Mauritanian ex president Ould Abdealziz

LafargeHolcim Maroc Afrique opens clinker & cement plant in cameroon, positive driver of South-South cooperation

LafargeHolcim Maroc Afrique (LHMA), through its subsidiary Cimenteries du Cameroun (Cimencam), has inaugurated lately an integrated clinker and cement plant in Figuil, located in Cameroon’s North Region. The inauguration ceremony, chaired by Cameroon’s Prime Minister Joseph Dion Nguté, was marked by the presence of several local government officials and LHMA representatives. An investment of $100 […]

China’s economic malaise and how it will impact on African countries

With China’s Central Bank making Tuesday (15 August) its largest interest-rate cut since the pandemic and news that its economy has fallen into deflation, the implications of this economic instability in China could have repercussions for Africa, experts warn. China’s National Bureau of Statistics (NBS) said Tuesday (15 August) it would stop releasing youth unemployment […]

Guinea gives mining companies until August 31 to return export proceeds

Guinea authorities, Thursday August 3, gave August 31 ultimatum to mining companies operating in the country to repatriate at least 50 per cent of their revenues from exports. The warning came from the ministry of Mining and Geology, citing articles of the Guinea’s mining Code. Moussa Magassouba head of the department addressed the companies in […]