First Independent Mena Newspaper
‘A revival with fanfare’ is how the latest ranking of the most important 500 African companies drawn up by Jeune Afrique magazine might be best described, with profits amounting to $80,84bn in total. After analyzing the results of more than 1,200 companies, the French-language pan-African weekly news magazine unveiled its exclusive ranking of the 500 […]
The European Union has launched an initial mobilization of €50m in Democratic Republic of Congo’s (DRC) critical minerals sector and infrastructure projects on the sidelines of the first-ever Kinshasa Economic Forum. The funding was announced at the inaugural Kinshasa Economic Forum, which brought together representatives from the EU, the DRC and France French President Emmanuel […]
Aya Gold & Silver, a precious metals mining company, has announced that it has identified a new mineralized zone, which stretches over four kilometers in length, at the level of the silver deposit of Imiter bis. Imiter bis silver deposit is located 150 kilometers from Ouarzazate and five kilometers from Managem’s Imiter Mine, which is […]
Morocco and Djibouti signed Monday in Rabat a framework agreement aimed at strengthening bilateral cooperation in the fields of energy, mining and geology and at providing an interaction platform for stakeholders and investors in these sectors. The framework agreement is part of Morocco’s African strategy seeking to support the sustainable development of the continent, mainly […]
Morocco is preparing for the launch of a new mining strategy that aims at creating 30,000 additional jobs and raising the exploration budget to 4 billion dirhams as well as revenues by 15 billion dirhams in six years, energy minister Aziz Rebbah said in Marrakech. The minister said that his department will launch soon Morocco’s […]
A recent report by THEnergy and Voltalia indicates that the use of renewable energy in the African mining sector can realize significant cost savings when employing these power solutions. According to the report, the mining sector has shifted from phase one – where the focus of renewable power adoption was on integrating and testing out […]
In South Africa, Mining Companies have opted for renewable energy and captive power supply from Independent Power Producers (IPPs) to secure power in the southern African nation, Absa Corporate and Investment Bank said. According to the Bank, South Africa is currently leading the region in renewable energy following the signing of agreements for 27 projects […]
Mauritania can rejoice for a successful participation in the summit of Arab financial institutions held in Rabat after the North African country received over $100 million of loans for the execution of projects in mining and energy, reports say. A first deal between Moctar Ould Diaye, Mauritania’s finance minister and the chairperson of the Arab […]
Morocco and Madagascar have decided to lift their cooperation in all sectors to new higher levels within the frame of a solidarity-based and win-win partnership. The two countries hailed the excellent friendship ties existing between Moroccan and Malagasy people and the 12 intergovernmental agreements, inked in the fields of politics, agriculture, sea fishing, energy, logistics, […]
It seems that economic cooperation between Morocco and India is gaining momentum since the historic visit paid last year by King Mohammed VI to that giant country. To boost further trade exchanges between the two countries, an Indian business delegation is expected in the North African country next week to explore the possibilities of partnership […]