sound energy

OCP Gleans $ 1.5 billion to Finance Large-Scale Investment Programs

L’Office Chérifien des Phosphates (OCP,) the Moroccan State-owned phosphates company, said last week it raised $ 1.55 billion in the first international bond issue having a solid emitter notation organized by an African company outside South Africa. OCP thus sold 10-year bonds to yield 5.625 percent for $1.25 billion and $300 million worth bonds that […]

Morocco, Zambia to Open New Chapter in Bilateral Ties

Zambia, a long-time supporter of the Algerian-sponsored separatist thesis, is set to open a new chapter in its relations with Morocco marked by strong economic and political ties. King Mohammed VI, who is in Lusaka, the second stop in a new African tour that previously led him to Accra, is leading a political and economic […]

Morocco reiterates unwavering support for Palestine

Morocco has renewed its unwavering support for the Palestinian cause and for the legitimate right of the Palestinian people to establish an independent and viable State. This came during an extraordinary meeting of the Council of Arab Foreign Ministers, held to discuss the US government’s new stand on Israel’s West Bank settlements that it no […]