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Month: April 2013

Kinross Gold to expand mining in Mauritania

April 30, 2013 Geraldine Boechat 0

Kinross Gold’s 38 000 t/d mill expansion plan at the Tasiast gold mine  in Mauritania, costing almost $2,7billion, is getting close to become a reality, […]

Bank Asset sales lure investors back to Egypt

April 29, 2013 Geraldine Boechat 0

The National Bank of Egypt (NBE) and Banque Misr have made clear their desire to sell their foreign assets, prompting investors to term the Egyptian […]

UNSC Renews MINURSO Mandate, Recognizes Western Sahara Issue Impact on Sahel Stability

April 26, 2013 Steven Addamah 0

The Security Council unanimously adopted on Thursday a resolution renewing the mandate of the UN Mission for the Referendum in Western Sahara (MINURSO) for twelve […]

Libya promotes art as a symbol of hope

April 26, 2013 Geraldine Boechat 0

The Libyan Movie Awards, the first of its kind, organized by the European Union in partnership with the Italian Cultural Institute and NGO Libya, has […]

The sinking of Egypt’s currency

April 25, 2013 Steven Addamah 0

The Egyptian pound is still going through its worst period after reaching a new all-time low against the United States dollar at an average of […]

Tunisia gambles on tourism

April 24, 2013 Geraldine Boechat 0

The Secretary General of the United Nations World Tourism Organization (UNWTO), has estimated that Tunisia will be receiving more than 7 million tourists this year […]

Libya has too much oil for OPEC

April 23, 2013 Steven Addamah 0

The Libyan Oil Minister has announced they will be pushing for an increase of the quota allocated to the country at the Oil and Gas […]

Algeria and Portugal to reinforce targeted sectors

April 22, 2013 Geraldine Boechat 0

The president of the Algerian Chamber of Commerce and Industry (CACI) and the Portuguese ambassador to Algeria, have called for the strengthening of their economic […]

Mauritania inaugurates Africa’s biggest solar plant

April 19, 2013 Geraldine Boechat 0

The country has launched its first solar plant, the Sheikh Zayed plant, in Nouakchott with a capacity of 15-megawatt in response to its rising energy […]

Libya: Growth pegged at 3% after production rise

April 18, 2013 Steven Addamah 0

The economy minister has forecasted a growth of 3% in 2013 after the country reached the post uprising era level of production. His prospect is […]

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