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Morocco completes 2 bln euro-denominated oversubscribed bond sale

Morocco has sold 2 billion euros in a dual-tranche bond split into four and ten years, as demand exceeded the offer, Bloomberg and Global Capital reported. Morocco gathered some 7 billion dollars in orders for the bond sale, highlighting the attractivity of the country for global investors. The bond would boost the government’s finances as […]

WTM Africa 2023 shows optimism over continent’s tourism sector prospects

Africa’s travel market is open again and experiencing a boom, despite the serious damage the industry sustained due to the Covid-19 pandemic — this is a sentiment expressed by an estimated 600 exhibitors at the World Travel Market (WTM) Africa, the continent’s biggest and most important travel and tourism event that has officially opened its […]

Greece passes controversial law to reject asylum claims from Libya amid migration surge

Greece has passed a new law allowing authorities to reject asylum applications from migrants arriving via Libya, designating the North African country as a “safe third country.” The move has drawn sharp criticism from human rights organizations, who argue that Libya remains unsafe for migrants and asylum seekers. The legislation, approved by the Greek parliament […]