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 […]
President Abdel-Fattah El-Sisi on Monday, called on the National Elections Authority (NEA) to conduct a meticulous review of all reported incidents from the first phase of Egypt’s Parliamentary elections, particularly in constituencies marked by tight races. In a statement shared on his official social media accounts, he urged the Authority to strengthen transparency by ensuring […]
OP Finnfund Global Impact Fund I, the first Finnish global emerging markets impact fund, has invested $10 million in equity in CIM Santé Group, a leading Moroccan private healthcare group. Through this investment, OP Finnfund Global Impact Fund I aims to foster the development of Morocco’s healthcare sector, accessibility to quality care, and support gender […]
