Morocco’s phosphates and fertilizers giant, OCP, plans a bond issue ranging between $1.5 billion and $2 billion as it launched major investments in renewable energies, desalination, green hydrogen, and ammonia. The news, relayed by Medias24 and major news agencies, marks the first bond by OCP since it announced an ambitious growth strategy of about $12 […]
Iran and India have signed a Memorandum of Understanding for the development of the Chahbahar port located in Southeastern Iran. The agreement was signed by India’s Shipping Minister Nitin Gadkari and Iran’s Minister for Transport and Urban Development Dr. Abbas Ahmad Akhoundi. It is seen as a strategic move although the U.S has warned against […]
Algeria’s newly elected President Abdelmadjid Tebboune has been inaugurated this Thursday, one week after unpopular polls. The 74-year old made his maiden speech to the nation in front of a myriad of civil and military authorities and in the presence of foreign diplomats accredited to the North African country, the state-run news agency APS reported. […]
