Zambian & Moroccan FM Joseph Malanji & Nasser Bourita

Casablanca Finance City Signs Partnership with China’s Xicheng Financial District

Casablanca Finance City (CFC) signed a partnership agreement with Xicheng District Financial Development Promotion Center (XDFDPC) to promote investment opportunities between the two countries. The agreement is in line with CFC’s expansion strategy after it signed similar agreements with London, Luxembourg, Montreal, Paris, Astana and Busan. Under this agreement, the two parties shall cooperate in […]

Mali: Barrick’s CEO says ‘difficult decision’ must be made soon on reopening its gold mine amid dispute

Barrick Gold’s CEO Mark Bristow has said operations at its shuttered Loulo-Gounkoto mine in Mali will restart once the country’s junta authorities allow it to resume gold shipments. Operations at the site were halted in January 2024 after the Malian government blocked gold shipments and seized approximately $245 million worth of gold. Bristow emphasized that […]

Egypt: Moody report lowers Cairo’s Suez Canal spirit

The Egyptian government’s expectations pinned on the Suez Canal have been dampened by a report from credit ratings provider Moody which claimed that earnings to be generated from the canal after the opening of the second waterway last week will come “at a much slower pace.” The construction of the second 32km-long Suez Canal and […]