African-Lion

Aya Gold & Silver Company raises $70 Mln for its projects in Morocco

Canadian company Aya Gold & Silver has raised $70 million for the development of its Moroccan Boumadine and Zgounder mining projects, near Ouarzazate. On Tuesday, Aya firm announced it has agreed to sell 8,485,000 common shares to Eight Capital and Desjardins Capital Markets, as joint bookrunners and co-lead underwriters, together with a syndicate of underwriters. […]

Algeria: Bouteflika Sues Le Monde over Panama Papers Scandal

The Algerian President has launched a lawsuit against French Paper le Monde for having published in April on its front page a picture of the Algerian President at the side of world leaders cited in the Panama Paper leaks. President Bouteflika’s lawyers have reportedly demanded €10,000 for compensation for moral prejudice suffered by the Algerian […]

Counter-terror: Morocco Captures Another Three ISIS Operatives

Moroccan authorities announced on Tuesday the arrest three members of the ISIS terror group who were operating in the cities of Nador and Driouch, eastern Morocco. Aged between 18 to 31, the nabbed the jihadists were planning terrorist attacks to undermine the security and stability of the North African Kingdom. This home-grown terror cell was […]