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AngloGold Ashtanti acquisition of $2.5B Centamin Company

AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]

Mauritania, Islamic Development Bank sign €116.6 million financing deals for health and energy

Mauritania and the Islamic Development Bank (IsDB) have signed two financing agreements worth €116.6 million to strengthen the country’s health and energy sectors.   The agreements were signed in Jeddah by Mauritania’s Minister of Economic Affairs, Abdallah Ould Souleymane Ould Cheikh Sidia, and IsDB Vice-President for Operations, Rami Ahmed, in the presence of senior Mauritanian […]

Sahara: MEP calls EU to monitor humanitarian aid sent to sequestered Sahrawis in Tindouf

Member of European Parliament Ilhan Kyuchyuk has called on the EU to monitor the humanitarian aid the European bloc sends to the Sahrawis sequestered in the Polisario-controlled Tindouf Camps in Southern Algeria. In a written question to the EU foreign policy chief Josep Borrell, Mr. Kyuchyuk (member of Renew Europe group, previously known as Alliance […]