tindouf camps

Morocco’s OCP secures a $350 million loan facility from Afreximbank

Morocco’s phosphate group, OCP, has secured a $350 million loan facility from the African Export-Import Bank (Afreximbank) that will support the Group’s expansion plans across Africa. The Pan-African multilateral EXIM Bank announced earlier this week the signing of the 7-year $350 million term loan facility to provide financing to OCP Group. The bank, through its […]

Libya’s embattled PM confident HoR’s confidence vote to rival cabinet will fail

Libya’s incumbent Prime Minister Abdelhamid Dbeibah Sunday told supporters that “the patriot parliament members” will ruin the confidence-granting session expected this Monday in the country’s legislature to inaugurate the cabinet of rival Fathi Bashagha, reports say. An unspecified number of demonstrators protested in capital Tripoli to demand elections after the scheduled Dec. 24 failed to […]

Libyan political parties call for unity, action to resolve stalemate

Thirty representatives from various Libyan political parties have expressed deep concerns over the ongoing political deadlock in the country during an introductory meeting with Hanna S. Tetteh, the Special Representative of the UN Secretary-General for Libya. The representatives underscored the urgent need to unify state institutions, accelerate the political process, and better manage resources, as […]