VOL. XLIII
No. 33
14-August-2000
MOROCCO
French Proparco Extends $20Mn Loan To Moroccos Managem To Restructure Gold Mine
The French company Proparco, a financial institution of the French Development Agency (FDA), on 3 August extended a $20mn loan to the Moroccan mining group Managem to restructure the Akka Gold mine at Agadir in south Morocco. According to Reuters, the loan agreement was signed by Managem, a branch of the Omnium Nord Afrique (ONA) Group, the largest private conglomerate in...
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