Japan’s Furukawa Opens Optical Fiber Plant in Tangier

Japan’s Furukawa Electric opened in Tangier Automotive City a plant specializing in optical fiber, the first for the Japanese giant in North Africa and the Middle East. The plant was built for a cost of 200 million dirhams over a surface area of 31,000 square meters and is expected to create 200 direct jobs. “Furukawa’s […]

Morocco’s Managem produces first gold bar at Guinea mine

Morocco’s mining leader Managem said it has produced a first gold bar at its Tri-K mine in Guinea, where it started gold production on June 23. Managem expects to produce 130,000 ounces of gold annually. The company has announced earlier this year that it will start production at the mine where reserves exceed 1.56 million […]

Ivorian court bars top opposition leader Tidjane Thiam from presidential race

In a ruling that has stirred political controversy across Ivory Coast, a national court on Tuesday (22 April) disqualified opposition leader Tidjane Thiam from running in the country’s October presidential election, citing the loss of his Ivorian nationality. Thiam, former CEO of Credit Suisse and newly appointed leader of the Democratic Party of Ivory Coast […]