North Africa Post
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Headlines Maghreb Morocco

UN chief reiterates MINURSO’s role is ceasefire monitoring

North Africa Post

UN secretary general Antonio Guterres reiterated that the mission of the MINURSO is to ensure the ceasefire is respected in the Sahara region between Morocco and the Algeria-based polisario front. The statement deals a blow to the Polisario and their Algerian mentors who are still waiting for a referendum, a proposal that proved infeasibility and […]
Africa International Libya

Russia shifts military focus to Libya, heightening Mediterranean security concerns

North Africa Post

Following the conclusion of the Syrian civil war, Russia has begun repositioning its military assets, with Libya emerging as a key focus. After withdrawing forces from Syria, Moscow is now bolstering its military presence in Libya, particularly at the Maaten Al Sarra airbase, which it is modernizing to support operations across North Africa. Russia’s military […]
Emerging Markets Finance Headlines International Morocco

OCP plans international bond worth up to $2 bln to fund development plan

North Africa Post

Morocco’s phosphates and fertilizers giant, OCP, plans a bond issue ranging between $1.5 billion and $2 billion as it launched major investments in renewable energies, desalination, green hydrogen, and ammonia. The news, relayed by Medias24 and major news agencies, marks the first bond by OCP since it announced an ambitious growth strategy of about $12 […]