Africa mining

Libya’s PC to dissolve 15 military operation rooms in bid to bring order

The Libya Presidential Council (PC) decided Wednesday to dissolve 15 military operation rooms that were established years ago, Al Wasat news outlet reports citing a military source. The decision comes on the heel of a Monday meeting between the PC, the Supreme Commander of the Army and the Military Prosecutor, Major General Massoud Arhouma, in […]

Lloyds to Open Office in Morocco, Africa’s Gateway

Lloyds, the world leader in insurance & reinsurance, is bracing to install its African base in Casablanca Finance City (CFC), says Moroccan newspaper l’Economiste. After several months of talks, Lloyds group has finally obtained CFC status, which allows the British firm to operate in Casablanca and sell its services & products to African countries. CFC, […]

Egypt to Earmark $9 bln to Revamp Refineries

Egypt plans to upgrade six oil refineries to increase local production of refined products, Petroleum Minister, Tarek El Molla, said during a conference in Cairo Sunday. The refineries refurbishment to be conducted over four years will cost about $9 billion, the official said, adding that Egypt is trying to secure crude oil supplies for Egyptian […]