Kanosak Capital Venture Corporation has announced that it has acquired 90 percent interest in ‘’la Société Mauritanienne d’Exploration’’ (“SEM”) from Wafa Mining and Petroleum S.A., a Mauritanian company. In exchange for the acquisition, Kanosak, a Canada-based capital pool company, issued 100,000 common shares and paid US$100,000 in cash. Additional contingent consideration of common shares and […]
The Moroccan capital city Rabat will play host to a set of matches during the inaugural Basketball Africa League (BAL) regular season to kick off for the first time on the continent. Rabat, Cairo (Egypt), Dakar (Senegal), Lagos (Nigeria), Luanda (Angola), and either Monastir or Tunis (Tunisia) were chosen Wednesday in Dakar by BAL to […]
The Spanish think tank Real Instituto Elcano considers United Nations Security Council Resolution 2797 on the Sahara a decisive turning point in favor of Morocco. In its analysis, the prestigious institute for international and strategic studies emphasizes that this resolution consolidates the predominance of Morocco’s approach to resolving the regional dispute through the Autonomy Plan; […]
