us-state-dept

Egypt: U.S to increase forces in the Sinai

The Pentagon will increase the number of its troops present in the Sinai peninsula under the Multinational Force of Observers (MOF) to more than 700 with “adequate force protection.” The decision was made after four U.S soldiers were injured by an improvised explosive device on September 3. The rising threat posed by armed militias and […]

Endeavour makes first gold output in Senegal

Endeavour announced its first gold pour in its the Sabodala-Massawa BIOX Expansion, two years after mine construction began. Ian Cockerill, CEO, commented “We are proud to have achieved our first gold pour at the Sabodala-Massawa BIOX® Expansion with over 3.5 million man hours worked with no lost time injuries. The beginning of operations marks the […]

Morocco’s central bank keeps key borrowing rate unchanged at 3%, sees growth at 3.2% in 2024

Morocco’s central bank kept its key rate unchanged at 3% in a context of easing inflation and improved growth rate. Inflation is seen dropping to 6.1% this year and 2.4% next year. In 2022, drought and imported inflation propelled inflation to 6.6%. Morocco’s central bank has decided to keep its key interest rate unchanged at […]