The European Bank for Reconstruction and Development injected 38.4 million euros-via a green bond issuance- in Moroccan rail operator ONCF, as the latter expands its network. “Issuing the bond will partially refinance the debt from ONCF’s latest development round designed to modernize and electrify the network; acquire and upgrade electric rolling stock; address safety units […]
Morocco’s industrial sector demonstrated improvement in July 2025, with production and sales advancing across most branches, according to Bank Al-Maghrib’s latest monthly conjuncture survey. The recovery signals strengthening economic momentum despite persistent challenges in specific manufacturing segments. Production and sales increased in all industrial branches except textiles and leather, where sales remained stagnant. The capacity […]
The Chairman of Libya’s National Oil Corporation (NOC) that manages the North African country’s oil resources has refused to make comments during an international oil conference in Paris, in protest to France’s support of warlord Khalifa Haftar, who has been waging on war on the UN-backed unity government in a move to control capital Tripoli. […]
