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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 […]
Libya: HoR Speaker announces further tax reduction on foreign currency transactions
Speaker of Libya’s House of Representatives (HoR), Aqila Saleh, announced on Wednesday, November 20, a further reduction in the tax on foreign currency transactions, lowering it to 15% from the previous 20%. This adjustment applies to all purposes and marks the second decrease in what is commonly referred to as the “dollar tax.” Last October, […]
COVID-19: Health emergency extended in Morocco until September 10
The government Council, held Tuesday in Rabat, has decided to extend the state of health emergency across the national territory until Friday Sept. 10, 2021, as part of efforts aimed at curbing the spread of the COVID-19 pandemic. The decision was made during the weekly meeting of the Government Council held in Rabat. “As part […]



