Kanga Potash, a world class, low-cost potash project developer, is seeking to raise about $500m for the first phase of its potash development project north of Pointe Noire in the Republic of Congo. According to the company’s executive chairman Stéphane Rigny, about 60% of the amount will be debt and 40% equity, including some mezzanine […]
Two years after the powerful earthquake that struck the High Atlas region, Morocco has built 92% of the demolished homes or 51,154, according to official figures. The pace of construction will accelerate in the coming months, with the number of tents or huts significantly reduced. The Kingdom has spent 6.9 billion dirhams in quake aid, […]
Morocco and Tunisia are listed in a group of five African countries that have first pledged reforms under the Compact with Africa Initiative, a Germany’s flagship G20-Africa Partnership project aiming to improve economic conditions across the continent. The three other countries having registered their interest with the G20 are Côte d’Ivoire, Rwanda and Senegal. More […]
