.
Usisahau kila ULIPO Leo Kuna MTU ALIKUWEPO, na kuna siku UTAONDOKA na ATAKUJA MWINGINE. Jiwekee AKIBA ya BAADAYE.
See You At The Top
On January 31st, 2025, the High Commission of the United Republic of Tanzania to the Republic of South Africa hosted a meeting with representatives of the South African business community and investors at the Ministry of Foreign Affairs and East African Cooperationโs Sub-Office in Dar es Salaam. The South African delegation was led by Mr. Manish Thakrar, Chairperson, South African Business Forum in Tanzania(SABF).
The meeting was opened by Ambassador Said Mussa Shaib, Deputy Permanent Secretary of the Ministry of Foreign Affairs and East African Cooperation. The session aimed to facilitate dialogue between South African investors and Tanzanian government entities responsible for coordinating business and investment activities.
Attendees included representatives from:
The Presidentโs Office โ Planning & Investment (PMO);The Ministry of Foreign Affairs and East African Cooperation (MFAEAC); The Tanzania Investment Centre (TIC); The Tanzania Revenue Authority (TRA); Air Tanzania Company Limited (ATCL); The Tanzania Trade Development Authority (TanTrade); The Tanzania Ports Authority (TPA); and The Tanzania Private Sector Foundation (TPSF).
The meeting enabled a fruitful dialogue on the efforts made by the Tanzanian Government to create a conducive environment for investment; take stock of the 235 Investment Projects from South Africa in Tanzania, worth of 1 Billion USD, in the Manufacturing, Mining, Service, Tourism, Commercial Buildings and others.
It also provided a platform for the government entities to present the deliberate government efforts to facilitate Foreign Direct Investments, as well as the efforts to develop infrastructures such as the road network in Tanzania; a Standard Gauge Railway and the resumption of the ATCL's direct passengers and cargo flights between Tanzania and South Africa.
The meeting also provided a platform for South African investors to share their opinion on the ongoing fiscal policy and regulatory measures undertaken by the government with a view to strength and promote bilateral trade and investment.
The event concluded as a fruitful and productive step toward deepening economic collaboration between the two nations for mutual benefit.
"You are always going to be your worst the first time, you do something new" - Gil, SA Dragon (via @VusiThembekwayo online testimony). Let's embrace new experiences and bold decisions in 2025.ย
#Mondaymotivation#haveablessedweek
I am delighted to be certified as a professional board director by @TheIodt during the training last week at Mt. Meru Hotel, Arusha.
Great opportunity to learn about good governance and board leadership. I also met great leaders from diverse organisations.
#betterboards#iodt#
Get to know ACAP Ambassadors, Hubert Ruzibiza @Rutage (Senior Climate Finance Advisor, Africa Green Infrastructure Investment Bank), Paulino Dias (Founder and CEO PD Consult), @Joewaziri (Tax Partner @BTAttorneys), and Ifeoma Malo (Founder/CEO
@Cleantechhubng)
In partnership with GIZ Kenya, ACAP is excited to bring you expert insights that break down the Africa Climate Summit (ACS) and COP28. Our ambassadors are here to share clear explanations and actionable knowledge to help you understand and engage with these critical events.
Join us on this journey towards a sustainable future for Africa and the world. Follow us for more updates and insights from the Africa Climate Ambassadors Programme.
#ACAP2024 #AfricaClimateAmbassadors #ACAP #GIZ #AfricaClimateSummit #COP28 #Sustainability #ClimateAction
@JacobsLadder_A@TheAfricaCenter@TutuFellows@ClimateActAfric@giz_gmbh@ACAProgramme@Sellahb@Bilha_Ndirangu@James_I_Mwangi@bodo_immink@COP28_UAE@AfClimateSummit
Have you started thinking about the upcoming COP29 and future ACS?
Join me in this video as I explore my expectations of these future key convenings from the spring-board of Climate Finance here: https://t.co/Y2HSSnQH9M
#ACAP2024#AfricaClimateAmbassadors#ACAP
Meet Africa's Climate Ambassadors, Hubert Ruzibiza @Rutage (Climate Finance Advisor), Paulino Dias (Founder and CEO PD Consult), @Joewaziri (Tax Partner Breakthrough Attorneys @BTAttorneys) and Ifeoma Malo (Co-Founder and CEO Clean Technology Hub @Cleantechhubng).
In partnership with GIZ, ACAP is excited to bring you expert insights that break down the Africa Climate Summit (ACS) and COP28. Our ambassadors are here to share clear explanations and actionable knowledge to help you understand and engage with these critical events.
Join us on this journey towards a sustainable future for Africa and the world.
Follow us for more updates and insights from the Africa Climate Ambassadors Programme.
#ACAP2024 #AfricaClimateAmbassadors #ACAP #GIZ #AfricaClimateSummit #COP28 #Sustainability #ClimateAction
JacobsLadder_A @TheAfricaCenter@TutuFellows@ClimateActAfric@giz_gmbh@ACAProgramme@Sellahb@Bilha_Ndirangu@James_I_Mwangi@bodo_immink@COP28_UAE@AfClimateSummit
We spend a lot of time at work! Let's make it count ๐ช
On Saturday at wedding with my work colleagues and friends from @BTAttorneys
๐ธ @mndendeule
https://t.co/EEomQOBFMx
THREAD: Makosa ya kuepuka unapoandika proposal, concept note au expression of interest. Wengi wetu wenye taasisi, asasi au kampuni inatulazimu kuandika proposal au concept note kuweza kupata fedha kama mtaji au kuendesha miradi au strategic partnerships;