After a well acclaimed and long awaited return of President Bouteflika, doubts have begun to rise from all quarters after being featured by the state television in a short and almost silent video. The video showed the president having a meeting with high dignitaries of his government. The video has intensified the debate over his […]
Morocco’s state-owned OCP group has successfully raised $2 billion from Eurobonds sale which attracted massive investor interest, exceeding $6.2 billion, or 3.1 times the amount offered. According to press reports, the world phosphate and fertilizer giant issued 10-year and 30 year-bonds with interest rates of 6.75% and 7.5% respectively. The raised money will help the […]
The United Nations Development Programme (UNDP) announced on Monday, 22nd December, the approval of a 5.8-million-US-dollar project, financed by the Global Environment Facility (GEF), aimed at tackling environmental degradation and advancing sustainable development in Libya’s Ubari Lakes basin. The five-year initiative, to be implemented in collaboration with Libya’s Ministry of Environment, will prioritise reversing land […]
