Kanga Potash, a world class, low-cost potash project developer, is seeking to raise about $500m for the first phase of its potash development project north of Pointe Noire in the Republic of Congo. According to the company’s executive chairman Stéphane Rigny, about 60% of the amount will be debt and 40% equity, including some mezzanine […]
The Pentagon will increase the number of its troops present in the Sinai peninsula under the Multinational Force of Observers (MOF) to more than 700 with “adequate force protection.” The decision was made after four U.S soldiers were injured by an improvised explosive device on September 3. The rising threat posed by armed militias and […]
Morocco’s flag carrier RAM saw its revenues drop to zero because of a domestic and international flight ban following the coronavirus outbreak leaving the company struggling to pay salaries and expenses. The company has requested state aid and plans layoffs as well as canceling some routes it has opened recently, Moroccan media reported, noting that […]
