three french soldiers killed in Mali dec 2020

Emmerson raises $46.75 Mln for development of potash project in Morocco

Emmerson mining company announced this Wednesday it secured an investment of $46.75 million from a group of investors for the development of the Khemisset Potash Project in Morocco. The primary investor is Global Sustainable Minerals Pte Ltd, based in Singapore and backed by a significant south-east Asian investor. “A major investment, at a premium to […]

Mauritania: President Ould Abdel Aziz Denies any Attempt to Stay in Power

The Mauritanian President last week indicated he never planned to change the constitution to be able to run again for elections at the end of his current mandate ending in 2019, reports say. Tension has risen since March between the opposition and the ruling party after some ministers and lawmakers suggested change of the constitution […]

IFC to invest $100m in Nairobi-listed Diamond Trust Bank to back SMEs hit by pandemic

International Finance Corporation (IFC) will invest 12.18 billion shillings ($100 million) in Nairobi-listed Diamond Trust Bank (DTB) to support small and medium enterprises (SMEs) impacted by Covid-19, Zawya reports, citing Kenyan Wall Street newspaper. The investment will be in senior debt under its Covid-19 emergency response working capital solutions scheme (WCS FIGE). IFC initiated the […]