Egypt’s Supreme Court has cancelled a parliament bill allowing the government to dismantle Non-Governmental Organizations (NGOs) that it accuses of getting foreign funds or aligned with outlawed Muslim Brotherhood. State-run MENA news agency reported the court’s Saturday decision, which ruled unconstitutional a recent civil society law that granted the ministry of social affairs the right […]
Canadian company Aya Gold & Silver has raised $70 million for the development of its Moroccan Boumadine and Zgounder mining projects, near Ouarzazate. On Tuesday, Aya firm announced it has agreed to sell 8,485,000 common shares to Eight Capital and Desjardins Capital Markets, as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters. […]
Mozambique has offered to export power to Zimbabwe and Zambia, which are currently facing an energy deficit. The move of the southern African nation is in exchange for further reduced generation at Lake Kariba. The offer will provide huge relief for the two countries that have already whittled electricity generation. Zimbabwe and Zambia generate power […]
