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Morocco’s OCP to raise 5bln dirhams in ordinary bond
Morocco’s OCP group plans to issue an ordinary bond to raise 5 billion dirhams or 500 million dollars as it seeks funding for its ambitious green energy and desalination projects, financial markets regulator AMMC said. OCP, a market mover in phosphates and fertilizers production, plans to go green by 2040 as it forges ahead to […]
Burkina Faso to send troops to Niger to prop up junta in event of aggression
The government of Burkina Faso has green-lighted plans to send military troops to Niger to back the junta in power in case of foreign aggression as possible military intervention of regional bloc Economic Community of West African States (ECOWAS) looms. A Cabinet statement late Wednesday August 30, Anadolu news agency reports, said the government was […]
Sahara: Morocco in talks with UAE over investment of up to $10 Bln in wind energy projects
Morocco is reportedly negotiating with some UAE companies wind energy projects in its southern provinces. The total investment of these projects is estimated between $8 and $10 billion, according to Arabic energy-focused Attaqa media platform. The Emirati companies engaged in talks are Masdar, AMEA Power, and Taqa. They are negotiating with the North African Kingdom […]



