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Morocco’s OCP Group raises $2 billion from bonds sale
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 […]
Japanese Premier to be absent at TICAD 8 summit in Tunisia
Japanese Prime Minister Fumio Kishida will miss the 8th Tokyo International Conference on African Development (TICAD) summit planned to take place late this month in Tunis, after the Japanese state-run news Kyodo News announced he contracted COVID-19. Kishida tested positive to the virus on Sunday at the end of his summer break. He, commenced working […]
France: Sarkozy bows out of political live following primaries
Former French President Nicolas Sarkozy Sunday announced his retreat from political life following his big loss at party’s primaries first around to decide who will represent the center-right les Republicains at next year presidential elections. Seeing himself as saviour, the one to lift France out of it economic slowdown, Sarkozy on Sunday failed to convince […]



