North Africa Post
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Africa Business Headlines International Maghreb Morocco

Morocco’s Managem expands stake to 85% in a gold project in Guinea Conakry

North Africa Post

Moroccan mining firm, Managem, announced, Tuesday, that it acquired the remaining 30% stake in the joint venture with West African-focused gold mining and exploration company Avocet Mining, for $21 million.   In 2016, Managem acquired 40% of this project in partnership with Avocet Mining before increasing this share to 70% in 2018.   With this […]
Africa Energy Headlines International

Senegal: Kosmos Energy confirms large-scale gas find offshore

North Africa Post

The US oil and gas exploration company, Kosmos Energy has confirmed a large-scale gas find at its Yakaar-2 appraisal well, offshore Senegal. In a statement released this week, Kosmos said the Yakaar-2 appraisal well has encountered approximately 30 meters of net gas pay in a similar high-quality Cenomanian reservoir to the Yakaar-1 exploration well, continuing […]
Europe Headlines International Tunisia

Tunisia-Germany: President Kais Saeid invited to Berlin for maiden international trip

North Africa Post

President of Tunisia Kais Saeid is expected to visit Germany in November as his maiden international trip since his inauguration on October 23 after his landslide victory at the presidential elections. The new President received Monday Germany’s top diplomat Heiko Mass who handed him an invitation from Chancellor Angela Merkel. The German Foreign Minister told […]