US ambassador to Morocco David Fisher & culture minister ferdaous

Australian mining company accepts to pay Mali $160mln in tax dispute

Australian mining company, Resolute Mining, said it has accepted to pay $160 million to settle a tax dispute with the Mali government, after authorities detained its British CEO. The company agreed to an immediate settlement of $80mln from available funds, with the rest to be paid later, the media reported. The CEO was detained along […]

Libya Tops North Africa’s Corruption Index

International Anti-Corruption Day was celebrated all across North African earlier this week with dismal news on the fight against bribery. Overall, the latest Corruption Perceptions Index (CPI) from Transparency International showed little to no improvement in graft around the region. For example, in Libya, the situation got even worse when the country was ranked as […]

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 […]