Burkina Faso has nationalised five gold mining assets, including two active mines, transferring them to its state-owned firm SOPAMIB, according toe Business Insider Africa. The junta-led government raised its stake in gold projects from 10% to 15%, mirroring similar moves in Mali and Niger. While aimed at boosting revenues amid rising gold prices, the shift risks spooking foreign investors already wary of political and regulatory volatility.
Morocco has approved the creation of a new state-backed company aimed at developing industrial zones dedicated to domestic defense production,
Algeria has canceled a major port construction deal with China and is now turning to France to modernize its maritime
Escalating hostilities between Israel and Iran over the weekend have rattled Egypt’s economy and dealt a blow to its
Morocco is ramping up investment in desalination, dams, and water transfer projects to counter prolonged drought and protect its agricultural
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