zambie-maroc

Egypt’s government to sell 60% of bond

The government is preparing to sell almost 60% of its bond in the next quarter. The decision is a U-turn on its strategy to cut long-term debt sales by 49% in expectations of the delayed IMF loan. The Finance Ministry will seek to sell 26billion pounds ($4.2 billion) in bonds maturing in 3years to 10years, […]

Morocco’s participation at 73rd UN GA, Active Engagement on Multiple Fronts

Morocco underscored its active participation at the 73rd UN General Assembly in line with the tenets of its foreign policy underpinned by multilateralism, sustainability, win-win partnerships and south-south cooperation. Morocco made its voice heard concerning some of the key issues discussed at the General Assembly, including migration, fight against terrorism, climate change and sustainable development. […]

OCP’s 2017 Revenues Hit 48.5 bln Dirham

Morocco’s state-owned phosphates giant (OCP) said its revenues grew 14% in 2017 to reach 48.5 billion dirhams compared to 42.48 billion in 2016. OCP’s phosphates rock sales increased 40% while the group’s revenues from selling fertilizers jumped 24% compared to 2016. This performance helped the OCP offset a fall in international prices, the company said […]