algeria-sellal

Egypt signs $13m contracts with three gold mining companies

Egypt has given five new gold exploration contracts worth $13 million to three mining companies in the back of 11 others. The contracts, Arab Finance reports citing a cabinet statement, include a $9 million (EGP 141.49 million) agreement with Canada’s Lotus Gold to explore 11 blocks; a $3 million (EGP 47.16 million) deal with Mining […]

US pledges to step up Africa investment as Chinese lending slides to 13-year low

Recent visits to Africa by US Treasury Secretary Janet Yellen and US Ambassador to the United Nations Linda Thomas-Greenfield came as a new study by Boston University found China’s overseas investments in the Covid-19 era have slid to a 13-year low. Analysts say Washington is trying to compete with China for influence in Africa, with […]

Morocco’s top Audit Institution takes part in SAI20 Summit in Johannesburg

Morocco’s Court of Accounts took part in the Supreme Audit Institutions (SAI20) Summit, held on June 24-25 in Johannesburg, with a delegation led by its First President Mrs. Zineb El Adaoui. For the third consecutive year, Morocco’s top audit body took part in the Summit of the G20 member countries, a key platform for dialogue […]