Morocco’s OCP Group to Launch over Half- Billion-Dollar Subordinated Perpetual Bond

Morocco’s state-owned phosphate OCP Group is planning to raise up to $540 million through a subordinated perpetual bond to fund second phase of its ambitious industrial, energy, and environmental transformation strategy. The bond issue, approved by the Moroccan Capital Market Authority (AMMC), will be open exclusively to qualified Moroccan institutional investors from June 11 to […]

Libya: UN Outraged by Extrajudicial Killings in Benghazi following Bombings

The UN Special Mission in Libya (UNSMIL) Wednesday expressed concerns over what it termed “brutal and outrageous summary executions” of prisoners in the city of Benghazi, at the scene of Tuesday double car bomb attacks. UNSMIL’s reaction came following the emergence of a series of photos showing the execution of at least nine prisoners in […]

OCP, Kenya’s KNTC to improve farmers’ access to fertilizers at affordable prices

Morocco’s leading phosphate company OCP and the Kenya National Trading Corporation (KNTC) have struck a partnership to improve farmers’ access to fertilizers at affordable prices. The partnership between the KNTC and OCP’s office in Kenya will ensure that farmers can get fertilizers at the right time, reported the Kenyan Daily Nation paper. KNTC managing director […]