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Morocco grants UK Altus Strategies new exploration licenses for copper & silver

Moroccan authorities have awarded UK Altus Strategies Company (ALS) three new copper and silver exploration projects after it engaged in a competitive tender process. With these new projects, ALS increased its portfolio to seven base and precious metals projects in the Kingdom. “We are delighted to gain three new copper and silver projects in Morocco. […]

Uganda drops Chinese firm from $2.2bn railway deal, turns to Turkish rival

Uganda has begun to court Yapi Merkezi, a Turkish firm, that is building the Tanzanian railway for financing and construction of a railroad after it cancelled all contractual work it had earlier signed with China Harbor Engineering Company. The east African nation has canceled the deal it signed with the Chinese company to build a […]

Nigeria secures $134 million loan for agriculture

The Nigerian Government has secured a $134 million loan from the African Development Bank (AfDB) to strengthen its agricultural sector amid growing food insecurity concerns. This funding aims to increase seed and grain production and improve food security, according to a statement of the Agriculture ministry on November 14. A recent “Harmonized Framework” report, prepared […]