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Morocco completes 2 bln euro-denominated oversubscribed bond sale
Morocco has sold 2 billion euros in a dual-tranche bond split into four and ten years, as demand exceeded the offer, Bloomberg and Global Capital reported. Morocco gathered some 7 billion dollars in orders for the bond sale, highlighting the attractivity of the country for global investors. The bond would boost the government’s finances as […]
China to help Kenya pick location of first nuclear power plant
The Indian Ocean, Lake Victoria and Lake Turkana have been identified as the most optimal sites for the establishment of Kenya’s first nuclear power plant, local media reported. China National Nuclear Corporation (CNNC) is helping the East African nation’s Nuclear Power and Energy Agency (NuPEA) to identify the sites that would host the first […]
War in Ukraine will not affect Morocco’s wheat supply
The war in Ukraine will not affect Morocco’s wheat supply but will have an impact on prices, said government spokesman Mustapha Baitas. Morocco has a diversified wheat basket with Russia and Ukraine representing 25% and 11% of Moroccan supplies respectively, he said. Morocco does not import hard wheat from the two Black Sea markets, he […]



