Windhoek, Khomas, Namibia, 12th Feb 2026 – Trustco Group Holdings Ltd (“Trustco”) confirms that Meya Mining Limited (“Meya”), in which Trustco holds a minority interest, has secured a USD 25 million (NAD 400 million) financing facility with Ecobank Sierra Leone Limited, supported by Ecobank Ghana Plc. The funding marks a significant milestone as Meya advances toward full commercial diamond production under its 25-year exclusive mining license in Sierra Leone’s Kono District.

The signing ceremony took place on the opening day of the Africa Mining Indaba 2026 in Cape Town, South Africa. According to Meya, the facility will be deployed toward advanced diamond processing equipment, mining vehicles and supporting infrastructure.

Meya’s shareholders have to date invested in excess of USD 100 million in the development of the resource and initial establishment of the mine. The financing represents a significant vote of confidence by a leading pan-African banking group in the quality, scale, and long-term geo-economic potential of the Meya diamond asset.

According to Meya, the facility is expected to stimulate local supply chains by routing payments through Sierra Leonean accounts, creating and sustaining over 400 direct jobs with more than 90% of employees sourced locally, and strengthening Sierra Leone’s position in the global diamond industry through traceable, responsibly mined stones. The transaction is also expected to encourage further investment in beneficiation, including cutting and polishing, to maximise national value capture.

Quinton Z van Rooyen, Deputy Group CEO of Trustco

As previously disclosed, Trustco’s exposure to Meya comprises an indirect equity interest and a loan receivable of approximately USD 46 million. Trustco therefore remains both a long-term stakeholder in the project and a significant creditor with a direct economic interest in the sustainable advancement, value preservation, and orderly commercialisation of the mine.

Quinton Z van Rooyen, Deputy Group CEO of Trustco, commented: “The decision by Ecobank to commit USD 25 million to Meya is a powerful external validation of what we have long maintained – that the Meya asset is of exceptional quality with multi-generational potential. For Trustco, as both equity holder and significant creditor, this facility de-risks the path to commercial production and brings us closer to realising the full value of our investment. It also sends a clear signal to the broader market that serious institutional capital is now flowing into this project.”

Shareholders are advised that the facility has not been concluded at Trustco level. Trustco has not approved the facility at board, shareholder, subsidiary, or group level, and has not provided any guarantees, sureties, undertakings, consents, or security in respect thereof. The facility does not constitute a transaction by Trustco requiring categorisation or approval under the JSE Listings Requirements.

The full press release issued by Meya Mining and Ecobank is available for viewing at the following link: https://www.facebook.com/share/p/1F4B2GR4Tk/?mibextid=wwXIfr

Shareholders will be kept informed of any further developments that are price-sensitive or otherwise require disclosure.

About Trustco:

Trustco Group Holdings Limited is a holding company headquartered in Windhoek, Namibia, that owns subsidiaries engaged in diverse business activities spanning the real estate, mining, insurance, micro-finance, and education sectors.

About Namibia:

Namibia is a Southern African country with a population of approximately three million and a GDP per capita of USD 4 413 in 2025 (IMF). The country is endowed with rich natural resources, with recent major discoveries of oil and gas reserves, lithium deposits and rare earth minerals that are vital for technology demand globally, with developments also underway in its green hydrogen projects. The Namibian government has heralded these discoveries as a transformative period, holding the potential to double the nation’s GDP by 2040.

The country’s economy is projected to have expanded by 3.6% in 2025 and is projected to expand by 3.8% in 2026 (IMF). With its wealth of natural resources, pro-business environment, political stability and increasingly skilled workforce, Namibia offers attractive investment prospects across all sectors.

Forward-Looking Statements:

All statements made in this media release with respect to Trustco’s current plans, estimates, strategies beliefs and other statements that are not historical facts, are forward-looking statements. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “target,” “will,” or “would,” or the negative of these words or other similar terms or expressions. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. The Company may not actually achieve the plans, intentions or expectations disclosed in its forward-looking statements, and you should not place undue reliance on these forward-looking statements. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

Media Contact

Organization: Trustco Group Holdings

Contact Person: Neville Basson

Website: https://www.tgh.na

Email: Send Email

Contact Number: +264612754501

Address:2 Keller Street, Trustco House

Address 2: Windhoek

City: Windhoek

State: Khomas

Country:Namibia

Release id:41277

The post ECOBANK BACKS MEYA MINING WITH USD 25 MILLION FACILITY appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

SkyYield will define process controls and verification for ZBLAN optical fibre manufacturing in microgravity

United Kingdom, 12th Feb 2026– OrbiSky has been awarded a UK Space Agency contract for “SkyYield” to define an end-to-end payload concept for manufacturing ZBLAN optical fibre in Low Earth Orbit, including the process controls and verification needed for commercial adoption. The work targets a practical bottleneck for in-orbit manufacturing: producing credible, auditable evidence that what was made in space meets acceptance requirements for real missions and real customers.

Sylvester Kaczmarek, Chief Executive Officer at OrbiSky, said: “SkyYield is about turning the unique conditions of microgravity into real-world capability. With UK Space Agency support, we’ll define a credible, end-to-end payload concept for manufacturing ultra-low-loss ZBLAN optical fibre in orbit, including the process controls and verification needed for commercial adoption. This is an important step towards new UK-led markets in space manufacturing, with clear benefits for telecoms and medical imaging.”

ZBLAN is a specialist optical fibre with the potential to deliver significantly lower signal loss than traditional silica fibre, with applications spanning telecommunications and medical imaging. Microgravity processing can improve material outcomes, but adoption depends on repeatability, monitoring, and proof of quality that customers can trust.

The UK Space Agency has identified in-orbit servicing, assembly and manufacturing (ISAM) as a priority capability area for UK leadership, growth, and national security. SkyYield supports that direction by focusing on the verification and acceptance layer needed to move from one-off demonstrations to operational capability.

More information is available in the UK Space Agency announcement and on OrbiSky’s website.

UK Space Agency announcement: https://www.gov.uk/government/news/new-studies-for-manufacturing-advanced-materials-in-orbit

OrbiSky: https://orbisky.com/

About OrbiSky

OrbiSky is a London-based space technology company focused on secure autonomy, verification, and assurance for space operations. The company builds practical trust mechanisms that help new space capabilities scale safely, with a focus on ISAM and in-orbit manufacturing.

Media Contact

Organization: OrbiSky

Contact Person: Sylvester Kaczmarek

Website: https://orbisky.com/

Email: Send Email

Country:United Kingdom

Release id:41337

The post OrbiSky awarded UK Space Agency contract for in-orbit manufacturing verification appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

Classic Marcite, led by Mike Folta, is expanding its premier pool resurfacing and refinishing services to the Dr. Phillips, FL area, offering high-end Pebble Tec finishes and expert craftsmanship.

Orlando, FL, United States, 12th Feb 2026 — As Central Florida homeowners prepare for a season of sun and outdoor entertaining, Classic Marcite is proud to announce its expanded focus on providing high-end pool restoration services to the prestigious Dr. Phillips community. With over 30 years of industry leadership and a portfolio of more than 100,000 successfully completed projects, the company is reaffirming its commitment to transforming aging aquatic spaces into luxurious, resort-style retreats.

Under the leadership of owner Mike Folta, Classic Marcite has become the go-to provider for residents seeking to revitalize their outdoor living areas. The company specializes in identifying and correcting common signs of wear, such as surface staining, rough textures, and structural cracks. By utilizing an employee-driven model—rather than relying on subcontractors—Classic Marcite ensures that every pool resurfacing in Dr. Phillips, FL is executed with the highest standards of craftsmanship and accountability.

Expert Pool Refinishing for the Modern Homeowner

In 2026, the trend for backyard aesthetics has shifted toward sophisticated, durable finishes that offer both visual depth and longevity. Classic Marcite meets this demand as the largest authorized Pebble Tec applicator in Central Florida. Homeowners can choose from a wide array of premium materials, including Pebble Sheen, Pebble Fina, and Beadcrete, which provide a slip-resistant, natural-looking finish that withstands Florida’s intense UV exposure and chemical demands better than traditional alternatives.

“Our mission is to help families fall in love with their backyards again by combining traditional expertise with modern materials,” says Mike Folta, Owner of Classic Marcite. “In a community like Dr. Phillips, where the standard for home maintenance is exceptionally high, we treat every project as if we were working on our own personal pool. Our goal is to provide a finish that isn’t just beautiful on day one, but remains structurally sound and stunning for a decade or more.”

Comprehensive Pool Replastering and Restoration

Beyond simple aesthetics, the integrity of a pool’s interior shell is vital for preventing water loss and maintaining equipment efficiency. Classic Marcite’s meticulous process involves a multi-day protocol that includes draining, surface preparation, acid etching, and the application of a high-strength bond coat. This level of detail ensures that every pool replastering project results in a seamless, watertight finish.

The company also offers secondary services such as waterline tile replacement and deck refinishing, allowing for a complete backyard transformation. By choosing a specialized pool resurfacing company, homeowners benefit from a streamlined experience that typically takes only five to seven days from start to finish.

Commitment to Quality and Local Expertise

Classic Marcite’s deep understanding of local water tables and Florida’s subtropical climate allows them to provide tailored advice that general contractors often overlook. Their reputation for transparency and excellence is backed by decades of service and a commitment to using eco-friendly, low-waste techniques that minimize the environmental footprint of each renovation.

For those ready to upgrade their property, the team provides expert pool resurfacing in Dr. Phillips, FL and surrounding areas, offering free, no-obligation estimates to help homeowners plan their dream renovations.

About Classic Marcite

Established in 1988, Classic Marcite is a family-owned and operated pool renovation firm serving Central and North Florida. Specializing in both residential and commercial projects, the company is a licensed applicator of industry-leading finishes and has resurfaced over 100,000 pools. Under the guidance of owner Mike Folta, Classic Marcite continues to set the benchmark for quality and customer satisfaction in the pool industry.
Website: https://classicmarcite.com/

Media Contact

Organization: Classic Marcite

Contact Person: Mike Folta

Website: https://classicmarcite.com/

Email: Send Email

Contact Number: +14075216260

Address:430 Fairvilla Rd

City: Orlando

State: FL

Country:United States

Release id:41188

The post Classic Marcite Enhances Outdoor Living with Premier Pool Resurfacing in Dr. Phillips, FL appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section