Morocco’s 2020 draft budget provides for a series of measures to improve the purchasing power of the poor, increases funding for social services and augments spending to back the reforms of the health and education sectors. The document, shared widely on Moroccan media ahead of its submission to Parliament’s deliberations, allocates 26 billion dirhams for […]
Morocco’s state-owned rail operator ONCF raised $200 million via a green bond that was five times over-subscribed with a total demand reaching $1 billion. The bond was part of ONCF’s green push, as it plans to expand the national rail network. The four-tranche bond had maturities ranging from 10 to 15 years at rates varying […]
Turkish foreign minister Hakan Fidan, earlier this week, led a delegation to Niger to discuss uranium supplies, Bloomberg reported. The delegation “wants to tap Nigerien supplies of the fissile mineral to fuel Turkey’s nascent nuclear-power industry,” it said. The two parties agreed to boost cooperation on energy, mining, intelligence, and defense, at a time Niger […]
