OCP Africa

Rise of the ‘Renmimbi’ to the International Stage: A Win-Win Game for the Emerging Multi-Polar Global Economy

Empirical studies show that the international monetary system is already tripolar. The Chinese currency, the renmimbi, has increasingly become a reference currency, as one which exhibits a high degree of co-movements with other currencies. In the wake of the 2008 financial crisis, the renmimbi has accelerated its standing as the East-Asia exchange rate reference currency […]

Mauritanian President Leaves Paris Hospital after Treatment

President Mohamed Ould Abdel Aziz of Mauritania has left on Wednesday the Percy Hospital in Paris where he had been treated for the gunshot wounds he was inflicted on October 13 in what was officially described as a “an accidental shooting”. According to a presidency official, President Abdel Aziz was in good condition and went […]

Singapore hails Morocco’s serious & credible efforts to settle Sahara issue

Singaporean Minister of Foreign Affairs Vivian Balakrishnan on Monday commended Morocco for the “serious” and “credible” efforts it makes in the framework of the autonomy plan to resolve the Sahara issue. The Singaporean minister’s statement came during a joint press briefing with his Moroccan peer Nasser Bourita, after their talks in Rabat. The head of […]