arab-summit

Niger temporarily halts issuance of new mining licenses

Niger’s authorities have temporarily halted the issuance of new mining licenses and ordered an audit of the industry, the Ministry of Mining announced, according to press reports. It is unclear what motivated the measure. However, it comes amid the increase in the price of the commodity on the international market. Last week, the price of […]

CIMAF gets €161.5m loan from IFC, EAIF & Proparco to expand operation in Mali, Senegal & Ghana

Ciments de l’Afrique (CIMAF) a subsidiary of Morocco-based Omnium des Industries et de la Promotion (OIP) has landed a €161.5-million loan from the International Financial Corporation (IFC), French-government-owned Proparco, and Emerging Africa Infrastructure Fund (EAIF) earmarked to increase capacities of its grinding plants in Mali, Ghana, and to launch a state-of-the-art integrated cement plant in […]

Operation Marhaba 2022 Kicks off this Sunday, June 5

The 2022 edition of the Marhaba Operation to welcome Moroccans settled abroad who visit their home country for the summer holidays officially kicks off this Sunday June 5. The operation is launched, under the Presidency of King Mohammed VI, by the Mohammed V Foundation for Solidarity, which expects the numbers of diaspora visitors to be […]