Latest news with #Mauritania


Globe and Mail
43 minutes ago
- Business
- Globe and Mail
Kinross Gold Declares Quarterly Dividend for Q2 2025
Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. An announcement from Kinross Gold ( (TSE:K)) is now available. Kinross Gold Corporation has declared a quarterly dividend of US$0.03 per common share for the second quarter of 2025, payable on September 4, 2025. This announcement reflects the company's commitment to providing shareholder value and may impact investor sentiment positively, especially considering the dividend's qualification as an 'eligible dividend' for Canadian tax purposes. The most recent analyst rating on (TSE:K) stock is a Buy with a C$14.50 price target. To see the full list of analyst forecasts on Kinross Gold stock, see the TSE:K Stock Forecast page. Spark's Take on TSE:K Stock According to Spark, TipRanks' AI Analyst, TSE:K is a Outperform. Kinross Gold's strong financial performance and robust earnings outlook are key strengths, supported by solid technical indicators. Valuation metrics suggest a reasonable pricing, while corporate events and shareholder confidence further enhance the stock's appeal. To see Spark's full report on TSE:K stock, click here. Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile, and Canada. The company focuses on responsible mining, operational excellence, disciplined growth, and balance sheet strength, and is listed on the Toronto Stock Exchange and the New York Stock Exchange. Average Trading Volume: 3,328,231 Technical Sentiment Signal: Buy Current Market Cap: C$26.44B See more insights into K stock on TipRanks' Stock Analysis page.

Zawya
5 hours ago
- Business
- Zawya
Golar LNG Strengthens Africa Commitment as Chief Commercial Officer (CCO) Federico Petersen Joins African Energy Week (AEW) 2025 Speaker Lineup
Federico Petersen, Chief Commercial Officer of marine LNG infrastructure operator Golar LNG, has confirmed his participation as a speaker at African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His participation follows a series of landmark achievements across the continent, positioning Golar LNG at the forefront of Africa's natural gas revolution. In July 2025, the company announced that its Gimi floating LNG (FLNG) unit has reached commercial operations date under a 20-year lease-and-operate agreement for the Greater Tortue Ahmeyim (GTA) project offshore Senegal and Mauritania. Backed by an estimated 15 trillion cubic feet (tcf) of natural gas, the Gimi facility will produce 2.4 million tons per annum (mtpa) of LNG, ramping up to its nameplate capacity of 2.7 mtpa. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. In Nigeria, Golar LNG signed a project development agreement in June 2024 with global energy company the Nigerian National Petroleum Corporation for the deployment of a new FLNG facility offshore the Niger Delta. With a planned processing capacity of 400-500 million standard cubic feet per day, the facility will produce LNG, LPG and condensate, with first gas targeted for 2027. The project falls under Nigeria's broader 'Decade of Gas' initiative, which aims to monetize the country's 209 tcf of gas reserves and accelerate energy access and industrial growth. Supported by reforms such as the Petroleum Industry Act and the Nigerian Gas Flaring Commercialization Program, the project is a critical step toward establishing Nigeria as a global gas hub. In Cameroon, Golar LNG operates the Hilli Episeyo FLNG facility offshore Kribi, which made history as the world's first LNG conversion and the project that introduced Cameroon as the world's 20 th LNG-exporting nation in 2018. In October 2023, the vessel offloaded its 100 th LNG cargo to the Energy Integrity, underscoring nearly six years of reliable operations. With a nameplate capacity of 2.4 mtpa and a strong track record of commercial uptime, Hilli Episeyo continues to serve as a benchmark for small- and mid-scale FLNG deployment. Golar LNG holds a 50% interest in Trains 1 and 2, with the facility enabling the monetization of associated gas while contributing to regional energy diversification and security. 'Golar LNG's proven ability to deliver bankable, scalable FLNG infrastructure in frontier markets has redefined what's possible for gas monetization in Africa. With operations in Senegal, Mauritania, Nigeria and Cameroon, the company is a true partner to Africa's energy future,' states Tomás Gerbasio, VP of Commercial and Strategic Engagement, African Energy Chamber. Federico's participation at AEW: Invest in African Energies highlights Golar LNG's commitment to advancing FLNG development and natural gas monetization across Africa. In line with the company's growing presence in Africa's energy landscape, Golar LNG will participate as a Gold Partner at this year's edition of the conference and exhibition, which serves as a strategic platform to showcase innovative FLNG solutions and a long-term commitment to the continent's energy development. Distributed by APO Group on behalf of African Energy Chamber.


France 24
22-07-2025
- Sport
- France 24
Hilal become dual champions after triumph in war-torn Sudan
To escape a war that has claimed tens of thousands of lives and displaced millions, according to the United Nations, Hilal and Merrikh competed in the Mauritanian championship, finishing first and sixth. However, Confederation of African Football rules state that only national champions can enter the CAF Champions League, forcing the two clubs to return home and play in army-controlled northeast venues. The national army have recaptured the capital, Khartoum, after two years of occupation by the paramilitary Rapid Support Forces, but fighting rages in other parts of the east African nation. Here, AFP Sport brings news from around the continent, including a personal triumph for Brazilian forward Lucas Ribeiro from South African club Mamelodi Sundowns. Sudan Hilal hammered greatest domestic rivals Merrikh after building a three-goal lead by half-time to be crowned Sudanese champions a record-extending 31st time. Hilal (plus 11) won the title on goal difference from Al Ahly Madani (plus 6) after both sides secured 14 points in the eight-club mini-league. Snatching the title means Hilal will extend a remarkable record of competing in the Champions League every season since 2004 while Madani will represent Sudan in the competition for the first time. South Africa The goal Ribeiro scored for South African champions Sundowns against Borussia Dortmund has been voted the best of the 2025 Club World Cup in a FIFA online poll. Securing possession in midfield, the 26-year-old used pace and footwork to burst through the defence before calmly shooting past goalkeeper Gregor Kobel. Unfortunately for Sundowns, the first goal of the group match in the 11th minute triggered an immediate response from the German outfit, who scored four times before finishing 4-3 winners. Tanzania Simba captain Mohammed Husseini will not have his contract renewed by Simba after 12 years at a club who have dominated Tanzanian football for decades with Dar es Salaam neighbours Young Africans. The 28-year-old left-back joined Simba from Kagera Sugar in 2014 and has been a first choice since under various coaches, including current incumbent, South African Fadlu Davids. Simba were runners-up in the CAF Confederation Cup and Tanzanian Premier League last season and suffered a surprise semi-finals loss to Singida Black Stars in the Tanzanian FA Cup. Ghana Abdul-Karim Zito has been elevated from caretaker to head coach of Asante Kotoko, a Ghanaian club seeking to become giants again in the west African nation. The two-time African champions came third in the league last season behind first-time title-holders Bibiani Gold Stars, then beat Golden Kick with an added-time goal to win the Ghana FA Cup. Lifting the cup qualified Kotoko for the CAF Confederation Cup, the second-tier African competition where Zito exceeded expectations in 2024 by taking another Ghanaian club, Dreams, to the semi-finals. Uganda Widely travelled Belgian coach Ivan Minnaert has swapped one domestic champion club for another by moving from Fassell of Liberia to Vipers of Uganda. Monrovia-based Fassell finished 11 points ahead of Heaven Eleven in the Liberian title race to be crowned national champions for the first time. Vipers, whose home ground lies 25 kilometres (16 miles) from the capital Kampala, won a much tighter Ugandan league chase, securing just two points more than runners-up NEC. © 2025 AFP
Yahoo
22-07-2025
- Sport
- Yahoo
Hilal become dual champions after triumph in war-torn Sudan
Mamelodi Sundowns forward Lucas Ribeiro (R) scores the goal voted the best at the 2025 Club World Cup in the United States. (Dylan Buell) Al Hilal became champions in two countries when they thumped Al Merrikh 4-0 on Tuesday to win the Elite League in Sudan, where a civil war has been raging since 2023. To escape a war that has claimed tens of thousands of lives and displaced millions, according to the United Nations, Hilal and Merrikh competed in the Mauritanian championship, finishing first and sixth. Advertisement However, Confederation of African Football rules state that only national champions can enter the CAF Champions League, forcing the two clubs to return home and play in army-controlled northeast venues. The national army have recaptured the capital, Khartoum, after two years of occupation by the paramilitary Rapid Support Forces, but fighting rages in other parts of the east African nation. Here, AFP Sport brings news from around the continent, including a personal triumph for Brazilian forward Lucas Ribeiro from South African club Mamelodi Sundowns. Sudan Hilal hammered greatest domestic rivals Merrikh after building a three-goal lead by half-time to be crowned Sudanese champions a record-extending 31st time. Advertisement Hilal (plus 11) won the title on goal difference from Al Ahly Madani (plus 6) after both sides secured 14 points in the eight-club mini-league. Snatching the title means Hilal will extend a remarkable record of competing in the Champions League every season since 2004 while Madani will represent Sudan in the competition for the first time. South Africa The goal Ribeiro scored for South African champions Sundowns against Borussia Dortmund has been voted the best of the 2025 Club World Cup in a FIFA online poll. Securing possession in midfield, the 26-year-old used pace and footwork to burst through the defence before calmly shooting past goalkeeper Gregor Kobel. Advertisement Unfortunately for Sundowns, the first goal of the group match in the 11th minute triggered an immediate response from the German outfit, who scored four times before finishing 4-3 winners. Tanzania Simba captain Mohammed Husseini will not have his contract renewed by Simba after 12 years at a club who have dominated Tanzanian football for decades with Dar es Salaam neighbours Young Africans. The 28-year-old left-back joined Simba from Kagera Sugar in 2014 and has been a first choice since under various coaches, including current incumbent, South African Fadlu Davids. Simba were runners-up in the CAF Confederation Cup and Tanzanian Premier League last season and suffered a surprise semi-finals loss to Singida Black Stars in the Tanzanian FA Cup. Advertisement Ghana Abdul-Karim Zito has been elevated from caretaker to head coach of Asante Kotoko, a Ghanaian club seeking to become giants again in the west African nation. The two-time African champions came third in the league last season behind first-time title-holders Bibiani Gold Stars, then beat Golden Kick with an added-time goal to win the Ghana FA Cup. Lifting the cup qualified Kotoko for the CAF Confederation Cup, the second-tier African competition where Zito exceeded expectations in 2024 by taking another Ghanaian club, Dreams, to the semi-finals. Uganda Widely travelled Belgian coach Ivan Minnaert has swapped one domestic champion club for another by moving from Fassell of Liberia to Vipers of Uganda. Advertisement Monrovia-based Fassell finished 11 points ahead of Heaven Eleven in the Liberian title race to be crowned national champions for the first time. Vipers, whose home ground lies 25 kilometres (16 miles) from the capital Kampala, won a much tighter Ugandan league chase, securing just two points more than runners-up NEC. str-dl/nr

Zawya
22-07-2025
- Business
- Zawya
Financing Agreements to Strengthen Education in Mauritania and Chad
The Governments of Mauritania and Chad today signed funding agreements for the Regional Engagement for Learning and Collaboration in Education (RELANCE) Project, supported by the World Bank and the Federal Republic of Germany, for a total of $137 million. This ambitious project aims to transform education systems in both countries by strengthening sector governance and expanding access to flexible and inclusive learning pathways. It targets more than 850,000 young people, half of whom are girls, while promoting access to learners with special needs. In a regional context of sustained demographic growth, disparities in access to education, and increasing demand for job-relevant skills, RELANCE offers a collaborative and integrated approach. It builds on ongoing efforts to strengthen education systems while introducing regional mechanisms for coordination, resource sharing, and innovation. The project includes the establishment of a Regional Institute of Education in Nouakchott to strengthen executive capacity in the education sector, drive applied research, and inform policy through data and evidence. Supported by the Association of African Universities, the institute is positioned to become a center of academic excellence for both countries, fostering structured, long-term collaboration and knowledge exchange. "T he signing of the financing agreements for the RELANCE Sahel project reflects our collective commitment to building a resilient, educated, and forward-looking Sahel," said Sid'Ahmed Bouh, Minister of Economy and Finance. The initiative includes the creation of a regional Open School in each country, designed to meet the needs of young people outside the traditional education circuits, especially in areas where access to education remains limited. This hybrid system will combine digital learning, face-to-face support and professional training. 'The Regional Open School is a concrete response to the educational realities of our country. It will allow thousands of young people, often far from traditional structures, to have access to adapted learning paths that bring skills and hope,' said Dr. Aboubakar Assidick Tchoroma, Minister of National Education and Civic Promotion of Chad. The project also benefits from significant financial support from the Federal Republic of Germany, through KfW, under the Sahel and West Africa Coast Multi-Donor Trust Fund. This partnership reflects a shared commitment to enhanced regional cooperation. 'RELANCE reflects an ambitious and pragmatic regional approach. By supporting this initiative, Germany reaffirms its willingness to support Sahel countries in their efforts to build more inclusive education systems that are better grounded in local realities,' said H.E. Dr. Florian Reindel, Ambassador of the Federal Republic of Germany to Mauritania. The World Bank is supporting participating countries through a strategic partnership that combines technical support with long-term financing. RELANCE builds on the achievements of existing national projects, such as the Basic Education Sector Support Project (PASEB II) in Mauritania and the Project to Improve Learning Outcomes in Basic Education (PARAEB) in Chad, while introducing a unique regional dimension. 'Shaping minds is about charting the path to a brighter future. Like a carefully planted seed, an ambitious education policy carries the promise of progress. The RELANCE project thus reflects our shared commitment to making education a transformative force in Mauritania and Chad, by training informed, empowered generations ready to take on the challenges of tomorrow," said Ousmane Diagana, World Bank Vice President for Western and Central Africa. Designed as an open regional platform, the project will be open to other Sahel countries interested in joining. It marks an important step towards building a more integrated Sahelian educational space capable of meeting the aspirations of a dynamic and committed youth. Distributed by APO Group on behalf of The World Bank Group.