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Morocco’s Managem to raise capital to finance expansion plans

Morocco’s biggest mining company Managem plans to raise 3 billion dirhams (300 million dollars) to finance its expansion plans in Morocco and Africa. The company said the capital increase will take place between March 14 and April 2 as it braces to start production at a gold project in West Africa known as Tri-K, with […]

US report decries Algeria’s persecution of Christians

Christian churches have been forced to close in Algeria amid a crackdown on religious freedom and a persecution of Christians across the country, said the US Commission on International Religious Freedom. In a recent report, the Commission recommended the US to put Algeria on a Special Watch List in view of the violations of religious […]

DRC: Tshisekedi’s landslide victory dismissed by opposition as ‘sham’

Felix Tshisekedi, President of the Democratic Republic of Congo (DRC) has won a landslide victory, according to provisional results announced by the country’s election commission, which has secured him a second term in a vote opposition has dismissed as a “sham”. The announcement that the 60-year-old Tshisekedi won re-election with more than 70% of the […]