Stable Foods raises $600,000 to help Kenyan farmers increase output
Stable Foods, a portfolio company of Pyramidia Ventures, a venture studio, has raised $600,000 to help farmers increase their output.
Source: techcabal.com
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Egypt hopes to strike gold to boost budget
April 23, 2021 at 12:57 pm | Published in: Africa, Egypt, News Egyptian workers manipulate mineral samples from a gold mine at Marsa Alam, in the Red Sea hills, 14 September 2006. [KHALED DESOUKI/AFP via Getty Images] April 23, 2021 at 12:57 pm Mining companies awarded blocks in Egypt's Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast untapped mineral resources. Despite plentiful reserves and a rich mining history that gave rise to elaborate Pharaonic gold jewellery, Egypt has just one commercial gold mine in operation. Fo...
Source: middleeastmonitor.com
Miners seek gold under the desert sands after Egypt changes rules
CAIRO: Mining companies awarded blocks in Egypt’s Eastern Desert are set to start exploring for gold under a legislative overhaul that seeks eventually to unlock vast untapped mineral resources. Despite plentiful reserves and a rich mining history that gave rise to elaborate Pharaonic gold jewelry, Egypt has just one commercial gold mine in operation. Foreign investment in oil and gas has grown, but mining has languished. Now, the country is banking on high gold prices and amended mining laws that scrap red tape and a profit-sharing rule, unpopular in the industry, to lure interest. One yea...
Source: arabnews.com