Egypt discloses FDIs & exports expectations by 2030

Egypt has unveiled its strategic objectives to scale up exports to over $140 billion by 2030 and secure annual foreign direct investment (FDI) inflows of $20 billion. “This is a realistic and achievable target,” Prime Minister Mostafa Madbouly said at a press conference on September 25. He emphasizing the feasibility of these economic milestones, highlighting […]

Managem launches gold production at Boto Mine in Senegal

Moroccan mining group Managem said it has officially commenced gold production at its Boto mine in southeastern Senegal, in an investment that totalled 350 million euros. Located in the Kédougou region, the Boto mine is expected to produce an average of 160,000 ounces of gold annually over its first three years, with total reserves estimated […]

Russian-Arab ministers laud Morocco’s King role in defending Jerusalem

The Russian-Arab Cooperation Forum, held in Marrakech at the foreign ministers’ level, welcomed the key role played by King Mohammed VI, Chairman of Al Quds committee, in safeguarding the city of Jerusalem and supporting its people. The forum “supports the role of the presidency of the Jerusalem Committee and its efforts to counter the practices […]