King Mohammed VI chairs economic monitoring committee

Tunisia: President’s iron fist stokes authoritarian fears

Tunisia is experiencing a democratic backsliding following the power grab of President Kais Saied that has led to frequent protests against his iron fist and stoked fears that an authoritarian regime is in the making in the crisis-ridden country. Kais incremental coup started last July when he sacked the government and suspended the parliament, ruling […]

Ethiopia: over 250 arrested over foiled coup

In Ethiopia, nearly 250 people have been arrested in Addis Ababa and the main city of Amhara region since a coup attempt was foiled, state TV reported on Thursday. The state-run Ethiopian Broadcasting Corporation did not give any more details on who was arrested or when. But a political party based in the northern region […]

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 […]