The Qatari QInvest Fund and the Moroccan Sovereign Wealth Fund Ithmar Capital have set up a joint venture, through which they are to partner in carrying out three large-scale tourism projects to be launched shortly in Morocco. According to the Moroccan news portal, le360, the recently created new company, Oryx Capital, will carry out studies […]
Zimbabwe’s state-owned power utility, ZESA Holdings, needs $14 million for monthly electricity imports from the regional power market, its acting Chief Executive Patrick Chivaura said on Monday. Zimbabwe is experiencing its worst power crisis in a decade, with households and industries being cut off for up to 16 hours daily. The power crisis has added […]
The shipment load of 1,600 kilograms of gold extracted from the Sukari Gold Mine has finally left the shores of Egypt for Netherlands after being stooped from leaving since last week. The gold upon arrival at Netherlands will be purified and sold in the global market. Speaking about the blockade, the managing director of Centamin, […]
