North Africa Post
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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 […]
Europe Headlines International Morocco

EU Promises More Financial Support for Morocco & Spain to Manage Migration

North Africa Post

EU Commission chief Jean-Claude Juncker promised to release €55 million from the emergency fund to help Morocco and Spain tackle the rise of illegal migration in the Western Mediterranean. The news came after reports cited that Morocco requested help to address the illegal migration challenge in its north as an increasing number of migrants are […]
Columns Headlines Opinions

Algeria worsens its self-imposed isolation by erratic decisions

North Africa Post

After worsening ties with almost all of its immediate north African neighbors, Algeria has entrenched its self-inflicted diplomatic and economic isolation by hostile moves against Spain, triggering a firm reaction from the EU. Algeria has asked its bank to withhold processing all commercial transactions with Spain the same day it has suspended a friendship and […]