First Independent Mena Newspaper
Burkina Faso’s military-led government has completed the nationalization of five gold mining assets, marking a significant pivot in its economic strategy aimed at asserting greater control over the country’s mineral wealth, international media reported. The move, finalized through a government decree earlier this month, transfers ownership of two producing gold mines and three exploration permits […]
Moov Africa Gabon, the local subsidiary of Morocco’s Maroc Telecom, was spared a nationalization push that affected many strategic firms in the country. Speaking at the Mobile World Congress (MWC) Gabon’s minister of digital economy made it clear that “the sector of telecommunications was not concerned by nationalization policies.” Since Brice Oligui Nguima took power […]
Chad has announced the nationalization of assets of a former subsidiary of US oil and gas giant ExxonMobil in Chad, which comes after the company divested from them in December 2022 A decree signed by Chad’s president, Mahamat Idriss Deby Itno, on Thursday (23 March) declared that all the assets, prospection rights, operating permits and […]
Middle income nations often share the same social and political issues, with education being an important yet contentious issue for many developing countries which are trying to move forward and become effective global players. Indonesia, as well as many North African countries, faces a ‘financing gap’ with constraints in mobilizing the funds needed to invest […]