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 […]
Akwa Africa, a subsidiary of Moroccan Akwa group, is set to acquire Total Energies fuel distribution subsidiary in Mauritania, the competition council said. The council said it was informed about the sale without offering details on the transaction which Financial Afric said would amount to 185 million dollars. Akwa Africa was established to help the […]
Morocco’s state-owned phosphates company (OCP) has joined the World Business Council for Sustainable Development (WBCSD), an international organization of over 200 forward-thinking companies committed to sustainable development. Joining WBCSD’s network will enable OCP Group to continue to enhance and implement its sustainability ambitions in collaboration with such partners, sharing the same goals and values. Mostafa […]
