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Armadale signs offtake agreement with Matrass for the Mahenge Liandu Graphite project
February 20, 2019

Armadale Capital, the AIM quoted investment company focused on natural resource projects in Africa, has signed a Memorandum of Understanding for a proposed offtake agreement with the Matrass Group, a China based graphite mining and processing company, for high quality graphite products produced at the Company’s Mahenge Liandu Graphite Project in Tanzania.

Nick Johansen, Director of Armadale said, “In order to expedite our development objectives at Mahenge Liandu, we have been simultaneously pushing our commercial activities and operational work streams over the past six months with the intention of securing offtake agreements and finalising the various permitting items.

“I am delighted to report that our commercial efforts have been rewarded with this offtake MOU for 60 per cent of our average target annual production with the Matrass Group. Demand for high quality graphite products, such as ours, have been highlighted through other offtake agreements, including ASX listed Black Rock Mining Ltd and the binding offtake for 205,000tpa from its project, which is proximal to Mahenge Liandu. This speaks volumes for the growing"...

February 19, 2019

Algeria – Couscous, Chorba or Bourek. Among other things, are on the menu of “AlgeVega”, a chain of Algerian restaurants that serve Algerian dishes to customers across several regions of the United States.


This initiative"...

February 14, 2019

Nissan Motor and Groupe Hasnaoui will invest a total of $160 million in a new Nissan vehicle plant in Algeria to meet growing customer demand in the country and across Africa.

The two companies will set up a joint venture in coming weeks, having received approval by the Algerian government on December"...


February 20, 2019

Global pharmaceutical company Sanofi has announced the extension of the registration period for the call for proposals for this year’s VivaTech, an annual technology conference, dedicated to innovation and startups to February 22nd 2019.

According to Sanofi Kenya Country Chair and General Manager Peter Munyasi, the extension will allow more start-ups to register for the competition which seeks"...

February 20, 2019

To further address the needs of its clients, global consulting firm Protiviti has expanded its Member Firm network to South Africa to add SekelaXabiso CA Incorporated (SkX) as its newest member firm.

SkX is one of the largest internal audit and risk consulting firms in South Africa, and is staffed with more than 200 consulting professionals, providing internal, IT and forensic audit services, as well"...

February 20, 2019

Both countries seek to foster basic care, pharmaceutical products, and biomedical initiatives.

The Cuban Minister of Foreign Trade and Investment Rodrigo Malmierca Diaz, arrived in Algiers, the capital of the People’s Democratic Republic of Algeria (PDRA), on a three-day visit aimed at strengthening bilateral relations.

According"...

February 20, 2019

Algeria – A cargo of 860,000 eggs has been exported to Libya by Livestock and Egg Production Company ‘Allawoui Mohamed Fateh’ in R’mila Commune (Khenchela Province).

This is indicated by the director of agricultural services (DSA), Rachid Rehamnia who said that the operation was carried out Sunday via the border post of Bouchebka (Tebessa) as part of the public strategy to encourage"...

February 20, 2019

BenQ, the global leader in innovation, technology and display solution will be featuring its latest Cloud based collaboration & Interactive solutions for classroom learning at GESS 2019, held from 26 – 28 February at Dubai World Trade Center; exhibiting at Stand G-40.

The educational professionals and visitors will be exposed to a healthy learning journey with BenQ’s Future-Proof and"...

February 20, 2019

The ‘European Organic Juices’ made from three different organic fruits were introduced at an event at Gulfood 2019. The campaign backed by the European Union (EU), took place on the 18th of February 2019, at Dubai World Trade Center.

Europe is one of the important producers of organic juices. The 3 new flavors of organic pomegranate, organic cherry and organic apple from the European juices"...