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Morocco’s Telecom Companies Face-off over ‘Unfair Competition’

Morocco’s third largest telecoms operator, Inwi, is suing market leader Maroc Telecom over unfair competition claiming $620 million in payment. Inwi accuses Maroc Telecom of holding 60% of Morocco’s telecoms market, saying that such a share is against the law, which states that companies should not exceed 40%. Kuwait’s Zain and Kuwaiti Investment Authority’s Al […]

Egypt, Japan sign $301m agreement to finance Cairo Metro’s 4th line

Japan will release to Egypt $301 million to finance the implementation of phase one of Cairo Metro’s fourth line. The related agreement was signed between Egypt’s Minister of International Cooperation, Rania El-Mashat and the Minister of Transport, Kamel El-Wazir, and Japan’s Embassy in Egypt and the Japan International Cooperation Agency (JICA), Mubasher reports. The funds […]

Alphamin resumes tin mining in east DRC as M23 rebels withdraw after U.S. intervention

Alphamin Resources has resumed operations at its Bisie tin mine in eastern Democratic Republic of Congo (DRC), following the withdrawal of M23 rebel forces and diplomatic intervention by the United States. The Toronto-listed mining firm halted production in early March after rebel advances threatened the strategically important Walikale region in North Kivu. The Bisie mine, […]