MOROCCO-POLITICS-GOVERNMENT

AfDB approves 450 million euro guarantee for OCP green investment program

The African Development Bank Group board of directors approved Wednesday a 450 million euro non-sovereign partial credit guarantee benefiting the Phosphates Office Group. This financing instrument, deployed in Morocco for the first time, aims to enable OCP Group to mobilize loans up to 530 million euros from international financial institutions aligned with its green financing […]

Ennahdha rejects allegations party members signed petition seeking to ouster Speaker of Parliament

The dominant party in the Tunisian legislature, Ennahdha, Tuesday rejected claims that some of its members have joined the 73 signatories of a petition asking the removal of the leader of the Islamist party Rached Ghannouchi as speaker of Parliament. The reaction came after Fayçal Tebbini, lawmaker from The Farmers’ Voice told local radio Jawhara […]

Libya : Zeidan returns as actual Prime Minister, courts to intervene

Ali Zeidan has returned to Libya claiming that he is the legitimate Prime Minster of the State. Zeidan was fired from his post by the General National Congress (GNC) after allegations of embezzlements. His return to the North African country with demands to be reinstated as Prime Minster could further worsen the political crisis especially […]