Quebec Phosphate Developer Rallies 14% on US$212M Debt Support

Securing non-dilutive, sovereign-backed credit backing provided an immediate valuation boost for battery-materials developers today, illustrating how major capex financing milestones move critical mineral assets closer to commercial construction. When a European export-credit agency issues formal support to cover over US$200 million in mine equipment financing, the market re-prices the developer’s execution runway and project credibility.…

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How family feuds led to bankruptcy of Kamotho children

A bitter fallout between two children of Moi-era Cabinet minister John Joseph (JJ) Kamotho and their mother contributed to the financial distress that eventually culminated in the siblings being declared bankrupt over Sh4.83 million in legal fees. The High Court declared Marianne Nyokabi Kamotho and David Waweru Kamotho bankrupt after they failed to settle legal…