Islamic-Development-Bank

Australian Fortescue Metals Group inks iron deposit mining deal with Gabon

Australian iron ore company, Fortescue Metals Group, has signed a deal with Gabon, to explore an iron ore deposit in Belinga, north-east of the country, with short-term investment put at $200 million. Fortescue per the deal will commence mining in the second half of 2023. The company in a statement said with the mining convention […]

Morocco’s dam filling rate improves on recent rainfall

Dam filling rate increased to an average of 37% in Moroccan dams totalling 6.3 billion cubic meters, thanks to recent rainfall which revived farmers’ hopes after a prolonged drought. The rate improved from 26% last year, thanks to a sustained rain and snowfall that has continued across the Kingdom since early March. The filling levels […]

Halieutis Strategy, Morocco’s Pathway towards Blue Growth

Morocco is attaching utmost importance to safeguarding its maritime wealth and promoting the fisheries sector towards the  2020 Halieutis strategy. The 2020 strategy has so far yielded positive returns, which were showcased at the fourth Halieutis Fair, an annual event that brings together professionals, scientists and policy makers to discuss issues relating to fisheries and […]