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Emmerson raises $46.75 Mln for development of potash project in Morocco
Emmerson mining company announced this Wednesday it secured an investment of $46.75 million from a group of investors for the development of the Khemisset Potash Project in Morocco. The primary investor is Global Sustainable Minerals Pte Ltd, based in Singapore and backed by a significant south-east Asian investor. “A major investment, at a premium to […]
Egypt: Hassan Abdallah appointed as acting governor of central bank
Egypt’s President Abdelfattah al-Sisi has named Hassan Abdallah as acting governor of the central bank of the country after the former chief resigned Wednesday. Abdallah until the appointment Thursday was Chairman of the Board of Members of the United Media Services Group (UMS). The 62-year old man replaces Tarek Amer who resigned Wednesday but was […]
Southern Africa hit by extreme drought, leaving some 20 millions facing hunger
The unprecedented drought that has enveloped large parts of southern Africa since late last year has impacted more than 6 million people in Zambia, 3 million of them children, nearly half of Malawi’s population and 30% of Zambia’s, United Nations Children’s Fund (UNICEF) has warned. The drought in Zimbabwe, Zambia and Malawi has now reached […]



