President Abdelaziz Bouteflika might step down from power Tuesday, April 2, two days after he named a caretaker government that will lead the country through transition. Local television networks, Ennahar and El Bilad, Sunday released the information shortly after Bouteflika named a caretaker administration to be led by Noureddine Bedoui, the recently appointed Prime Minister. […]
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 […]
Peace talks bringing together South Sudan’s government and members of the holdout groups in Kenya’s capital, Nairobi, have reached final stages for conclusion, with the draft peace agreement creating a leadership council, rebranding the structure of the presidency and limiting the role of the cabinet and legislature. “Talks have progressed well. Significant signs of progress […]
