Ghana has ordered all foreigners to exit trading in its gold market, as part of a new legislation that aims to streamline and formalize gold trade in the country, ensuring that Ghana benefits fully from its gold resources. The Ghana Gold Board (GoldBod) now holds exclusive control over the buying, selling, assaying, and export of […]
Nigeria seeks investors to develop 12 onshore and offshore oil blocks as it seeks to tap into its 37.5 billion barrels of crude. “Nigeria is committed to conducting the licensing round in a fair, competitive and transparent manner and ensuring a level playing field for both indigenous and international investors,” said Gbenga Komolafe, head of […]
Morocco’s Phosphates group, OCP, is about to complete the construction of a fertilizer plant in Jorf Lasfar (110 km south of Casablanca) whose entire output will be destined to the African market. The plant, costing about $ 600 million, is expected to produce one million tons of fertilizers per year that will be wholly exported […]
