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Rio Tinto inks rail and port deal to unlock Guinea’s Simandou iron ore project
Rio Tinto Group’s subsidiary in Guinea has formed an infrastructure joint venture with Winning Consortium Simandou (WCS) and the government to develop a railway and port, paving the way for work to resume on the world’s largest undeveloped iron ore project. The joint venture for the Simandou is a milestone for Rio and WCS, whose […]
Egypt: Money bag Sawiris wants to save illegal migrants
Egyptian business tycoon Naguib Sawiris invited Greece and Italy to let him buy an island where he will house illegal migrants fleeing their counties. Sawiris said his offer will help migrants start a new life and build their own country. “Greece or Italy sell me an island, I’ll declare its independence and host the migrants […]
Morocco’s King calls for Marrakech-Agadir rail link; Agadir-Dakhla highway
King Mohammed VI of Morocco called for establishing a rail link between Marrakech and Agadir as part of a regionalization plan that aims at achieving and equitable distribution of wealth between all regions. “I invite the authorities concerned to give serious thought to the development of a rail link between Marrakech and Agadir, as a […]



