Econet-Project

Egypt signs security partnership deal with Texas National Guard

Egypt and the Texas National Guard have agreed to cooperate in the area of security, making the North African country the third country in the world to ink such a deal with Texas Military Department. Maj. Gen. Abdelraouf A. Moussa Mohamed, Egypt’s Military Attaché to the US and Canada, signed the deal on behalf of […]

China’s Ganfeng seeks full control of Lithium mine in Mali

China’s Ganfeng Lithium Group Co. plans to acquire 40% of the Goulamina lithium project in Mali from Australia’s Leo Lithium Ltd, to take full control of the precious mine. Lithium together with Cobalt and other critical minerals for energy transition are at the heart of fierce competition in Africa between Chinese and Western companies. A […]

France Loans Morocco €128 million to buy Locomotives

France granted a 128 million euro loan to fund the locomotives that Morocco’s national railway operator (ONCF) plans to purchase as part of its development program. The loan will boost the ONCF shift to electric railway in line with Morocco’s environmental commitment. ONCF posted a net profit of 223 million Dirhams in 2016, up 31% […]