Haftar parade

Transparency: Uganda joins EITI to attract local, foreign investment

Uganda has joined the Extractive Industries Transparency Initiative (EITI) in order to subject its oil industry to scrutiny and promote accountable management of revenues. Uganda discovered crude reserves more than 10 years ago but production has been repeatedly delayed by disagreements with field operators over taxes and development strategy. According to Uganda’s Minister for Finance, […]

UK-Morocco trade accelerates post-Brexit

London and Rabat deepen economic ties as Morocco emerges as a key gateway to Africa under Britain’s “Global Britain” strategy, Moroccan outlet le360 reported. Since the United Kingdom’s departure from the European Union, its foreign policy has undergone a strategic pivot, with Morocco increasingly positioned as a vital partner in Africa. Under the “Global Britain” […]

Resolute Mining shares drop 32% after Mali arrests CEO, 2 executives

Australian gold miner, Resolute Mining’s shares dropped as much as 32% on Monday (11 November) following the arrest of its CEO and two executives while in Mali to discuss “claims made against” the company with the country’s authorities. CEO Terence Holohan and his two colleagues “were in Bamako to discuss with mining and tax authorities […]