Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]
A blast at a weapons depot in Brak al-Shati in southern Libya has killed at least 10 people, while at least three soldiers have reportedly been killed in clashes with an armed group in Benghazi. State television in Libya quoted an injured man as saying people had been trying to steal copper wire from the […]
Former Gabon president Ali Bongo, who was ousted in a 2023 coup, has left the country for Angola accompanied by his wife and son, Angola’s presidency announced in a Facebook statement. The departure follows last week’s transfer of Sylvia Bongo, 62, and Noureddin Bongo, 33, from prison to house arrest. Both had been in custody […]
