Related Articles
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 […]
Turkey announces 20 bln barrel oil field discovery in East Africa
Turkish explorations offshore Somalia led to the discovery of commercially viable crude oil, estimated at 20 billion barrels. Turkey and Somalia had signed a deal under which Turkey controls 90% of oil and gas output rights. The deal triggered criticism for its unfavorable terms for Somalia, a war-torn and cash-strapped country. Somalia’s President Hassan Sheikh […]
Morocco’s Ismahane Elouafi appointed as FAO’s Chief Scientist
Morocco’s Ismahane Elouafi was appointed Chief Scientist of the Food and Agriculture Organization (FAO), a newly created post by the UN agency. FAO Director General Qu Dongyu announced Ismahane Elouafi’s recent nomination at the 35th session of the FAO regional conference for the Near East and North Africa (NENA) region. The creation of the new […]



