Latest news with #Kore
Yahoo
2 days ago
- Business
- Yahoo
Kore Potash Secures $2.2 Billion Term Sheet For Project In Republic of Congo
United Kingdom-based potash developer Kore Potash has signed a non-binding term sheet agreement with Swiss investment platform OWI-RAMS to secure $2.2 billion in financing for its flagship Kola Project in the Republic of Congo (Congo-Brazzaville). The agreement is a dual-structured funding package with approximately $1.53 billion in senior secured project finance (70%) and around $655 million in royalty financing (30%). "The signing of these term sheets represents a pivotal step forward in realizing the full potential of the Kola Project. By securing a less dilutive funding structure aligned with long-term sustainability and value creation, we are safeguarding shareholder interests while advancing food security in Africa and beyond," David Hathorn, Chairman of Kore Potash, said in a statement. Under the terms, the senior secured facility—structured to comply with Shariah principles—will carry a fixed profit payment between 6.8% and 9.3% annually, with repayments deferred through the 49–to 50–month construction phase and amortized over 7 to 8 years. Although non-binding, the agreement represents a milestone in Kore's efforts to bring Kora to production. However, implementing this plan is contingent upon Kore fulfilling several requirements, including appointing a third-party project monitor, finalizing an operator agreement, mitigating political risk, and expanding its internal project execution team. The royalty finance facility introduces a quasi-equity model. OWI-RAMS will receive 14% of the gross revenue during the loan repayment period, increasing to 16% upon full repayment. This arrangement enables Kore to prevent equity dilution, thereby safeguarding shareholder value. Furthermore, OWI-RAMS is granted the right to acquire up to 100% of the mine's muriate of potash (MoP) output at prices aligned with the market for the entire 23-year project duration. The Kola project, located in the Sintoukola Basin, is 97% owned by Kore and is expected to produce 2.2 million tons of MoP annually, totaling approximately 50 million tons over its life. Kore also owns the nearby Dougou Extension project. Potash is a vital agricultural nutrient used in fertilizers, with no known substitutes for its potassium content, essential for plant growth and human and animal nutrition. The latest U.S. Geological Survey showed that global demand for potash remains robust at 40.9 million tons in 2025, driven by food security needs, population growth, and concerns over soil health. Read Next:Mining image via Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? This article Kore Potash Secures $2.2 Billion Term Sheet For Project In Republic of Congo originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.
Telegraph
3 days ago
- Business
- Telegraph
‘I hope my haircare brand will help more women access sport'
Hard-working property lawyer Bella Kagoma's technique for managing her daughter's hair after swimming led her to an idea that could change her life. Kagoma's fitness-focused haircare idea won the Rising Star category in the Adobe Express Your Innovation competition. It was run in partnership with Telegraph Media Group, and judged by entrepreneur Paul Lindley, founder of Ella's Kitchen. Her nascent business targets a gap in the market spotted by Kagoma: a lack of haircare products for active women with Afro-textured hair. If they wash it more than once a week, they can be left with very dry hair, and if they exercise often, they have to deal with sweat build-up between washes. Kagoma says that research (by the Perception Institute) shows that while one in 10 white women don't take part in sports due to worries about its effects on their hair, that figure rises to three in 10 for black women. Kagoma hopes to get her products into bathrooms across Britain, and believes that Lindley can help her build her own brand, called Kore (pronounced 'core'), after she was named one of the winners of the competition sponsored by Adobe Express, which helps entrepreneurs supercharge their businesses with stand-out socials in seconds, for free. Kagoma met Lindley on a sunny day in the University of Reading, where he is chancellor. With three children aged eight, three and eight months, Kagoma was keen to learn from Lindley's experience of launching Britain's most successful baby food brand, which now has a global annual turnover of £87 million. Kagoma, who is currently mixing and testing out formulations in her own kitchen, explains: 'Afro-textured hair requires more maintenance. My haircare line will help people maintain their hair during the week between washes. I hope it will encourage more people to do sport.' It is a personal journey that led Kagoma to the idea. 'My daughter, who's eight years old, is very active and swims regularly,' she says. 'I do my daughter's hair for school and when she was swimming, I realised that her hair was really dry. It occurred to me there isn't actually anything in the market that looks after Afro-textured hair after fitness.' Kagoma says she has a good idea of what will go into her final product and is doing a course in formulation so she can design the products herself, an experience similar to Lindley, who started Ella's Kitchen at his own stove while working at the children's TV channel Nickleodeon. With Adobe Express, she can also design her product's logo, label and marketing collateral to get her brand started. Kagoma's prize includes mentoring sessions with both Lindley and Drucilla Burrell, creative director at Adobe Express. 'I want to understand how it worked for Paul, especially at the beginning, when he was trying to find the right products to bring to market,' she says. 'I'm excited that Adobe is part of the project as well, helping bring ideas to life.' Lindley believes that businesses started by founders who are immersed in the problem they aim to address tend to have an advantage. He talks of getting to know US entrepreneur Richelieu Dennis, who founded Shea Moisture in the 1990s, which addressed a similar issue. Dennis's business Sundial Brands was sold to Unilever in 2017 for $1.6 billion (£1.2 billion). 'The products out there do not address the problem that Bella's found,' says Lindley. 'There's a gap in the market because of the clear focus of who the consumers are.' He adds that his own failure in the cosmetics market taught him important lessons that he can pass on. 'I've started two businesses, and Ella's Kitchen was very successful,' says Lindley. 'But I also started a business called Paddy's Bathroom (Ella is my daughter, Paddy is my son), which was personal care products for children with a very similar vibe and brand positioning to Ella's Kitchen.' Paddy's Bathroom launched into the big supermarkets but failed to cut through and make a profit. 'I learnt a lot from that failure, and a lot about the marketplace,' he explains. Now he hopes he will be able to pass on to Kagoma how price-sensitive the cosmetics category is and what distribution channel is right for her brand. He advises that she should start with a 'lean' approach, and create a minimum viable product, rather than trying to build a factory herself. 'I understand the challenges of that marketplace: getting the price point affordable, getting the distribution, the marketing and the partners all right,' says Lindley, who hopes that he can help Kagoma get the message out to consumers. Lindley was keen to introduce Kagoma to the University of Reading as it is a leader in research and development for food, beauty products and biomedical devices, and indeed helped him formulate his products for Ella's Kitchen years ago. 'Don't lose your authenticity,' Lindley advises Kagoma. 'Make a note to yourself with 10 things about why you have set your business up so you know why you are doing it. That will guide you, especially when difficult decisions need to be made.' When asked who she sees as the ideal role model for her business, Kagoma replies: 'I think it's me. I am a busy mum of three who also has a great day job, and I am juggling everything. I want to show my children what can be achieved.' Learn more about the quick and easy create-anything app at
Hindustan Times
03-06-2025
- Health
- Hindustan Times
10 kg dumbbell set: Top-rated picks of 2025 to support your strength training
Do you want to improve your at-home workouts, get stronger, or tone up? The ideal equipment for stepping up your exercise regimen is a 10 kg dumbbell. It is small, strong, and very adaptable, which makes it perfect for core exercises, squats, lunges, arm toning, and more. You don't need heavy gym equipment to test your boundaries and target various muscle areas. Both men and women who want to stay active at home or gain strength will benefit greatly from it. The ideal balance for good outcomes is to be heavy enough to feel the burn but light enough to handle. This is your cue if you have been putting your workouts on hold. Learn the advantages of going for a 10 kg dumbbell set. Include the best 10 kg dumbbell set in your home gym and enhance your training: This 10 kg Amazon Basics dumbbell has a sturdy cast-iron core, rubber-encased hex ends to stop rolling, and a textured chrome handle for a firm grip. It is made to last and function well. This 10 kg dumbbell set is excellent for at-home exercises that focus on the arms, legs, chest, back, and core, making it perfect for full-body strength training. Amazon basics Rubber Encased Hex Dumbbell Weight Set Of 2, 10 Kg,Black Four 2.5-kilogram PVC plates and two 14-inch dumbbell rods with nuts are included in this Kore 10 kg dumbbell set, providing novices and aficionados with an adjustable exercise alternative. Sturdy and simple to put together, it is perfect for endurance and muscle building. This combination, made for home gyms, allows you to experiment with different exercises in a small, affordable configuration. Kore DM-10KG-COMBO16 Home gym & Fitness Kit, 2.5 kg x 4 (PVC, Adjustable, Black) The 10kg PVC hex dumbbell set from Lifelong will give your at-home workouts more resistance. The non-slip 10 kg dumbbell has a pleasant grip, is convenient to store, and is ideal for step, aerobic, and strength training exercises. It assists in burning calories, increasing endurance, and toning muscles. Moreover, it is made for both men and women. It comes with a 6-month warranty against manufacturing defects. Lifelong PVC Dumbbells Pack of 2 for Home Gym Fitness Barbell (6 Month Warranty) This RUBX 20-kilogram dumbbell set is professional-grade, heavy-duty, and constructed with a solid iron core and rubber coating to protect the floor. The handles' chrome coating makes it comfortable to hold, which makes it perfect for vigorous strength training. The 10 kg dumbbell is ideal for serious lifters who want to gain muscle at home or in the gym because it is long-lasting, non-slippery, and safe to use on floors. ALSO READ: Best supplements for glowing skin: 10 top picks to reduce blemishes and boost collagen RUBX Rubber Coated Professional Exercise Hex Dumbbells (Pack of Two) 7.5 Kg x 2pc (Total = 15 kg) The ergonomic chrome-plated handles of KORE's rubber hex dumbbells have a knurled grip, thick rubber ends for floor protection, and an anti-roll hex design. These 10 kg dumbbell sets are perfect for strength training and muscle building at home or in the gym because they require no maintenance and are incredibly resilient. Long-lasting and manageable, they are ideal for people of all fitness levels. KORE DM-HEXA-5KG-COMBO16 Dumbbells Kits, Rubber, Black The FitBox 10 kg hex dumbbell set has a space-saving design, a non-slip grip, and a long-lasting PVC covering. It is ideal for at-home workouts because of its hex form, which keeps it from rolling. The dumbbell offers a variety of workouts with safe and easy handling, making it perfect for strength training, HIIT, and toning. Ideal for both men and women, it can help maintain fitness with less equipment. FitBox Sports 10kg Hex Dumbbells Set (5kg x 2) Exercise and Fit, Blend;Polypropylene (PP), Black FitBox's 10 kg adjustable dumbbell set comes with two bars with safety nuts and four 2.5 kg weight plates. This set is small, strong, and convenient to store because it is made of alloy steel and vinyl-coated PVC. Exercise safety is guaranteed with anti-slip handles and a reliable locking mechanism. It is ideal for novices and home gym setups, and it readily adjusts to your strength training requirements. FitBox Sports Alloy Steel Intruder 10 Kg Adjustable Dumbbells Weights, 5 Kg x 2 (Black) The 20-kilogram dumbbell set from Klikfit has heavy-duty construction for long-lasting use and circular, rubber-coated heads. These dumbbells, which are simple to hold and anti-skid, are excellent for full-body exercises like functional training, HIIT, and isolation. They are perfect for both home and business use because they are made to be strong, toning, and fat-burning. RUBX Rubber Coated Professional Exercise Hex Dumbbells (Pack Of 2) 10 Kg X 2Pc (Total = 20 Kg), Black Six weights and a small stand are included in this 10 kg dumbbell set. Its hexagonal shape, quick ID colour marking, and non-slip grip make it an excellent choice for resistance training. Perfect for all levels of fitness programs and at-home activities, this dumbbell set is safe for interior surfaces, long-lasting, and convenient to store. ALSO READ: Best fish oil supplement: Top 10 options to try in 2025 for heart, brain and joint support Amazon Brand - Symactive Neoprene Coated 7 kg Dumbbell Combo | Non-Slip Grip | Weight Numbers Printed on Cap | Resistance Training | Set of 2-0.5/1/2 kg | Multicolour This 10 kg dumbbell set may provide a fashionable, high-performing strength training alternative with its rubber-coated solid iron heads and excellent dumbbell handles. Ideal for developing shoulders, arms, and other body parts, the floor-safe, anti-slip, and long-lasting dumbbell is made to withstand strenuous lifting sessions while safeguarding your hands and the environment. RUBX Rubber Coated Professional Round Dumbbells (Sold in Pair) (10 Kg x 2pc (Total = 20 kg)) YELLOW 10 kg dumbbell Weight Type Material and coating ● Material and durability: Opt for solid cast iron or rubber-coated dumbbells for long-term durability. PVC is more affordable but may wear faster. ● Grip and handle design: Look for ergonomically designed, textured or knurled chrome handles to ensure a secure, non-slip grip during intense workouts. ● Shape: Hexagonal dumbbells prevent rolling, which makes them safer and more convenient for home use compared to round ones. ● Adjustability: Adjustable sets offer versatility with multiple weight configurations. They are ideal if you want to scale your workouts. ● Floor protection: Choose rubber-coated or neoprene-coated options to avoid scratches, reduce noise, and protect flooring. ● Usage goals: For strength training and muscle building, go for solid or rubber hex sets. If you are into light resistance and toning, PVC or neoprene sets work well. Cross trainer for home: Top 8 picks for weight loss and cardio fitness Foldable treadmill for home: Strengthen your joints and muscles with these 8 picks Best 5 kg dumbbell sets for beginners: Start your fitness journey with these top picks of 2025 Yes, dumbbells are ideal for beginners. Start with lighter weights, focus on form, and gradually increase resistance to build strength, endurance, and muscle safely. Dumbbells work various muscles, including biceps, triceps, shoulders, chest, back, core, and legs. They are versatile for both isolation exercises and full-body strength training routines. Fixed dumbbells are sturdy and ready to use, ideal for quick workouts. Adjustable ones save space and offer variable weights, making them more versatile for home gyms. Wipe dumbbells with a damp cloth and mild soap. For rubber or neoprene types, avoid harsh chemicals. Regular cleaning helps maintain hygiene and extends product life. Disclaimer: At Hindustan Times, we help you stay up-to-date with the latest trends and products. Hindustan Times has an affiliate partnership, so we may get a part of the revenue when you make a purchase. We shall not be liable for any claim under applicable laws, including but not limited to the Consumer Protection Act, 2019, with respect to the products. The products listed in this article are in no particular order of priority.
Scottish Sun
04-05-2025
- Entertainment
- Scottish Sun
Love Island star reveals very normal job with 5am starts after career change
Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A LOVE Island star has switched up her influencer lifestyle for a normal job with an eye-wateringly early 5am start time. The ITV2 beauty, who failed to find lasting love on the winter version of the matchmaking series in 2023, has been busy getting skilled-up for her new role. Sign up for the Entertainment newsletter Sign up 7 A Love Island star has revealed her very normal new job - complete with 5am starts 7 Claudia Fogarty has trained to be a reformer Pilates teacher Credit: Instagram/@claudiafogarty 7 The Blackburn lass told how she was starting her day at 5am for her new fitness instructor role Credit: Instagram/@claudiafogarty Claudia Fogarty fans can now take her reformer Pilates classes after she bagged her fitness qualifications and a job at a local studio. The Blackburn lass, 30, who owned a fashion boutique, can now be found on the reformer bed at Kore in Preston. She took to her Instagram Stories this week to capture her pre-timetable photoshoot before posting an image showing her holding a mantra card above the chic fitness equipment. It read: "I love the person I am and I love the person I am becoming." In her caption, she wrote: "The 5am get up has started! "My first day teaching at Kore Reformer Pilates." The star has regular classes on the schedule, including on Thursday and Friday mornings She also works weekends, dedicating her Saturday mornings to the studio. Claudia is following in the footsteps of her mum Michelle, who works as a fitness coach. Claudia Fogarty fears ex Casey O'Gorman fallout as he 'breaks bro code' and goes after best pal Tom Clare's girl It also comes just months after she helped raise £8,000 for charity after taking part in a relay Marathon in Rome. Claudia previously ran the clothing boutique Sister Stories with sister Danielle. The brand was described as selling "high-end and premium brands for women in the heart of the Ribble Valley [Lancashire]". ON SCREEN Claudia was coupled up with Casey O'Gorman on Love Island 2023 before he had his head turned by Casa Amor's Rosie Seabrook. Despite their time together coming to an end in the villa, they then grew close again once on the outside. The pair described their relationship as "friends with benefits" - but later went their separate ways. Casey then went on to feature in the 2025 All Stars spin off, winning the show with now-girlfriend Gabby Allen. 7 She found fame in Love Island's 2023 series Credit: Rex 7 The businesswoman also previously ran a fashion boutique Credit: Getty 7 Claudia underwent a photoshoot at Kore before starting teaching this week Credit: Instagram/@claudiafogarty
The Sun
04-05-2025
- Entertainment
- The Sun
Love Island star reveals very normal job with 5am starts after career change
A LOVE Island star has switched up her influencer lifestyle for a normal job with an eye-wateringly early 5am start time. The ITV2 beauty, who failed to find lasting love on the winter version of the matchmaking series in 2023, has been busy getting skilled-up for her new role. 7 7 Claudia Fogarty fans can now take her reformer Pilates classes after she bagged her fitness qualifications and a job at a local studio. The Blackburn lass, 30, who owned a fashion boutique, can now be found on the reformer bed at Kore in Preston. She took to her Instagram Stories this week to capture her pre-timetable photoshoot before posting an image showing her holding a mantra card above the chic fitness equipment. It read: "I love the person I am and I love the person I am becoming." In her caption, she wrote: "The 5am get up has started! "My first day teaching at Kore Reformer Pilates." The star has regular classes on the schedule, including on Thursday and Friday mornings She also works weekends, dedicating her Saturday mornings to the studio. Claudia is following in the footsteps of her mum Michelle, who works as a fitness coach. Claudia Fogarty fears ex Casey O'Gorman fallout as he 'breaks bro code' and goes after best pal Tom Clare's girl It also comes just months after she helped raise £8,000 for charity after taking part in a relay Marathon in Rome. Claudia previously ran the clothing boutique Sister Stories with sister Danielle. The brand was described as selling "high-end and premium brands for women in the heart of the Ribble Valley [Lancashire]". ON SCREEN Claudia was coupled up with Casey O'Gorman on Love Island 2023 before he had his head turned by Casa Amor's Rosie Seabrook. Love Island winners - where they are now EVERY year Love Island opens its doors to more sexy Islanders who are hoping for a holiday romance that could turn into more. Here we take you through all of the Love Island winners so far and what their relationship statuses are now: 2025 - The second series of All Stars saw Gabby Allen and Case O'Gorman scoop the crown. STATUS: Still together. 2024 - The summer Love Island saw Mimii Ngulube and Josh Oyinsan were crowned the winners. STATUS: Broken up. 2024 - The first ever All stars spin off show was won by Molly Smith and Tom Clare. STATUS: Still together. 2023 - Jess Harding and Sammy Root took home the 50k, and won the summer 2023 Love Island. STATUS: Broken up. 2023 - The first series of 2023 saw Sanam Harrinanan and Kai Fagan crowned Love Island winners in South Africa. STATUS: Still together. 2022 - Davide Sanclimenti and Ekin-Su Cülcüloğlu's time in the villa was anything but a smooth ride, but they managed to win the public's hearts - and the ITV2 reality show. STATUS: Broken up. 2021 - Liam Reardon and Millie Court were announced winners of Love Island 2021. STATUS: Still together. 2020 - The first ever winter Love Island saw Paige Turley and Finn Tapp crowned winners after falling in love on the show. STATUS: Broken up. 2019 - Series 5 saw Tommy Fury and Molly-Mae Hague runners up to winners Greg O'Shea and Amber Gill, who met in the last few days of the series. STATUS: Broken up. 2018 - It wasn't surprising fan favourites Jack Fincham and Dani Dyer won the show, as they were strong throughout. But sadly things didn't last. STATUS: Broken up. 2017 - Kem Cetinay and Amber Davies had lots of ups and downs in the villa but went on to win. STATUS: Broken up. 2016 - Nathan Massey and Cara De La Hoyde were together from the start of the series, and since they won the show they've had two kids and are married. STATUS: Still together. 2015 - Despite poor Jess Hayes being Max Morley's second choice on the show, they did win - but they didn't last as a couple. STATUS: Broken up. Despite their time together coming to an end in the villa, they then grew close again once on the outside. The pair described their relationship as "friends with benefits" - but later went their separate ways. Casey then went on to feature in the 2025 All Stars spin off, winning the show with now-girlfriend Gabby Allen. 7 7 7 7
