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Morocco’s OCP Group issues bond worth $1.5 billion
Morocco’s phosphates and fertilizer producer OCP Group raised 1.5 billion dollars in a dual tranch-bond that is aimed at boosting its growth strategy. The group has become a key player in fertilizer production and plans plants in Nigeria and Ethiopia as well as blending units across the continent. Demand for the bond, which was arranged […]
Indonesia bars road to Algeria’s banditry at African summit
At the Indonesia-Africa Forum, Indonesian authorities learned lessons from the laxism of Japanese authorities with participants by imposing that only participants with a valid badge with a nametag can take part in the event, leaving Algeria unable to smuggle the Polisario agents as it did in Tokyo. Algeria has violated diplomatic norms in the Japan-Africa […]
Somalia’s president targeted in bomb attack by Al-Shabaab militants
Somali president Hassan Sheikh Mohamud narrowly escaped an assassination attempt on Tuesday when his convoy was targeted by a roadside bomb in Mogadishu. The bomb exploded near the presidential palace as the president’s motorcade was leaving the building en route to the airport. The militant group Al-Shabaab, which has long waged attacks against the Somali […]



