EIB mobilizes €500 million for Morocco quake recovery

The European Investment Bank (EIB) has mobilized 500 million euros in support of Morocco’s reconstruction efforts in quake-hit areas in the Atlas mountains, the bank said. The financing will help Morocco rebuild and upgrade essential infrastructure in the hardest-hit areas, including roads, schools and healthcare facilities, according to an EIB statement. The new tranche brings […]

Morocco to launch dual carriageway to border checkpoint with Mauritania

Morocco is preparing to launch works to build a dual carriageway linking Dakhla to the southernmost tip of Guargarat on the borders with Mauritania. The 450 kilometer road will cost 1 billion dirhams, le360.ma news portal said citing a government source. The road is conducive to the increase in commercial traffic with the rest of […]

Niger seizes sole Australian-run industrial gold mine amid push for resource sovereignty

Niger’s military-led government has nationalized the country’s only industrial gold mine, Société des Mines du Liptako (SML), accusing its Australian operator, McKinel Resources, of “serious breaches,” including failure to fulfill a $10 million investment pledge. The junta, in power since a 2023 coup, framed the move as a strategic step toward national resource control. “In […]