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Morocco, Finland poised to strengthen cooperation in energy sectors

Morocco and Finland have signed an agreement meant to foster their cooperation in the energy sector. The document was signed during a virtual meeting between the Minister of Energy Transition and Sustainable Development, Leïla Benali, and the Finnish Minister of Economy, Mika Lintilä, represented in Rabat by the Finnish Ambassador to Morocco, Pekka Hyvönen. The […]

Why Teboune should thank Nigeria for Algerian economy’s African ranking

Algeria’s President Tebboune has received a boon from Nigeria whose GDP shrunk to become the fourth largest African economy, ceding the third place to Algeria. In what many observers see as an early electoral campaign, Tebboune gave half-economic truths as usual boasting that Algeria became the third largest African economy, thanks to his policies! In […]

OCP Gleans $ 1.5 billion to Finance Large-Scale Investment Programs

L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]