moghrini

Marsa Maroc Acquires 45 Percent Stake in Spanish Port Operator Boluda

Morocco’s leading port operator Marsa Maroc has acquired 45 percent capital and voting rights in Spain’s Boluda Corporacion Maritima (BMT) for €80 million, establishing strategic presence across the Strait of Gibraltar. BMT operates nine ports spanning the Iberian Peninsula and Canary Islands. This strategic partnership “opens pathways to synergies” between both groups, “pooling complementary expertise […]

DR Congo, UAE sign $1.9bln mining deal

The Democratic Republic of Congo (DRC) and the United Arab Emirates (UAE) have signed a mining deal worth $1.9 billion for which the Gulf country will develop several mining fields. The deal was signed Monday with state miner “Société Aurifère du Kivu et du Maniema”, “Zawya” reports, citing a statement from the Congo’s President Felix […]

Unrest resumes in Polisario-run Tindouf camps

The Polisario-run Tindouf camps have been rocked by violent protests by disenchanted youth who torched trucks and attacked a so-called Police station in a camp called Aousserd in south-western Algeria. The incident came as the camps were hit by floods adding to the suffering of thousands of Sahraouis forsaken by Algeria under the mercy of […]