business / news / / Times of India
Morocco's King Mohammed VI is Africa's richest monarch, with a net worth estimated between $5–10 billion.
Managem Group is investing $750 million to boost gold output by 134% by 2030.
KEY POINTS
- Managem's Etéké mine in Gabon will start producing 60,000 ounces of gold annually from 2028.
- The Karita project in Guinea aims for 200,000 ounces of gold per year starting in 2029.
- Gold now accounts for over half of Managem's earnings, with revenue rising 55% last year.
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