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Managem launches gold production at Boto Mine in Senegal
Moroccan mining group Managem said it has officially commenced gold production at its Boto mine in southeastern Senegal, in an investment that totalled 350 million euros. Located in the Kédougou region, the Boto mine is expected to produce an average of 160,000 ounces of gold annually over its first three years, with total reserves estimated […]
US-Morocco Security Cooperation at Center of Hammouchi-Fischer Talks
Ways of enhancing further security cooperation between Morocco and the United States were at the center of talks held Thursday in Rabat between US ambassador to Morocco David Fischer and Abdellatif Hammouchi, Director-General of national police and domestic intelligence agency. The two sides also discussed coordination mechanisms in the fight against terrorism, violent extremism, organized […]
IMF: Algeria Still Undergoes Major Difficulties Due to Lower Oil Prices
Algeria continues to face important challenges posed by lower oil prices, says the International Monetary Fund Executive Board after concluding Article IV consultation with the North African country. Economic growth in the nonhydrocarbon sector slowed to 2.9 percent in 2016, partly under the effects of spending cuts. Inflation increased from 4.8 percent in 2015 to […]



