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Morocco’s Managem to raise capital to finance expansion plans
Morocco’s biggest mining company Managem plans to raise 3 billion dirhams (300 million dollars) to finance its expansion plans in Morocco and Africa. The company said the capital increase will take place between March 14 and April 2 as it braces to start production at a gold project in West Africa known as Tri-K, with […]
Angola’s diamond sector to be advanced by new De Beers deal with state-owned companies
London-based De Beers Group and Angolan state-owned companies have signed a memorandum of understanding (MoU) pledging to collaborate on opportunities to increase diamond production, to advance Angola’s alluvial mining sector and enhance social development for the benefit of the country’s citizens. To support these objectives, the MoU was inked between De Beers and Angola’s National […]
Morocco, Qatar Seal 11 Cooperation Agreements
Morocco and Qatar signed 11 cooperation agreements covering education, culture, youth, media, finance, banking, housing, training, handicrafts and agriculture. The agreements were signed at the end of the seventh Moroccan-Qatari high Joint commission in Rabat under the chairmanship of head of government Saâd Eddine El Othmani and Qatar’s Prime minister and Interior minister Abdullah bin […]



