migrants

Cameroon seals 30 mining sites after scores of miners, incl. children, died

Cameroon has sealed at least 30 gold mines, including some owned by Chinese companies, after more than 33 young miners died in landslides this month and scores more were declared missing. On Monday (22 August), the local government deployed several hundred troops to seal at least 30 gold mines in Kambele, a village in Batouri […]

Mohammed VI Fund for Investment, EIB sign new €500M financing package

the European Investment Bank (EIB) will extend the Mohammed VI Fund for Investment (FM6I) a new financing package worth €500 million. The Mohammed VI Fund for Investment (FM6I) and the European Investment Bank (EIB) have signed a mandate letter covering a financing package of 500 million euros for the Fund. The financing-related mandate letter, signed […]

Saudi, Qatari investors may follow UAE in ‘buying up’ Egypt’s coastline

Only days after the announced $35 billion deal with the UAE for the development of Ras al-Hekma on its Mediterranean coast, Egypt is reportedly also targeting investors from Qatar and Saudi Arabia offering them prime Red Sea coastal land in Ras al-Ghamila in South Sinai for sale as part of Cairo’s attempt to inject cash […]