African Gold Group Inc has announced structural changes to the board of directors and management of the company as it moves towards construction and first gold at its flagship Kobada Gold Project in southern Mali
Construction
Nigeria approves US$310mn for roads construction and water projects
Nigeria’s Federal Executive Council (FEC) has approved more than US$300mn for road construction in different parts of the country and US$13mn for water projects in Zungeru in Niger State
New partnership to bring modular nuclear power to remote locations
Capital advisory firm RWT Growth Inc. and StarCore Nuclear Canada have announced a partnership to bring cleaner nuclear energy to remote locations and industries which rely on traditional sources of power such as diesel generators
Nigeria commences Sukuk Bond to develop road infrastructure
The Nigerian government, through the Debt Management Office, has commenced the third tranche sale of US$390mn seven-year Islamic Sukuk bond offe, an Islamic financial bond
Equatorial Guinea signs mining deal with three companies
Equatorial Guinea’s Ministry of Mines and Hydrocarbons has signed five mining contracts with three different companies, following the conclusion of the country’s first mining bidding round last year, EG Ronda 2019