Egypt : Giant $4 billion Suez Canal II project announced

President Al Sisi has announced that a “giant project” will be launched at a tune of $4billion for the construction of a canal parallel to the Suez Canal. The project is expected to increase trade and also double the country’s earnings by more than 100%. The Suez Canal is an important sea route but militants […]

Burkina Faso nationalizes strategic gold assets

Burkina Faso’s military-led government has completed the nationalization of five gold mining assets, marking a significant pivot in its economic strategy aimed at asserting greater control over the country’s mineral wealth, international media reported. The move, finalized through a government decree earlier this month, transfers ownership of two producing gold mines and three exploration permits […]

Morocco reaffirms commitment to strengthening Chinese-African partnership

The Moroccan Government reaffirmed on Thursday in Beijing steadfast commitment to advancing and strengthening further partnership between African countries and China for shared prosperity and inclusive growth unleashing Africa’s full potentials. Addressing the China-Africa cooperation summit 2024 convening in Beijing (Sept.4-6), Morocco’s Prime Minister Aziz Akhannouch, who is representing King Mohammed VI at this event, […]