Mauritania has signed the Agreement for the Establishment of the Fund for Export-Development in Africa (FEDA), a development impact-oriented subsidiary of the Afreximbank. Mauritania becomes the second signatory of the FEDA Establishment Agreement after Rwanda which signed it in November 2020, afreximbank announced in a press release. To complete the FEDA Legal Establishment, […]
AngloGold Ashanti has reached an agreement to acquire Centamin Company in a transaction valued at around $2.5 billion. This acquisition will grant AngloGold control over the Sukari mine in Egypt, a renowned gold mine globally. Upon finalization, AngloGold shareholders are set to possess approximately 83.6% of the company, while Centamin investors will retain about 16.4% […]
The commander of U.S. Africa Command “USAFRICOM”, General Dagvin Anderson, highlighted on Tuesday the excellent level of cooperation with the Kingdom Morocco, which hosts each year the “African Lion,” the largest joint military exercise with the United States on the continent. Speaking at a digital press briefing organized by the U.S. Department of State’s Africa […]
