banana

Managem launches gold production at Boto Mine in Senegal

Moroccan mining group Managem said it has officially commenced gold production at its Boto mine in southeastern Senegal, in an investment that totalled 350 million euros. Located in the Kédougou region, the Boto mine is expected to produce an average of 160,000 ounces of gold annually over its first three years, with total reserves estimated […]

Tunisia: The Central Bank keeps its key rate unchanged at 8%

In response to ongoing concerns about inflationary pressures, the Board of Directors of the Central Bank of Tunisia (BCT) convened on November 28, 2024, to evaluate the country’s economic outlook. After careful deliberation, the Board concluded that it was essential to maintain a cautious and prudent approach to monetary policy. As a result, they decided […]

Sound Energy Receives Approval to Build Gas Pipeline in Eastern Morocco

UK upstream Morocco-focused Sound Energy said it was cleared to build and operate a 120-km gas pipeline in eastern Morocco. The company made the announcement after receiving the environmental impact assessment approval from the Moroccan Ministry of Energy, Mines and Environment. The pipeline will help channel gas from Tendrara to the already existing Gazoduc Maghreb […]